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Home Business

ElGoat App Secures $266K Seed Funding at $2.66M Valuation

by Covenant Aladenola
April 9, 2026
in Business, Investment Funding
Reading Time: 1 min read
ElGoat app funding

ElGoat, a newly launched football prediction gaming app, has successfully closed a $266,000 Seed funding round via Trigon. The investment places the startup at a $2.66 million valuation and will fuel its expansion within the MENA digital sports gaming sector.

Founded in late March 2026 by Mohammed Almunajem, former president of Al Shabab Club, ElGoat is designed to offer football fans an interactive, knowledge-based prediction experience.

Game Mechanics and Features

The app provides a strictly free-to-play platform where users can test their football expertise. There is no betting or cash prizes involved. Players can predict outcomes for up to three matches per round across major competitions, including the English Premier League and the Saudi Roshn League.

The platform utilizes a structured point system:

  • 5 points for correctly predicting the winning team.

  • 10 points for accurately selecting a goal scorer.

  • 25 points for predicting the exact match score.

Currently available in both Arabic and English, ElGoat allows users to track their performance on global leaderboards or create private leagues to compete directly with friends.

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Covenant Aladenola

Covenant Aladenola

Covenant Aladenola contributes technology reporting and analysis to Techsoma Middle East.

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