Limited Time Offer
Get $1000 towards your
first investment
Start investing in private markets with Linqto – your access to disruptive startups and pre-IPO companies.
*Terms and conditions apply. See details
Sorare, founded in 2018 and based in Saint Mande, France, is a pioneering company at the intersection of digital collectibles and fantasy sports. The platform allows users to collect, play, and win with officially licensed digital cards featuring professional athletes from football, the NBA, and MLB. Sorare has quickly gained traction in the gaming and sports industry, attracting both sports enthusiasts and gamers alike.
Since its inception, Sorare has demonstrated impressive growth and financial backing. The company has raised a total of $737.14 million across multiple funding rounds, with its most recent Series B round in September 2021 valuing the company at $4.3 billion. This substantial valuation and the involvement of high-profile investors, including SoftBank Latin America Fund, Accel, and Benchmark, underscore the market's confidence in Sorare's business model and growth potential.
As of now, there are no official announcements or confirmed plans regarding a Sorare IPO. The company's focus appears to be on expanding its platform and user base rather than pursuing a public offering. However, given Sorare's rapid growth and significant funding, it's natural that there may be speculation about its future plans in the investment community.
Several factors could influence Sorare's decision regarding a potential IPO. These include market conditions in the tech and gaming sectors, the company's financial performance, and its long-term strategic goals. Additionally, the evolving regulatory landscape for cryptocurrency and blockchain-based platforms could play a role in any future decisions about going public.
Investors interested in the digital collectibles and fantasy sports space should keep an eye on Sorare's developments, as the company continues to innovate and expand its offerings in this rapidly growing market.
Get $1000 towards your
first investment
*Terms and conditions apply. See details
While Sorare's IPO prospects remain uncertain, investors eager to gain exposure to the innovative sports NFT and fantasy football platform don't have to wait. At Linqto, we offer members access to interests in pre-IPO private companies like Sorare, potentially allowing you to benefit from their growth before they go public. Our platform provides opportunities to invest in promising companies in the blockchain and sports technology sectors, with lower minimum investments than traditional private equity opportunities.
*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.
