01.11.2024

Levellr, a management platform for Discord, secures $1.75 million in a recent funding round

Image credit: The Levellr team

Levellr, a platform specializing in managing Discord communities, has successfully secured $1.75 million in its latest funding round.

The investment was led by various strategic investors including Mitch Lasky, Fuel Ventures, and Colopl Next. Dylan Collins' LFG Holdings also participated, along with key executives from major companies like Krafton, Riot Games, Amazon, Electronic Arts, and Super Awesome.

In addition to the funding, Levellr has appointed Dylan Collins as its new chairman. Collins brings extensive experience as an investor and has been instrumental in founding companies such as SuperAwesome, DemonWare, and Jolt Online.

This injection of funds is intended to facilitate the company's expansion and meet the rising demand for its offerings, with plans to introduce Reddit integration by 2025.

Tom Gayner, Levellr's co-founder and CEO, stated, "With the increasing significance of community and superfan engagement in driving revenue, we're thrilled to receive support from angel investors who understand these industry challenges. The high costs of user acquisition and the vast opportunities for players and consumers have highlighted the need for robust community platforms. Discord is a wonderful venue for such engagements, and we are proud to support this environment."

Established in 2021 by Gayner and Ben Barbersmith, Levellr operates with a team distributed across North America and Europe.

gamesindustry.biz
Comments
Write a comment...
Related news