Eloelo Secures $22M in Pre-Series B Led by Courtside Ventures & Griffin Gaming

Eloelo Secures $22M in Pre-Series B Led by Courtside Ventures & Griffin Gaming

Burgeon Law Acts on Live Social Entertainment Platform 'Eloelo' in Raising $22 Mn in Its Pre-Series B Round Led by Courtside Ventures & Griffin Gaming Partners, Along with the Participation of WaterBridge Ventures, Lumikai Fund etc.

The company shall utilize the funds to onboard and partner with creators and develop cutting-edge tools such as AR filters, AI-based moderation, and analytics for them to improve the engagement and watch time of these creators’ content, making live streaming more fun and gamified. The startup also aims to attract a pool of tech and product talent teams and strengthen revenue generation initiatives.

Burgeon Law advised Lumikai Fund in this deal.

Ankit Bhasin (Associate Partner) and Aastha Agarwalla (Associate) worked on this deal.

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