About X1 Esports
X1 Esports is a company based in Vancouver (Canada) founded in 2019.. X1 Esports has raised $12.44 thousand across 1 funding round. X1 Esports has completed 4 acquisitions, including Octane, ShiftRLE and TYRUS Health. X1 Esports operates in a competitive market with competitors including Faceit, MLG, Challengermode, Community Gaming and Gamercraft, among others.
- Headquarter Vancouver, Canada
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Sectors
Media & Entertainment
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.44 K (USD)
in 1 rounds
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Latest Funding Round
$12.44 K (USD), Seed
Jun 10, 2021
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Octane
& 3 more
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Funding Insights of X1 Esports
X1 Esports has successfully raised a total of $12.44K through 1 strategic funding round. The most recent funding activity was a Seed round of $12.44 thousand completed in June 2021. 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 1
- Last Round Seed — $12,437
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First Round
First Round
(10 Jun 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Seed - X1 Esports | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by X1 Esports
X1 Esports has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Octane, ShiftRLE and TYRUS Health. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Blogs focused on gaming topics are published by ShiftRLE.
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2020 | ||||
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Hospitalist billing, medical coding, and patient revenue services are provided.
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2019 | ||||
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Online Esports statistics platform for gamers
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - X1 Esports
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
X1 Esports Comparisons
Competitors of X1 Esports
X1 Esports 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 Faceit, MLG, Challengermode, Community Gaming and Gamercraft, 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 platform for skill showcasing and tournament hosting.
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| domain | founded_year | HQ Location |
Esports tournaments are organized and broadcasted by the company.
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| domain | founded_year | HQ Location |
Esports infrastructure is provided for gamers, organizers, and developers.
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| domain | founded_year | HQ Location |
Esports tournaments are hosted on an online platform for users.
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| domain | founded_year | HQ Location |
App-based platform offering esports tournaments
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| domain | founded_year | HQ Location |
Real money gaming is enabled through private leagues and tournaments.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on X1 Esports
Frequently Asked Questions about X1 Esports
When was X1 Esports founded?
X1 Esports was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is X1 Esports located?
X1 Esports is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Who is the current CEO of X1 Esports?
Mark Elfenbein is the current CEO of X1 Esports.
Is X1 Esports a funded company?
X1 Esports is a funded company, having raised a total of $12.44K across 1 funding round to date. The company's 1st funding round was a Seed of $12.44K, raised on Jun 10, 2021.
What does X1 Esports do?
X1 Esports was founded in 2019 in Vancouver, Canada, within the esports sector. An online platform is provided to support gaming activities and business portfolios for users. Features such as entertainment options, advertising tools, and sales functionalities are included. Operations focus on facilitating esports engagement through digital services across various aspects of the industry.
Who are the top competitors of X1 Esports?
X1 Esports's top competitors include Faceit, MLG and Community Gaming.
How many acquisitions has X1 Esports made?
X1 Esports has made 4 acquisitions, including Octane, ShiftRLE, and TYRUS Health.