PlayVS, a startup esports league at the high school level, has secured $15 million in a Series A funding round. Venture capital firm New Enterprise Associates (NEA) led the funding. NEA has invested in other successful companies such as Uber, Groupon, and Buzzfeed. In addition, other notable investors included the San Francisco 49ers, Twitch founder Kevin Lin, rapper Nas and Dollar Shave Club co-founder Michael Dublin.
Video games played a critical role in keeping me out of trouble and helping me develop an interest in technology when I was a kid growing up on the westside of Detroit. Our exclusive partnership with the NFHS and NFHS Network was the first step toward creating a league system that will impact millions of kids’ lives in an extremely positive way. Now, with our Series A, we can take all the steps necessary to ensure that our inaugural season is a massive success while being affordable for schools, parents and students across the country.