The ESL esports finals for Counter-Strike: Global Offensive in Katowice, Poland, in 2017.

Who is investing in esports startups?

As I’ve written about before in The Birth of a Venture Capital Investment Thesis and Why Invest in Esports, the esports market is huge, has intense user engagement and is growing at an astronomical rate. There is great potential for incredible founders, with excellent ideas,to build businesses that generate outsized returns for early stage investors in the space.

So, who exactly, is investing in esports startups? As I worked to answer this question, by compiling a list of investors, I was surprised at some of the results.

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