Tier One Entertainment raises funds for Pre-series A with Gobi Partners and Warner Music Group

Gaming and esports entertainment startup Tier One Entertainment raised an undisclosed amount on its recent Pre-series A round of funding.

Spearheading the Pre-series A round is venture capital firm Gobi Partners. Record label giant Warner Music Group also took part in the financing. Octava, a Singapore-based family office, KAYAC Inc, a Japan-based internet company and Atlas Ventures, the early stage investor of Tier One Entertainment rounds up the list of companies that joined the Pre-series A round.

According to e-sports veteran and Tier One Entertainment Founder, Tryke Gutierrez:

“The gaming industry is going through a golden age and this funding will help accelerate our growth by allowing us to replicate our success in other markets. In just a few years of operations, we’ve found a winning formula in esports and gaming by developing a robust business model around top tier content creation and authentic distribution. We firmly believe that we are an Asian behemoth in the making and now that we have more support from established venture capital firms around the globe, Tier One Entertainment is now poised for explosive growth.”

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Renowned cosplayer Alodia Gosiengfiao, the Co-founder of Tier One Entertainment also stated:

“We have come a long way since our first business meeting at my home in 2017. With the growth of mobile gaming, streaming and esports as an avenue for youth entertainment, we came up with the foresight to develop and house these talents by building our very own YG Entertainment of gaming. We are truly grateful for our new backers for believing in our vision that we can take this company to the next level.”

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