Metafy’s $5.5 Million in Additional Funding for Seed Rounds

Wilson Sonsini Goodrich & Rosati advised Metafy on the deal.

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 (Picture), Travis Scheft, and Leslie Stolper represented Metafy in the recent transaction.

 

Involved fees earner: Seth Helfgott – Wilson Sonsini Goodrich & Rosati; Travis Scheft – Wilson Sonsini Goodrich & Rosati; Leslie Stolper – Wilson Sonsini Goodrich & Rosati;

Law Firms: Wilson Sonsini Goodrich & Rosati;

Clients: Metafy, Inc.;

Author: Martina Bellini