Triumph, a San Francisco-based company offering a plug-and-play solution to game developers for monetizing through skill-based real money tournaments, has raised a total of $14.1 million in funding. The Series A round, which contributed $10.2 million, was led by General Catalyst and saw participation from Heroic Ventures, Hanover Technology Investment Management, SteelPerlot, RavenOne, Box Group, Great Oaks, NOMO, Strike, and Valhalla Ventures. Flux Capital’s Ari Stiegler led the prior seed round.
The funds will be utilized to expand Triumph’s offerings beyond mobile gaming and to introduce innovative real money experiences. Founders Jacob Brooks and Jared Geller have developed a compliance and payments engine that makes skill-based real money tournaments a practical monetization method for game developers. Triumph’s system manages KYC, payment processing, gaming law and privacy compliance, anti-fraud, accounting, and player skill matchmaking, ensuring full legal compliance while protecting developers from the intricacies of real money offerings.
Triumph currently operates in 37 states and Washington D.C., with plans to expand to more jurisdictions as the legal landscape continues to evolve. To support its growth, the company has made strategic hires, including Jamin Horn as General Counsel, Bennie Huang as Head of Engineering, and Bruce Yang as Head of Product.