When was Challengermode founded?

Challengermode was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Challengermode located?

Challengermode is headquartered in Stockholm, Sweden.

Who is the current CEO of Challengermode?

Robel Efrem of Challengermode. They have also founded 1 company.

How many employees does Challengermode have?

As of Sep 30, 2026, the latest employee count at Challengermode is 34.

Is Challengermode a funded company?

Challengermode is a funded company, having raised a total of $14M across 4 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Aug 24, 2015.

When was the latest funding round of Challengermode?

Challengermode's latest funding was a $***** Series A round on Aug 26, 2020, with participation from 5 investors.

What is the annual revenue of Challengermode?

Annual revenue of Challengermode is between $1M and $10M as on Mar 31, 2024

Where does Challengermode rank among its competitors?

Challengermode ranks 9th amongst 343 active competitors, of which 33 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was MPL, which secured $5.41M in Feb, 2025.

Who are the top competitors of Challengermode?

Challengermode's top competitors include Skillz, MPL and Faceit. Among them, MPL secured the most recent funding round in February, 2025.

Challengermode - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Esports infrastructure provider for gamers, organizers, and game developers. It has hosted competitions for regular gamers to congregate, practice, or compete in esports. It automates tournament infrastructure through game integrations and allows gamers to easily play in competitions, tournaments, and leagues across any device or console while enabling community building and monetization at scale for organizers of all kinds. The platform hosts both free-to-play and Pay-to-play tournaments and supports solo and team matches. The platform supports only the 'League of Legends' and 'Counter-Strike: GO'. Monetary transactions on the platform are enabled by Visa and MasterCard. The platform also offers a real-time chat feature for its gamers.

Website: www.challengermode.com/
Social

Key Metrics

Founded Year

2014

Location

Stockholm, Sweden

Stage

Series A

Total Funding

$14M in 4 rounds

Latest Funding Round

Series A, Aug 26, 2020, $*****

Investors

Electronic World Trade Platform & 10 more

Ranked

9^th among 343 active competitors

Annual Revenue

$1M - $10M as on Mar 31, 2024

Employee Count

34 as on Sep 30, 2026

Similar Companies

MPL & 316 more

View Challengermode's full profile

Challengermode is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Challengermode AB CIN: 556989-7498 , Sweden, Active	Nov 10, 2014	$1M - $10M (As on Mar 31, 2024)	-	-

Challengermode has raised a total funding of $14M over 4 rounds. Its first funding round was on Aug 24, 2015. Its latest funding round was a Series A round on Aug 26, 2020 for $*****. 5 investors participated in its latest round. Challengermode has 9 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Challengermode:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 26, 2020	2560976	Series A	4070904	8340096	6869714	3537252
Feb 24, 2017	8388542	Seed	1938056	9649952	2056261	4182275
Aug 30, 2016	9935838	Seed	9778842	5213728	2869176	9806877

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View details of Challengermode's funding rounds and investors

The founders of Challengermode are Robel Efrem, Philip Skogsberg and Andreas Larsson. Robel Efrem is the CEO of Challengermode.

Here are the details of Challengermode's key team members:

Robel Efrem: Co-Founder & CEO of Challengermode. They serve on the board of 1 company.
Contact Info: 2 email addresses
Philip Skogsberg: Co-Founder & COO of Challengermode.
Contact Info: 1 email address
Andreas Larsson: Co-founder & CTO of Challengermode.

View details of Challengermode's Founder profiles and Board Members

Challengermode's employee count trend

Challengermode has 34 employees as of Sep 26. Here is Challengermode's employee count trend over the years:

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Top competitors of Challengermode include Skillz, MPL and Faceit. Here is the list of Top 10 competitors of Challengermode, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Skillz 2012, Las Vegas (United States), Public	Operator of a platform for competitive mobile games and tournaments	$54.3M	Atlas Venture, Liberty Global & 29 others	73/100
2nd	MPL 2018, Bengaluru (India), Series E	Operator of an online platform providing real money skill-based gaming	$401M	Peak XV Partners, Pegasus Tech Ventures & 73 others	72/100
3rd	Faceit 2012, London (United Kingdom), Acquired	Free-to-play eSports gaming platform	$17M	United Ventures, Index Ventures & 5 others	62/100
4th	MLG 2002, New York City (United States), Acquired	Esports event organizing and broadcasting company	$66.2M	Oak Investment Partners, Ritchie Capital Management ... Read more	57/100
5th	Gankster 2021, Tel Aviv (Israel), Seed	Provider of eSports-based competitive gaming platform	$4.25M	Hetz Ventures, Bessemer Venture Partners & 4 others	53/100
6th	Versus Systems 1988, Los Angeles (United States), Public	Platform offering reward based advertising solution	-	Haywood, Canaccord Genuity Group & 4 others	50/100
7th	Esports World Cup 2023, Riyadh (Saudi Arabia), Unfunded	Online platform offering esports tournaments	-	-	50/100
8th	Community Gaming 2018, New York City (United States), Series A	Online platform offering esports tournaments	$18.6M	SoftBank Group, Open Opportunity Fund & 27 others	47/100
9th	Challengermode 2014, Stockholm (Sweden), Series A	Esports infrastructure provider for gamers, organizers and game developers	$14M	Telia Company, GP Bullhound & 9 others	50/100
10th	Simplicity 2017, Boca Raton (United States), Acquired	Esports platform to compete in different games	$1.24M	TRITON FUNDS, Human Capital Development	45/100