Sorare: The latest figures, news and market research on Sorare

Turnover: 100 million USD (2021)

Country: France

Sorare is a start-up launched in March 2019 by two entrepreneurs, Nicolas Julia and Adrien Montfort, who, having seen the potential of Ethereum blockchain technology, have created a new category in the soccer games industry.
The concept draws parallels with Panini card collections, with the addition of a "Mon Petit Gazon" or "Fantasy Premier League"-style gaming dimension (i.e. team management and in-game incoporation of players' actual performances).
The start-up has announced that its 2021 sales are set to reach $100 million, with a target of $1 billion within 3 years.
Sorare's development is also underpinned by partnerships with clubs, of which there are currently 180, as well as leagues such as La Liga.
The app's 600,000 users have exchanged $150,000 in assets since January 2021.
It is valued at $4.3 billion two years after its creation in 2019.

games: mini-revolution at Sorare, which will accept euro payments 01/08/2023

Sorare is offering a new feature that lets you pay in traditional currencies such as euros, dollars and pounds sterling.
This feature is the result of an association with fintech Mangopay.
Users can still opt to pay in cryptocurrency, specifically ether in the case of Sorare.
Sorare was founded in 2018.
Sorare currently has around 5 million users.

Sorare déploie une nouvelle offre pour convaincre le régulateur des jeux d'argent 30/05/2023

Sorare officiates a historic lift and becomes the most expensive French start-up in the sector. 21/09/2021

Fantasy soccer and NFT game now valued at $4.3 billion
This makes Sorare the most highly valued unicorn in France
The platform boasts over 180,000 users
Sorare raises a historic half-billion euros ($680 million)
Players on the Sorare platform acquire cards bearing the likenesses of soccer players, available in limited quantities, to form a team of five players
This mega-deal takes Sorare into the unicorn club, and through the front door
The startup hopes to take advantage of this financial operation to enrich the experience offered to players in its fantasy soccer epic, starting with the development of a mobile application
The company aims to recruit around 150 people over the coming months, and has hired Lyft's HR manager

Other companies mentioned: