/Companies

Matcherino

Techstars '15

La Jolla, US · Founded 2015 · Delaware corporation · 20 employees on LinkedIn · 9 known investors

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Matcherino provides tournament infrastructure and crowdfunding tools for esports organizers, enabling bracket management, ticketing, streaming overlays, and global prize payouts across 120+ countries.

Also known as Matcherino, Inc.

Founders & leadership

Matcherino was founded in 2015 by Grant G. Farwell.

GGGrant G. Farwell
Grant G. FarwellCo-Founder & CEOGrant G. Farwell is CEO of Matcherino, which provides tournament infrastructure and crowdfunding tools for esports organizers. He has experience in Bitcoin and fintech product development.
MG
Mario GutierrezCTO
AF
Anthony FarwellSecretary

Board

TA
Tony AbenaBoard directorPromoter at Seven Peaks Ventures
PM
Perry Michael FischerBoard director
LF
Louis FasuloBoard director

Investors · 9

Also in the syndicate · 3

aXiomaticGalaxy EOS VC Fund (Galaxy Digital)leadMadrona

Reported raises · per SEC filings

Form D private placements

$4.1M disclosed across 2 of 5 rounds · 2015–2019

▶$2.6MraisedDec 2018 · 18 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Mario GutierrezExecutive Officer
  • John MaffeiExecutive Officer, Director
  • Perry Michael FischerDirector
  • Tony AbenaDirector
  • Mark WasowiczExecutive Officer
  • Grant G. FarwellExecutive Officer, Director
  • Louis FasuloDirector
Offering amount
$4M
Amount sold
$2.6M
First sale
Nov 2018
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.5MraisedJun 2017 · 15 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Tony AbenaDirector
  • Perry Michael FischerDirector
  • Louis FasuloDirector
  • Mario GutierrezExecutive Officer
  • Grant G. FarwellExecutive Officer, Director
  • Anthony FarwellExecutive Officer
Offering amount
$3M
Amount sold
$1.5M
Minimum investment
$15K
First sale
Jun 2017
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Sep 2026

Matcherino is a technology company that provides software and financial infrastructure for running esports tournaments. Its platform covers bracketing, player registration and signups, ticketing, entry fees, streaming overlays and e-commerce for both online and in-person events, alongside crowdfunding tools that let fans add to tournament prize pools by contributing directly or by purchasing custom in-game content such as DLC and merchandise. Brands can also add to prize pools through click-through sponsor campaigns.

The company also operates a financial layer around tournaments: prize-pool escrow, and documented, tax-compliant distribution of prize money after events conclude, with payouts reaching more than 120 countries and Matcherino handling the associated tax forms. Separate dashboards serve organizers, sponsors and game publishers; the publisher dashboard, supported by Matcherino staff, is used to distribute cash and in-game prizes to an organizer community, while a sponsor activation product provides dedicated placements, engagement quests and post-final overlays. Real-time metrics are surfaced across organizer, sponsor and publisher dashboards.

Matcherino has hosted tournaments across titles including Apex Legends, Counter-Strike: Global Offensive, Dota 2, Fortnite, League of Legends, Overwatch, PlayerUnknown's Battlegrounds and Rocket League, and operates a branded tournament program with Supercell in which contributors to qualifying events earn contributor pins and top-placing teams earn winner pins.

Founding story

Matcherino was founded in 2015 by Grant Farwell, Mario Gutierrez and Ryan Atkinson, after the founders concluded there was no straightforward way to fund the growing esports field and that past incidents of organizers raising money and disappearing with it had made backers wary. The service began with small tournament donation amounts and gradually built trust with contributors.

Business model

Matcherino supplies tournament infrastructure and payment/escrow services to tournament organizers, game publishers and brands, and takes a percentage of the revenue generated through its platform from advertising and e-commerce sales; it also takes a portion of revenue generated by events hosted on the site.

Revenue-share on advertising and e-commerce transactions processed through the platform, plus a cut of revenue generated by events; products include entry fees, ticketing and sponsor activation.

Traction

The company's site reports $5,321,309 paid out, 14,927 tournaments and 60,607 matches. Press coverage in August 2019 reported more than 6,000-6,500 Matcherino-powered events, roughly 500 tournaments a month, over $2.4m in prize money paid out since launch, and 20 employees.

Latest developments

Matcherino continues to operate its tournament platform, publisher dashboard, sponsor activation products and global payout service, including a Supercell-branded tournament program with contributor and winner pins for qualifying gold, silver and bronze events.

▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

One of several competing esports tournament platforms; positioned around the combination of tournament tooling with crowdfunded prize pools and compliant global prize distribution.

