eSports Hero Raises $1 Million

NEW YORKeSports Hero (ESH), a leading eSports company headquartered in New York City announced $1 million in financing from eSports Mogul – an Australian based eSports investment Company to further expand its compliant, skill-based online tournament platform. The platform offers gamers of all ability levels the opportunity to put their talents to the test and play for real cash and prizes in head-to-head matchups. Viewers can watch ESH tournaments globally 24×7 and get involved by crowdfunding prize pools in support of their favorite players.

The company also announced today the expansion of its leadership team with Andrew Schneider, a pioneer in digital entertainment and former Live Gamer, Sony Pictures Digital and NBC executive who joins ESH as Board Director and co-founder. eSports Hero was founded in 2015 by avid gamers James Heldridge (CEO), Chris Gonsalves (CFO) and David Krbec (CTO). eSports Hero has hosted thousands of tournaments since September 2015 for many popular eSports titles. Schneider joins Gernot Abl of eSports Mogul on the Board.

“ESH is capturing the enthusiasm around competitive gaming by offering players of all skill levels an outlet to show off their abilities to the millions of eSports fans around the world,” said James Heldridge, co-Founder and CEO of eSports Hero. “ESH has become a place for up-and-coming players who want to be recognized and a favorite destination for professional players such as Jab, Phonetap and KitKatz who are looking to expand their tournament play.”

According to SuperData Research, the global viewership market for eSports has reached over 188 million with a market value of $748M and heading to $2B by 2018. “We see over a third of eSports fans also competing in an average of four tournaments every six months, and online platforms offer an easy way to participate without having to compete in person,” said Joost van Dreunen, CEO of SuperData Research.

“This investment round and the addition of Andrew to the Board will help accelerate our mission in several ways,” said Chris Gonsalves, CFO, eSports Hero. “Andrew’s deep industry experience and monetization expertise will assist us greatly to add compelling new features to the platform, expand our partnership capabilities and grow the ESH player base.”