Firy Inc.

Skillz was founded in 2012 by Andrew Paradise and Casey Chafkin in Boston, though the company's headquarters is now located in Las Vegas.

Through different rounds of funding, Skillz has raised $53 million from venture capitalists including Liberty Global, Telstra, Accomplice, Wildcat Capital, as well as the owners of the New England Patriots, Milwaukee Bucks, New York Mets, and Sacramento Kings.

In 2016, the company launched bracketed tournaments on the platform.

In December 2017, Skillz hired its one hundredth full-time employee. As of September 2017, 33% of Skillz's engineering team were women.

In April 2018, Skillz doubled its revenue run-rate to $200 million in nine months, with more than one million tournaments per day. At the same year in September, the revenue rate grew to $400 million.

In 2019, the company held a contest for mobile esports games developers with $25,000-prize for the winner to traffic to the game, with launch and optimization services provided by Skillz business and game design experts.

In February 2021, Skillz and the NFL partnered to develop a new NFL-themed mobile game.

In August 2021, the company partnered with multiplayer tech company Exit Games with permanent access to the company's technology, and invested $50 million for a minority stake in Exit Games.

Software

The Skillz platform integrates into mobile games to provide esports-related features. Skillz facilitates matching players with one another based on their skill levels. Players can also record or stream their games via the platform. Skillz currently has 30 million users registered on the platform, around 14,000 developer partners. On a daily basis, Skillz runs two million tournaments per day for games such as Solitaire Cube, Bubble Shooter, and Dominoes. Skillz has hosted over 800 million tournaments. Of its users, roughly half are men and half are women.

Games

There are over 800 games of various genres games that have the Skillz multiplayer platform integrated onto them. Tether Studios is one such developer of Skillz games, which uses the Skillz platform to add a cash-rewarded competition element to their Solitaire Cube game, leading to increased player retention. Another game studio on the Skillz platform is Big Run, with games such as Big Cooking and Blackout Bingo.

In August 2020, Skillz and Flying Eagle Acquisition Corp., a publicly traded special purpose acquisition company, merged a business combination that resulted in Skillz becoming a publicly listed company.

In June 2021, Skillz acquired Aarki, a technology-driven marketing platform, for $150 million to create an integrated esports advertising platform. Aarki's demand-side platform was reaching 465 million monthly active users before being acquired by Skillz.

In January 2026, Skillz acquired Beamable, a backend services platform for games.

Exit Games

In August 2021, Skillz acquired a minority stake in Exit Games for $50 million.