Betr is a sports betting application developed in a direct-to-consumer model. Within the legacy gambling industry, the company aims to disrupt micro-betting in the U.S. and improve outdated models of spectator sports and media investing. Betr was founded by Joey Levy and Jake Paul in 2022 and is headquartered in Miami, FL.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
08/30/2024 | Series A-3 | $30.5MM | $xx.xx | $48.07B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
1,715,139
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
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03/06/2024 | Series A-2 | $50.7MM | $xx.xx | $37.51B | 10x Capital, Aliya Capital Partners, Anti Fund, Eberg Capital, Finsight Ventures, Florida Funders, Fuel Venture Capital, Harmony Partners, Ia Sports Ventures, Joey Levy | |
Price per Share
$xx.xx
Shares Outstanding
3,515,794
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
10x Capital, Aliya Capital Partners, Anti Fund, Eberg Capital, Finsight Ventures, Florida Funders, Fuel Venture Capital, Harmony Partners, Ia Sports Ventures, Joey Levy
|
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08/08/2022 | Series A-SAFE | $2.55MM | $xx.xx | $24.96B | 305 Ventures, 8vc, Aliya Capital Partners, Anti Fund, Desean Jackson, Dez Bryant, Ezekiel Elliott, Finsight Ventures, Florida Funders, Fuel Venture Capital, Magic City Casino, Palm Tree Crew, Richard Sherman, Simplebet, Stonarch Group, Travis Scott | |
Price per Share
$xx.xx
Shares Outstanding
537,407
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
305 Ventures, 8vc, Aliya Capital Partners, Anti Fund, Desean Jackson, Dez Bryant, Ezekiel Elliott, Finsight Ventures, Florida Funders, Fuel Venture Capital, Magic City Casino, Palm Tree Crew, Richard Sherman, Simplebet, Stonarch Group, Travis Scott
|
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08/08/2022 | Series A | $32.51MM | $xx.xx | $24.96B | 305 Ventures, 8vc, Aliya Capital Partners, Anti Fund, Desean Jackson, Dez Bryant, Ezekiel Elliott, Finsight Ventures, Florida Funders, Fuel Venture Capital, Magic City Casino, Palm Tree Crew, Richard Sherman, Simplebet, Stonarch Group, Travis Scott | |
Price per Share
$xx.xx
Shares Outstanding
5,427,310
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
305 Ventures, 8vc, Aliya Capital Partners, Anti Fund, Desean Jackson, Dez Bryant, Ezekiel Elliott, Finsight Ventures, Florida Funders, Fuel Venture Capital, Magic City Casino, Palm Tree Crew, Richard Sherman, Simplebet, Stonarch Group, Travis Scott
|
||||||
08/08/2022 | Series A-1 | $26.52MM | $xx.xx | $24.96B | 305 Ventures, 8vc, Aliya Capital Partners, Anti Fund, Desean Jackson, Dez Bryant, Ezekiel Elliott, Finsight Ventures, Florida Funders, Fuel Venture Capital, Magic City Casino, Palm Tree Crew, Richard Sherman, Simplebet, Stonarch Group, Travis Scott | |
Price per Share
$xx.xx
Shares Outstanding
2,600,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
305 Ventures, 8vc, Aliya Capital Partners, Anti Fund, Desean Jackson, Dez Bryant, Ezekiel Elliott, Finsight Ventures, Florida Funders, Fuel Venture Capital, Magic City Casino, Palm Tree Crew, Richard Sherman, Simplebet, Stonarch Group, Travis Scott
|