About Nerd Street
Nerd Street is a company based in Philadelphia (United States) founded in 2009 by John Fazio. It operates as a On-Demand Services, and Two-Sided Marketplace. Nerd Street has raised $70.81 million across 12 funding rounds from investors including Five Below, Konvoy and SeventySix Capital. Nerd Street offers products and services including Live Events, Gaming Venues, and Custom Solutions. Nerd Street operates in a competitive market with competitors including NODWIN Gaming, Hero Entertainment, BLAST Premier, DreamHack and Boom.tv, among others.
- Headquarter Philadelphia, United States
- Founders John Fazio
-
Sectors
Media & Entertainment
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Nerd Street Gamers
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$70.81 M (USD)
in 12 rounds
-
Latest Funding Round
$6 M (USD), Series C
Sep 20, 2024
-
Investors
Five Below
& 7 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Nerd Street
Nerd Street offers a comprehensive portfolio of products and services, including Live Events, Gaming Venues, and Custom Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
National stage competitions for aspiring esports players are organized.
Local gaming communities are supported with advanced equipment.
Unique gaming experiences are created through tailored events.
Unlock access to complete
Funding Insights of Nerd Street
Nerd Street has successfully raised a total of $70.81M across 12 strategic funding rounds. The most recent funding activity was a Series C round of $6 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 12
- Last Round Series C — $6.0M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series C - Nerd Street | Valuation | Konvoy Ventures |
|
| Jun, 2024 | Amount | Series B - Nerd Street | Valuation |
investors |
|
| Jan, 2022 | Amount | Series B - Nerd Street | Valuation | Comcast Spectacor , Founders Fund |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Nerd Street
Nerd Street has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Five Below, Konvoy and SeventySix Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm investing in gaming technologies based in Denver.
|
Founded Year | Domain | Location | |
|
Venture capital firm investing in sports tech sector
|
Founded Year | Domain | Location | |
|
Venture capital investments in technology and defense sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Nerd Street
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Nerd Street
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nerd Street Comparisons
Competitors of Nerd Street
Nerd Street operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NODWIN Gaming, Hero Entertainment, BLAST Premier, DreamHack and Boom.tv, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Esports tournaments and events are organized across multiple games.
|
|
| domain | founded_year | HQ Location |
Action-oriented mobile games are developed for Android users.
|
|
| domain | founded_year | HQ Location |
Counter-Strike esports tournaments are organized and merchandise is sold online.
|
|
| domain | founded_year | HQ Location |
Sports event tickets and eSports leagues are provided online.
|
|
| domain | founded_year | HQ Location |
Developer of a Live streaming platform for casual eSports games
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Nerd Street
Frequently Asked Questions about Nerd Street
When was Nerd Street founded?
Nerd Street was founded in 2009 and raised its 1st funding round 8 years after it was founded.
Where is Nerd Street located?
Nerd Street is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Who is the current CEO of Nerd Street?
John Fazio is the current CEO of Nerd Street. They have also founded this company.
Is Nerd Street a funded company?
Nerd Street is a funded company, having raised a total of $70.81M across 12 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Oct 18, 2017.
What does Nerd Street do?
Esports communities are supported by Nerd Street through live events, competitive tournaments, and state-of-the-art gaming venues. Solutions for universities and custom event production are provided to create unique gaming experiences. Localhost venues in cities like Philadelphia are operated to host tournaments and private events. The focus is placed on building national esports engagement and fostering gamer communities across various platforms and games.
Who are the top competitors of Nerd Street?
Nerd Street's top competitors include NODWIN Gaming, BLAST Premier and DreamHack.
What products or services does Nerd Street offer?
Nerd Street offers Live Events, Gaming Venues, and Custom Solutions.
Who are Nerd Street's investors?
Nerd Street has 8 investors. Key investors include Five Below, Konvoy, SeventySix Capital, Comcast Spectacor, and Founders Fund.