PortalOne is a technology company.
PortalOne has raised $75.5M across 3 funding rounds.
PortalOne has raised $75.5M in total across 3 funding rounds.
PortalOne has raised $75.5M in total across 3 funding rounds.
PortalOne's investors include 305 Ventures, Abstract Ventures, Accel, Arrive, Benchmark, Bling Capital, Calibrate Ventures, Guy Vidra, Craft Ventures, Curie.Bio, DST Global, Jenny Fielding.
PortalOne is a technology company founded in 2018 that builds the world's first hybrid games platform, blending traditional mobile games with live shows embedded directly inside the games for enhanced interactivity and prize competitions.[1][2][4][5] It serves mobile gamers and entertainment consumers seeking engaging, rewarding experiences, solving the problem of fragmented playtime by combining gaming, daily tournaments, live broadcasts with celebrities, and real-world prizes in a single mobile-first destination.[1][4][5] With $75M raised (including a $60M Series A led by Tiger Global), 11-50 employees, and operations in the US (headquartered in California) and Norway, PortalOne exhibits strong growth momentum in the gaming sector, positioning itself as Netflix for hybrid games.[1][2][3][4]
PortalOne was founded in 2018 by Bård Anders Kasin and Stig Olav Kasin, who brought expertise from pioneering #1 hits in games, film, and TV industries.[1][3][5] The idea emerged from converging the strengths of gaming and TV to create hybrid games—a new entertainment category mixing immersive gameplay with live shows for stunning visuals and real-world rewards.[1][4][5] Early traction came from global financial backing, a seed stage launch, and rapid evolution to Series A funding, enabling a US-based operation with a Norwegian subsidiary and development using Unreal Engine.[1][2][3]
PortalOne rides the trend of gamified entertainment and metaverse-like immersion, merging gaming's interactivity with TV's live spectacle amid rising demand for social, prize-driven mobile experiences.[2][4] Timing aligns with post-2020 shifts to hybrid digital content, fueled by market forces like mobile gaming's dominance (projected multi-billion scale) and investor appetite for entertainment-tech crossovers, as seen in Nordic peers like Mainframe Industries.[2] It influences the ecosystem by pioneering hybrid games, enabling developers to build next-gen titles and challenging incumbents like Triumph Labs in monetization via real-money tournaments, while fostering global partnerships.[2][5]
PortalOne is poised to scale as the definitive hybrid games hub, leveraging its funding for platform expansion, more live events, and developer tools to capture daily user habits.[2][3][4] Trends like AI-enhanced interactivity, Web3 prizes, and AR/VR integration will shape its path, amplifying influence in a converging games-TV market.[2][5] As mobile entertainment evolves, expect PortalOne to redefine playtime value, transforming casual gamers into daily prize hunters and solidifying its lead in this nascent category.
PortalOne has raised $75.5M across 3 funding rounds. Most recently, it raised $60.0M Series A in January 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2022 | $60.0M Series A | 305 Ventures, Abstract Ventures, Accel, Arrive, Benchmark, Bling Capital, Calibrate Ventures, Guy Vidra, Craft Ventures, Curie.Bio, DST Global, Jenny Fielding, Scott Hartley, FinTech Collective, Floodgate, Founders Fund, Great Oaks Venture Capital, Greylock, Jett Fein, Inspired Capital, Khosla Ventures, LGF, Long Journey Ventures, Mayfield, Hans Tung, Oak HC/FT, Openspace Ventures, Operator Partners, Operator Ventures, Redpoint Ventures, Ribbit Capital, Sequoia Capital, Signia Venture Partners, Smash Capital, SNR, Square Peg Capital, Streamlined Ventures, Talis Capital, Techstars, Thrive Capital, Tiger Global Management, Top Tier Capital Partners, TQ Ventures, Tribe Capital, Trust Fund, Volition Capital, Y Combinator, Aaron Rankin (Sprout Social), Adrian Aoun, Aleksander Leonard Larsen, Amadeo Brenninkmeijer, Baron Davis, Bradley Horowitz, Cato Sælid, Daniela Binatti, Eugene Wei, Gautam Gupta, George Morrison, Hannah Bronfman, Jannick Malling, Jim Lanzone, Julius Genachowski, Justin Mateen, Kevin Lin, Leif Abraham, Louis Beryl, Mato Peric, Samvit Ramadurgam, Scott Banister, Sergio Jimenez, Sohail Prasad, Steve Chen, Sujata Bhatia, Wayne Chang, Xen Lategan | |
| Apr 1, 2021 | $15.0M Seed | 305 Ventures, Andreessen Horowitz, Arrive, Benchmark, Bling Capital, Curie.Bio, DST Global, Jenny Fielding, Scott Hartley, FinTech Collective, Founders Fund, General Catalyst, Goodwater Capital, Great Oaks Venture Capital, Helium-3 Ventures, Khosla Ventures, LGF, Long Journey Ventures, Mayfield, Hans Tung, Oak HC/FT, Operator Partners, Pareto Holdings, Ribbit Capital, Sequoia Capital, Signia Venture Partners, Slow Ventures, SNR, Streamlined Ventures, Talis Capital, Thrive Capital, Tiger Global Management, TQ Ventures, Tribe Capital, Volition Capital, Adrian Aoun, Aleksander Leonard Larsen, Cato Sælid, Charlie Songhurst, Hannah Bronfman, Heidi Zak, Jeremy Yap, Julius Genachowski, Justin Mateen, Kevin Lin, Louis Beryl, Mato Peric, Matt Bellamy, Samvit Ramadurgam, Sohail Prasad, Steve Chen, Tony Xu, William Tunstall-Pedoe, Xen Lategan | |
| Jul 1, 2018 | $500K Seed |