![]() The round was led by IA Sports Ventures and Eberg Capital and also included existing investors. The startup just announced a $35 million Series A2 round with a $300 million pre-money valuation. It also focuses on microbets, so instead of predicting who wins the whole game, users can bet on things like how many free throws Nikola Jokić will get the next time he’s up at the line. What makes Betr stand out, though, is that it’s built its user interface to be more accessible for the casual sports bettor as opposed to someone who spends all day poring over stats. They give the mirage that the market is saturated with no room for startups. Betr, well, wouldn’t bet on that.īetr co-founder and CEO Joey Levy thinks there is still space for companies that bring a new approach and business model to online sports betting. They dominate TV ad slots during sports games and seemingly everywhere else, too. ![]() ![]() If you live in a state where online sports betting is legal, companies like FanDuel, Caesars Sportsbook and DraftKings don’t let you forget it. ![]()
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