LockerDome Eyes $25-$50 Million For Next Funding Round

Photo courtesy of Creative Commons
Photo courtesy of Creative Commons

LockerDome, the St. Louis-based startup that runs a sports social media site by the same name, could seek as much as $25 to $50 million the next time it raises capital, LockerDome director Brian Matthews said.

Mathews said efforts to raise another round of funding would begin later this year or early next year and that the capital would be used to hire “a lot of people.”

LockerDome has raised more than $8 million since Gabe Lozano founded the company in 2010. Most recently, LockerDome raised a $6 million series A round in March, one of the largest raises by a St. Louis tech company in years.

Read more from the St. Louis Business Journal

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