BetBright

Dublin, Ireland Founded: 2013 • Age: 13 yrs Acquired By 888 Holdings
Betting and gambling services are provided via an online platform.
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About BetBright

BetBright is a company based in Dublin (Ireland) founded in 2013 was acquired by 888 Holdings in March 2019.. BetBright has raised $9 million across 1 funding round from investors including 888 Holdings and Rich Ricci. BetBright offers products and services including Sports Betting Platform, Mobile Betting App, and Betting Calculator. BetBright operates in a competitive market with competitors including Betfair Group, Flutter Entertainment, Superbet, Evolution Robotics and FDJ, among others.

  • Headquarter Dublin, Ireland
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name 888 Uk Limited
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $9 M (USD)

    in 1 rounds

  • Latest Funding Round
    $9 M (USD), Series A

    Jun 01, 2016

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    888 Holdings

    (Mar 04, 2019)

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Products & Services of BetBright

BetBright offers a comprehensive portfolio of products and services, including Sports Betting Platform, Mobile Betting App, and Betting Calculator. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for wagering on sports events with real-time odds.

App for convenient in-play betting on various sports anytime.

Tool to calculate potential profits from sports wagers quickly.

Funding Insights of BetBright

BetBright has successfully raised a total of $9M through 1 strategic funding round. The most recent funding activity was a Series A round of $9 million completed in June 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series A — $9.0M
  • First Round

    (01 Jun 2016)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2016 Amount Series A - BetBright Valuation Rich Ricci
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in BetBright

BetBright has secured backing from 2 investors, including angel investors. Prominent investors backing the company include 888 Holdings and Rich Ricci. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Angel
Investor Description Founded Year Domain Location

Rich Ricci

-
Founded Year Domain Location
Online gambling platform offering multi-category casino and gambling games
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by BetBright

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - BetBright

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Betbright Comparisons

Employees
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Competitors of BetBright

BetBright operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Betfair Group, Flutter Entertainment, Superbet, Evolution Robotics and FDJ, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Online sports betting exchange services are operated internationally.
domain founded_year HQ Location
Gambling services are provided via sports betting and online platforms.
domain founded_year HQ Location
Online gambling platform
domain founded_year HQ Location
Robotics solutions and intelligent products are provided by Evolution Robotics.
domain founded_year HQ Location
FDJ is operated as a leading lottery and gambling provider in France.
domain founded_year HQ Location
A leading betting and gaming company with global operations.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Betbright

Frequently Asked Questions about BetBright

When was BetBright founded?

BetBright was founded in 2013 and raised its 1st funding round 3 years after it was founded.

Where is BetBright located?

BetBright is headquartered in Dublin, Ireland.

Is BetBright a funded company?

BetBright is a funded company, having raised a total of $9M across 1 funding round to date. The company's 1st funding round was a Series A of $9M, raised on Jun 01, 2016.

What does BetBright do?

BetBright was established in 2013 and is headquartered in Dublin, Ireland. Operations focus on the online gambling sector, where betting and gaming services are delivered through the domain betbright.com. Users access a range of wagering options on sports and casino activities. The platform supports digital transactions and account management for participants across various jurisdictions, with compliance to regional regulations maintained.

Who are the top competitors of BetBright?

BetBright's top competitors include Baazi Games, Flutter Entertainment and Betfair Group.

What products or services does BetBright offer?

BetBright offers Sports Betting Platform, Mobile Betting App, and Betting Calculator.

Who are BetBright's investors?

BetBright has 2 investors. Key investors include 888 Holdings, and Rich Ricci.

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