Founded in 2022 by Joey Levy and Jake Paul, Betr is a leading sports gaming and sports media company focused on enhancing the consumption of sports through entertainment. Betr's gaming products are differentiated through a unique product experience with a simplified user interface that is catered to the casual sports fan, enabling Betr to capture more of the under-penetrated online gaming addressable market. Betr began with a beta version of its Online Sports Betting (OSB) product, which only offered microbetting markets such as the next play in a football game or the next pitch in a baseball game, before launching its real-money Daily Fantasy Sports (DFS) product, Betr Picks, in 24 states. Betr plans on launching its V1 Sportsbook product with full sportsbook capabilities ahead of the 2024 NFL season, as well as its iGaming vertical with the launch of Betr Casino by the end of 2024. Betr's media division, Betr Media, is the fastest growing sports betting media brand in the United States that has grown to over 2.5 million followers, 2.4 billion impressions, and 127 million engagements across its social channels since publicly launching in August 2022. Betr Media is able to effectively reach and engage its audience at scale given its large social following coupled with its unique combination of in-house media talent and production, with an emphasis on original short-form video content. Betr is backed by Fuel Venture Capital, Aliya Capital Partners, Roger Ehrenberg/IA Sports Ventures, Florida Funders, 8vc, Anti Fund, 305 Ventures, and many others.
Location: United States, Florida, Miami
Employees: 51-200
Total raised: $100M
Founded date: 2022
Investors 5
Date | Name | Website |
- | Flucas Ven... | flucasvc.c... |
11.08.2023 | Anti Fund | antifund.v... |
- | Tampa Bay ... | tampabay.v... |
- | Eberg Capi... | ebergcapit... |
10.08.2022 | Blue Slide... | riversidev... |
Funding Rounds 3
Date | Series | Amount | Investors |
06.03.2024 | - | $15M | - |
28.06.2023 | - | $35M | - |
08.08.2022 | Series A | $50M | - |
Mentions in press and media 15
Date | Title | Description | Source |
06.03.2024 | Betr Raises $15M in Equity Funding | Betr, a Miami, FL-based sports gaming and sports media company, closed $15M in strategic equity fina... | finsmes.co... |
26.01.2024 | Clevelanders to watch in 2024 | With a new year comes a new collection of local go-getters worth watching. We're taking a look at No... | axios.com/... |
31.07.2023 | 8+ things to know in #MiamiTech: Big move for Betr, plus new... | Facebook Tweet Pin LinkedIn Email 1 Betr expands into real money fantasy sports betting on way to bu... | refreshmia... |
28.06.2023 | Betr Raises $35M in Series A2 Funding At $300M Pre Money Val... | Betr, a Miami, FL-based sports betting and sports media company, raised $35M Series A2 funding, at a... | finsmes.co... |
27.06.2023 | To improve the sports-betting experience, Betr lands a $35M ... | Facebook Tweet Pin LinkedIn Email By Nancy Dahlberg Don’t bet against this Miami startup. Betr is ou... | refreshmia... |
26.05.2023 | Fuel Venture Capital launches $300M Flagship Fund II | Facebook Tweet Pin LinkedIn Email By Nancy Dahlberg Fuel Venture Capital, the Miami-based firm that ... | refreshmia... |
11.05.2023 | 10+ things to know in #MiamiTech: News from Betr, Blink Char... | Facebook Tweet Pin LinkedIn Email 1 Betr launches in Massachusetts, makes key acquisition This just ... | refreshmia... |
02.05.2023 | 8+ things to know in #MiamiTech: Blink acquisition, plus new... | Facebook Tweet Pin LinkedIn Email 1 Blink Charging acquires Envoy Technologies to electrify car shar... | refreshmia... |
19.04.2023 | The Cavinder Twins Take Content Creation Beyond NIL With New... | Photo by John Lamparski/Getty ImagesGetty Images | forbes.com... |
02.12.2022 | La Casa serves up heaping helping of #MiamiTech’s best | Facebook Tweet Pin LinkedIn Email By Nancy Dahlberg Amid the bustle of Basel, the La Casa event feel... | refreshmia... |
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