Wilson Sonsini - ECP

insight detail

Wilson Sonsini Advises Metafy on $5.5 Million in Additional Funding for Seed Rounds

  • 05/11/21
  • Client Highlights
  • Electronic Gaming
  • Internet
  • Digital Media and Entertainment

On May 6, 2021, Metafy, a start-up building a marketplace to match gamers with instructors, announced that it closed an additional $5.5 million to its $3.15 million seed round. Forerunner Ventures led the round along with DCM and Seven Seven Six. According to Metafy CEO Josh Fabian, the company has grown from incorporation to gross merchandise volume (GMV) of $76,000 in around nine months. Last year, the start-up had its first seed round led by Forerunner Ventures, raising $3.5 million. The participants were Tekton Ventures, M25, Naval Ravikant (founder of AngelList), Matt Cooper (CEO of SkillShare), and Nick Candito.

A Wilson Sonsini Goodrich & Rosati team including Seth Helfgott, Travis Scheft, and Leslie Stolper represented Metafy in the recent transaction.

For more information, please see a TechCrunch article covering the fundraise.

ECP Attorneys:

Copyright © 2023 Wilson Sonsini Goodrich & Rosati. All Rights Reserved.

We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content. For more information or to opt-out, visit our privacy policy.