Metafy Raises Additional $5.5 Million

Metafy, a distributed startup building a marketplace to match gamers with instructors, announced that it has closed an additional $5.5 million to its $3.15 million seed round. Forerunner Ventures, DCM and Seven Seven Six led the round as a trio. Metafy’s model is catching on with its market. According to its CEO Josh Fabian, the company has grown from incorporation to gross merchandise volume (GMV) of $76,000 in around nine months. Metafy is currently a team of 18 with a monthly burn rate of around $80,000. They want to grow to 30 folks, with nearly all of its new hires going into its product org, broadly.