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Scorefam
AI-powered sports gaming and prediction platform
About Scorefam
Scorefam, founded in 2020 by CEO Simisoluwa Adeyemo and COO Babasola Sofowora, operates a blockchain-based sports gaming platform. The company is designed for sports enthusiasts to stake on events, particularly football, using its native cryptocurrency, the Scorefam Token ($SFT). Scorefam aims to merge the worlds of cryptocurrency and sports by offering a platform for event prediction and fan engagement.
The business model centers on its decentralized sports staking platform, which provides users with various risk-profiled gaming options. These include "Locked Gaming," a no-loss model where a user's stake is treated as an investment with a potential weekly yield; "Flexible Gaming," which offers a balance of risk and reward with a partial return on lost stakes; and "Multiflex Gaming," which allows for betting with various cryptocurrencies. Revenue is generated through transaction fees, such as a 1% charge on withdrawals from the Locked Gaming feature, and from a percentage of lost stakes in other gaming modes. The platform's ecosystem also includes a fantasy sports league and an NFT marketplace for digital player cards, all powered by the $SFT token.
In July 2022, Scorefam secured a $25 million capital commitment from the Bahamas-based investment firm, Global Emerging Markets (GEM), to fund expansion and feature development. The company holds a gaming license from the Government of Curacao and initially focused on football, with plans to expand into other sports. A UK entity, Scorefam UK Limited, was incorporated in April 2024.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Lagos, Nigeria
- Employees
- 6
- Open positions
- None listed
- Dealroom signal
- 61.0/100
- Industry
- Gaming
- Sub-industry
- eSports, Betting & Gambling
- Sector
- Consumer Services, NFT, Decentralised Applications, Hard Tech
- Technology
- Blockchain, Mobile app
- Business model
- SaaS
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Jul 2022 | $25M | $100M | Global Emerging Markets | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Scorefam is 260 monthly website visits, up 52.9% over the last three months. Scorefam's team declined 33.3% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
Global Emerging Markets
Other known investors1 additional known investor
The LAO
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Scorefam on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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