Pipeline raises $2M to teach gamers how to stream for a living.
Pipeline, a Texas-based training center, has successful funding round and raises $2 million. The funding came for its business on training people to become content creators and professional streamers.
Pipeline is founded by ex-professional-gamer and former Facebook product leader Stephen “Snoopeh” Ellis in 2019. Ellis was a renowned star player of League of Legends in his peak gaming days.
Ellis is joined by David “StoneMountain64” Steinberg as co-founder who is a successful streamer with more than 700 million views. Pipeline is helping people to learn and grow as professional streamers. It has now more than 3000 paying subscribers and is serving more than 50,000 streamers in total.
Speaking about Pipeline, Ellis said, “We’re building the platform that we wish we had when we started our own content creation journey. We get asked hundreds of times a week about getting started as a content creator or for support at different stages of the journey.” Ellis further added, “We couldn’t help everyone. We wanted to build something that could help not just those asking us but those who are asking other content creators too.”
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Pipeline has now got its hand on two formidable investors that include Scribble (Annelies) and Amasia (Ramanan). Moreover, the participants in the seed round also included creators that amount to a total of 30 million followers; Vikkstar123, SypherPK, NoahJ456, MrRoflWaffles, Voyboy, and zLaner.
There were also angel investors that took part in the seed round; Marc Merrill (cofounder, Riot Games), The Mini Fund led by the founders of Discord, Julie Zhou (CEO Sundial), Ali Moiz (cofounder, Streamlabs and Stonks), and more.
At the moment the company has nine employees and previously it was funded by both founders. The funding round will act as a propellant for Pipe-line and help them further expand.