Betcha

New York, United States Founded: 2019 • Age: 7 yrs Acquired By Vivid Seats
Online sports betting and fantasy platform is provided for users.
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About Betcha

Betcha is a company based in New York (United States) founded in 2019 was acquired by Vivid Seats in December 2021.. Betcha has raised $4 million across 1 funding round from investors including Vivid Seats, Eyal Shaked and Matthew Davey. Betcha operates in a competitive market with competitors including William Hill, Flutter Entertainment, Betfair Group, LiveScore Group and FDJ, among others.

  • Headquarter New York, United States
  • Sectors
    Media & Entertainment
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Media & Entertainment → Sports, Events & Attractions
Consumer → Sports, Leisure & Outdoor
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4 M (USD)

    in 1 rounds

  • Latest Funding Round
    $4 M (USD), Angel Round

    Jul 28, 2021

  • Investors
    Vivid Seats

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Vivid Seats

    (Dec 13, 2021)

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Funding Insights of Betcha

Betcha has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Angel Round round of $4 million completed in July 2021. 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 Angel Round — $4.0M
  • First Round

    (28 Jul 2021)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Angel Round - Betcha Valuation Eyal Shaked , Matthew Davey
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 Betcha

Betcha has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Vivid Seats, Eyal Shaked and Matthew Davey. 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

Eyal Shaked

Israeli entrepreneur, angel investor, and co-founder of 888 Holdings, active in India.
Founded Year Domain Location

Matthew Davey

Angel investor and advisor, focused on Indian startups and technology sectors.
Founded Year Domain Location
Platform offering tickets marketplace for sports, concert, and theater events
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 Betcha

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 - Betcha

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

Betcha Comparisons

Employees
+
Add Comparison
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Competitors of Betcha

Betcha 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 William Hill, Flutter Entertainment, Betfair Group, LiveScore Group 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
A leading betting and gaming company with global operations.
domain founded_year HQ Location
Gambling services are provided via sports betting and online platforms.
domain founded_year HQ Location
Online sports betting exchange services are operated internationally.
domain founded_year HQ Location
Betting tools are developed for sports bettors worldwide.
domain founded_year HQ Location
FDJ is operated as a leading lottery and gambling provider in France.
domain founded_year HQ Location
Online gambling platform
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 Betcha

Vivid Seats buys VC-backed Betcha for $25m
Venturecapitaljournal4 years ago

Frequently Asked Questions about Betcha

When was Betcha founded?

Betcha was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Betcha located?

Betcha is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of Betcha?

Kuo-Hsiung Hanson Wong is the current CEO of Betcha.

Is Betcha a funded company?

Betcha is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Angel Round of $4M, raised on Jul 28, 2021.

What does Betcha do?

Betcha was founded in 2019 in New York, United States, within the online gambling sector. An end-to-end sports betting and fantasy platform is operated, featuring a proprietary module for integration. Betting options on various sports are enabled, with badges awarded to players for victories. The platform is accessible via downloads on Android and iOS devices.

Who are the top competitors of Betcha?

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

Who are Betcha's investors?

Betcha has 3 investors. Key investors include Vivid Seats, Eyal Shaked, and Matthew Davey.

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