Angel investors led the $430,000 pre-Seed funding round for the Saudi Arabian e-gaming startup Rize.gg.
Anmar Alharbi founded Rize.gg in 2022, and its platform offers players all the tools they need for organizing tournaments, team building, and live streaming.
The additional funds will be used by Rize.gg to develop its platform, increase the number of users, and add new features that will improve the gaming experience.
Rize places a strong emphasis on its dedication to empowering players via creative methods of team building and instruction.
The platform uses effective collaboration tools and assessment systems to create an interactive environment that helps players improve their skills and fosters a competitive spirit among them.
Rize.gg’s founder, Anmar Alharbi, was excited about the successful fundraising round. He emphasized the goal of the platform, which is to transform the gaming industry by providing innovative solutions that cater to players’ changing needs.
“The successful completion of our Pre-Seed funding round is a testament to the trust and belief that our angel investors have placed in Rize.gg.
We are excited about the opportunities this funding opens up for us to further develop and enhance our platform,” stated Anmar Alharbi.
The platform offered by Rize.gg sets itself apart by giving players all the tools they need for organizing tournaments, forming teams, and live streaming. Smooth interactions and a simplified user experience are made possible by the API integration with gaming companies.
The company’s strategic focus on skill evaluation and enhancement is intended to foster a vibrant and competitive gaming community. Rize.gg thinks they can help the esports industry grow and develop by providing innovative approaches to team building and training.
The SAR 1.6 million in funding will be essential to realizing the goal of Rize.gg. The company intends to use the money for platform development, user base growth, and the addition of new features that will improve the gaming experience.
Conclusively, the Pre-Seed funding round successfully completed by Rize.gg represents a noteworthy advancement in the company’s endeavour to transform the gaming and esports industry.
By offering cutting-edge solutions and encouraging a competitive spirit among players, Rize.gg is well-positioned to have a long-lasting effect on the gaming community thanks to its clear vision and strong support from angel investors.
