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Home»Ecosystems»GCC»Saudi Sports Gaming Startup ElGoat Raises $266K Seed at $2.66M Valuation
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Saudi Sports Gaming Startup ElGoat Raises $266K Seed at $2.66M Valuation

Editorial BoardBy Editorial BoardApril 9, 2026No Comments1 Min Read
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Saudi-based sports gaming startup ElGoat has secured $266,000 in seed funding via Trigon, reaching a valuation of $2.66 million, as it looks to redefine how football fans engage with the game.

Founded in March 2026 by Mohammed Almunajem, ElGoat is building a knowledge-based football prediction platform that shifts fan interaction from passive viewing to competitive participation.

Unlike traditional betting platforms, ElGoat operates on a free-to-play model, allowing users to predict match outcomes, exact scores, and goal scorers. Players earn points based on accuracy and compete across global leaderboards or private leagues, creating a more skill-driven and socially engaging experience.

The platform currently covers major competitions, including the English Premier League and the Saudi Roshn League, with a scoring system designed to reward both casual predictions and deeper football insight.

ElGoat is entering the market at a time when interactive sports experiences are rapidly gaining traction across the Middle East, fuelled by a young, mobile-first population and rising demand for digital engagement beyond traditional media.

The newly raised capital will be used to enhance product development, scale user acquisition, and expand into new markets, positioning ElGoat within the region’s growing sports gaming ecosystem.

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