Combines tournament operations software with crowdfunding of prize pools and a regulated financial layer — escrow, documented and tax-compliant prize distribution, and payouts to more than 120 countries — rather than offering bracket software alone.

Technology

A web platform combining bracket generation, player registration, ticketing and entry-fee collection, streaming overlays and e-commerce with a payments layer for prize-pool escrow and cross-border payouts, including tax documentation. Fans log in via Twitch and fund events through payment methods such as PayPal. Real-time dashboards report event data to organizers, sponsors and publishers.

Go-to-market

Self-serve tournament creation open to any organizer, combined with partnered and featured events run with game publishers, plus direct sales of sponsorship inventory to brands through the SponsorQuest advertising product.

Esports tournament organizers, game publishers, brands and sponsors, and the players and fans who fund and compete in events. Named brand and publisher relationships have included EA, Blizzard, GameStop, Microsoft, Supercell, 24 Hour Fitness and Bubba Burger.

Geography

Headquartered in La Jolla, California, having previously been described as Seattle-based; listed locations also include Seattle, Los Angeles and Cebu City, Philippines. Prize payouts are supported in more than 120 countries.

History

Founded in 2015, Matcherino graduated from the Techstars Seattle accelerator that year and raised a $1.25m seed round in 2015. It raised further venture financing in 2017 and a $2.7m round in December 2018. John Maffei became CEO in 2018, succeeding co-founder Grant Farwell, who remained chairman. In August 2019 the company added $1.5m from Galaxy Digital's Galaxy EOS VC Fund and Wells Fargo Strategic Capital, bringing its Series A-1 round to $4.1m and total capital raised to nearly $8m, with existing investors Seven Peaks Ventures, Madrona Venture Group, aXiomatic and Vulcan Capital participating.

Risks & controversies

Coverage at the time of the 2019 raise noted broader skepticism about esports valuations and expectations, with some commentators characterizing the sector as a possible bubble, and identified scaling into a crowded field of competing tournament platforms as the company's central challenge.

Compiled by commissioned research from 9 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Countries supported for prize payoutsJan 2026120
Cumulative esports events poweredAug 20196,500 events
EmployeesAug 201920 people
HeadcountAug 202620
Headcount rangeJan 202611-50 employees
Matches playedJan 202660,607 matches
Prize money paid out since launchAug 2019$2.4M
Series A-1 round totalAug 2019$4.1M
Total capital raised since launchAug 2019nearly $8 million
Total prize money paid outJan 2026$5.3M
Tournaments hostedJan 202614,927 tournaments
Tournaments powered per monthAug 2019500 tournaments/month

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Related companies · 4

Companies working in the same space as Matcherino.

Timeline · 4

launches, deals, and filings
Jan 2026
Supercell tournament program on Matcherino

Matcherino hosts a Supercell tournament program where contributors to qualifying events earn contributor pins and gold, silver and bronze events award winner pins to top-placing teams; tournament creation is open to all, with prize pools and pins reserved for partnered events.

source ↗

Aug 2019
Matcherino adds $1.5m to Series A-1 round from Galaxy EOS VC Fund and Wells Fargo Strategic Capital

Matcherino announced an additional $1.5m in funding, bringing its Series A-1 round to $4.1m. New investors Galaxy Digital (via the Galaxy EOS VC Fund) and Wells Fargo Strategic Capital joined existing backers Seven Peaks Ventures, Madrona Venture Group, aXiomatic and Vulcan Capital.

$1.5M source ↗

Jan 2018
John Maffei becomes CEO, succeeding co-founder Grant Farwell

John Maffei took over as CEO in 2018 from co-founder Grant Farwell, who remained chairman.

source ↗

Jan 2015
Graduated from Techstars Seattle accelerator

Matcherino completed the three-month Techstars Seattle accelerator program in 2015.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
MatcherinoDelaware

In the news

▸Research sources · 9

primary sources listed

9 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Matcherino do?
Matcherino builds tournament software, crowdfunding and prize-payout infrastructure for esports organizers and game publishers.
Who founded Matcherino?
Matcherino was founded by Grant G. Farwell in 2015.
Who are Matcherino's investors?
Matcherino's investors include Madrona Venture Group, SeaChange, Techstars, Prosperity7 Ventures, Seven Peaks Ventures, Wells Fargo Strategic Capital.
How much funding has Matcherino raised?
Matcherino has disclosed $4.1M raised across 2 of its 5 known rounds.
Where is Matcherino headquartered?
Matcherino is headquartered in La Jolla, US.