CVC Capital Partners announced a fresh injection into Chess.com through its Fund IX, joining existing investor General Atlantic. Managing partner Nick Clarry said the firm will act as “custodian” for the game, leveraging a 25‑year track record in sports, video games and live events. The partnership arrives as the platform approaches its third decade of growth in the market.

Chess.com now boasts over 250 million registered members and 10 million daily active users, operating with a fully remote staff of 650. Its surge follows cultural hits like The Queen’s Gambit and a vibrant creator community in the United States that turned social media buzz into new players. CVC sees an opportunity to expand media rights, sponsorship and live‑event offerings to broaden the game’s appeal.

General Atlantic, backing Chess.com since 2022, views the new investment as a continuation rather than an exit. Managing director Tanzeen Syed noted the firm’s conviction has deepened over four years, citing room to deliver creative experiences worldwide. Founder‑CEO Erik Allebest welcomed both investors, saying the capital will help sustain trust among billions of global chess fans for future growth.