HomeFundingEsports and video game job platform Hitmarker raised €568K via equity crowdfunding...

Esports and video game job platform Hitmarker raised €568K via equity crowdfunding to accelerate its expansion

For the second consecutive year, esports and video game job platform Hitmarker has smashed its equity crowdfunding target within seven days of going public. In its latest Crowdcube campaign, which closed today, the company raised about €568K at 2.5x its November 2019 valuation.

487 investors from 50 countries in 6 different continents came together to get Hitmarker to this amount so quickly, with the company’s Crowdcube pitch page averaging one investment every 55 minutes it was live. The largest single investment of €272K came from a prominent but yet undiscloded figure from the esports and video game industry.

Founded in 2018 and based in Newcastle upon Tyne, Hitmarker is the home of gaming and esports jobs and now the world’s largest video game industry job platform. In 2021, Hitmarker will bring its service to new markets, starting with Brazil and Spain, through the creation of fully localised versions of its platform. Hitmarker will then set its eyes on the Asia-Pacific region.

Hitmarker founder Philip Huggan stated: “Hitmarker started as a passion project to fill a clear need for a job portal dedicated to the esports industry. That we now have 12,000+ live jobs, a constantly-growing user base, and the expertise required to bring our product to new territories is a testament to our team, who works relentlessly to make Hitmarker the best it can be. We have lots of goals that this capital will help us realise. Not only are we going to roll out new platforms dedicated to specific regions, there are also a plethora of new features coming. We’re all excited to grow our team, improve our product, and continue bringing value to the esports and video game community.”

Hitmarker will begin hiring for new members of staff early in the new year. The company is looking for a business development specialist, a designer/editor, a coordinator for its upcoming Japanese service, and two new developers to power its expansion. Details of these openings will be clearly visible on the Hitmarker platform in January.

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Thomas Ohr
Thomas Ohr
Thomas Ohr is the "Editor in Chief" of EU-Startups.com and started the blog in October 2010. He is excited about Europe's future, passionate about new business ideas and lives in Barcelona (Spain).

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