Investors believe in assistant services for esports: Mobalytics has raised $11.5 million for further development

An American company with Ukrainian roots Mobalytics, which helps users analyze their gaming sessions and pump up esports skills, announced the closure of the funding round A. The company received $ 11.5 million.

Service interface

The key investors were international venture funds founded by immigrants from the CIS — Almaz Capital and Cabra VC. Also participating in the round were such firms as HP Tech Ventures, General Catalyst, GGV Capital, RRE Ventures, Axiomatic and T1 Esports.

Mobalytics is going to spend the raised funds on:

• product development (improved analytics and UX);
• increasing the number of supported games;
• expansion of technical and product teams.

For Mobalytics, this is the fourth round in history. The company received the first seed tranche in November 2016. Then nine investors (including the already mentioned Almaz Capital, General Catalyst and GGV Capital) invested $2.6 million.

Since then, the service has gathered six million users, became an official partner of Riot Games, and also introduced support for games such as League of Legends, Teamfight Tactics, Legends of Runeterra and Valorant.

Mobalytics’ work is based on the internal Gamer Performance Index (GPI) technology. It uses the game’s internal data, which is taken from the API, to use machine learning to analyze user behavior. Then she gives hints to the player and tracks his further progress.

Mobalytics is not the first esports assistant service with AI that attracts solid investments. A similar technology startup GOSU, founded by the former CEO of Game Insight Alice Chumachenko, has so far “raised” about $5.1 million.

Also on the topic:

• GOSU startup.AI additionally raised $2.8 millionGOSU.
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