EQL Games

Louisville, KY · Founded 2010 · Privately Held (backing)

Developer of lottery games based on live sports designed to attract sports fans who prefer games of chance. EQL Games is based in Louisville, KY and was founded in 2010. It was valued at $133 million at its later-stage round in Apr 2025, the last priced event on record. It has raised $10 million across 3 recorded rounds; the latest was a $1.1 million seed round in Oct 2024.

PMV mark · valuation
$133.0M
Oct 2026
Priced at
its later-stage round
Apr 2025
Total raised
$10.0M
Last round
Seed Round
Oct 2024

EQL Games key facts

as of Oct 2026
  • Developer of lottery games based on live sports designed to attract sports fans who prefer games of chance.
  • EQL Games is valued at approximately $133.0M as of Oct 2026, set at its later-stage round, Apr 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $10.0M across 3 recorded rounds; the latest was Seed Round ($1.1M) in Oct 2024.
  • Notable investors include Keyhorse Capital, Bullpen Capital, Parlay Capital Holdings (New York), Venture First.
  • EQL Games has filed 3 Form Ds with the SEC since 2024, most recently Apr 2025 ($1.1M sold to 14 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$133.0M

Valued at $133.0M at its later-stage round, Apr 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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EQL Games funding rounds

3 rounds
Oct 2024Seed Round$1.1MSEC filing▮
Mar 2024Seed Round$3.1MSEC filing▮
Mar 2024Seed Round$450KSEC filing▮

EQL Games valuation

EQL Games was valued at $133 million at its later-stage round in Apr 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has EQL Games raised?

EQL Games has raised $10 million in total; 3 of its rounds are on record, from 2024 on. The largest on record was a $450,000 seed round in Mar 2024; the most recent was a $1.1 million seed round in Oct 2024.

EQL Games has filed 3 Form Ds with the SEC since 2024, most recently in Apr 2025 ($1.1 million sold to 14 investors).

EQL Games investors

4 investors are on record for EQL Games, including Keyhorse Capital, Bullpen Capital, Parlay Capital Holdings (New York) and Venture First. The seed round in Oct 2024 drew 14 investors.

About EQL Games

Developer of lottery games based on live sports designed to attract sports fans who prefer games of chance. The company's platform offers live sporting events such as baseball, basketball, football, golf, hockey, auto racing, and horse racing, including a central gaming system and provides a customizable secondary draw game system, enabling lottery players and horseplayers to compete in the same pari-mutuel pools on live horse races and enhance the experience.

Sector
Information Technology
HQ
Louisville, KY, United States
Founded
2010
Employees
19
Ownership
Privately Held (backing)

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