• Saudi Arabia-based sportstech ElGoat has raised $266,000 in a seed round via Trigon, reaching a valuation of $2.66 million.
• Founded in 2026 by Mohammed Almunajem, the platform offers a skill-based football prediction experience.
• The funding will support product development, user growth, and regional expansion, as the startup targets the growing sports gaming market in MENA.

Press release:

Saudi sports gaming startup ElGoat has announced the close of a $266,000 Seed funding round via Trigon, reaching a valuation of $2.66 million.

Founded in March 2026 by Mohammed Almunajem, ElGoat introduces a knowledge-based football prediction platform designed to transform how fans engage with the sport beyond passive viewing.

Positioned as a free-to-play alternative to betting platforms, ElGoat allows users to predict match outcomes, exact scores, and goal scorers, earning points based on accuracy and competing on global leaderboards or within private leagues.

The platform covers major football competitions, including the English Premier League and Saudi Roshn League, with a scoring system that rewards both basic and advanced football knowledge.

ElGoat enters the market at a time of growing demand for interactive sports experiences across the Middle East, driven by a young, mobile-first population and increasing appetite for digital engagement.

The newly raised funding will support product development, user acquisition, and expansion into new markets, as the company aims to establish itself within the evolving sports gaming ecosystem.