Envy Gaming raises $40 million investment led by TV company Gray Television Envy GamingEsports organization Envy Gaming, parent to teams including Dallas Empire, Dallas Fuel and Team Envy, has raised $40 million in a new round of investment, with the bulk from TV company Gray Television. Alongside their leading $28.5 million investment, Gray Television will name two directors to Envy Gaming\u2019s board of directors. Envy Gaming not only fields esports teams in Call of Duty, Overwatch, Rocket League, Valorant, Halo and more, but also has a roster of streamers and content creators. This new funding comes after a year of expansion for Envy, signing numerous new content creators, including the Botez twins, and Warzone personalities BobbyPoff and Sebas Beron. Dallas-based rapper Post Malone joined as a co-owner in August 2020. Gray Television is described as \u201cone of the largest owners of television stations in the U.S., reaching approximately 24% of U.S. television households.\u201d \u201cWe\u2019re excited to lead this investment in Envy Gaming, an organization known for breaking ground and pushing the limits of what the future holds for gaming and entertainment,\u201d said Hilton H. Howell, Jr., Gray\u2019s Executive Chairman and CEO. Envy\u2018s CEO Adam Rymer said, \u201cEsports and gaming is the fastest-growing area across all of media and entertainment. \u201cBuilding global communities through content and engagement, similar to what the world has seen in the music, film and TV industries, is an endeavor we\u2019re incredibly excited to work on with Gray as our partner.\u201d Mike \u2018Hastr0\u2019 Rufial, founder and Chief Gaming Officer at Envy, said: \u201cFrom the first time we talked to Gray, it became evident to me that our leadership team and winning culture at Envy had found a perfect partner to help continue our great success.\u201d The ownership group of Envy also includes Ken Hersh, minority owner of the Texas Rangers, and additional partners include \u201cprominent Texas families and select national investors.\u201d Envy also launched a membership program for their most dedicated fans in November, with perks including exclusive merchandise, team news, giveaways.<\/p>\n","protected":false},"excerpt":{"rendered":"
Envy Gaming raises $40 million investment led by TV company Gray Television Envy GamingEsports organization Envy Gaming, parent to teams including Dallas Empire, Dallas Fuel and Team Envy, has raised $40 million in a new round of investment, with the bulk from TV company Gray Television. Alongside their leading $28.5 million investment, Gray Television will […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21839","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/21839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=21839"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/21839\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=21839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=21839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=21839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}