Skillz has raised $54.3 million across several rounds, beginning with a $5.5 million Series A in 2013, followed by a $15.1 million Series B in 2015, and multiple debt rounds totaling over $42 million between 2015 and 2019. The company expanded further with a $16.4M Series C (2017), $23.2M Series D (2018), and another $25M Series D in 2019 led by WestCap. Post-IPO, Skillz secured a significant $159M equity raise in 2020 from Fidelity, Wellington, and Neuberger Berman. These rounds brought its total funding to $54.3M pre-IPO, strengthening its mobile eSports platform.