About BetDEX
BetDEX is a company based in Claymont (United States) founded in 2021 by Stuart Tonner, Varun Sudhakar, and Nigel Eccles. BetDEX has raised $21 million across 1 funding round from investors including FTX, Lightspeed Venture Partners and Multicoin Capital. The company has 12 employees as of December 31, 2022. BetDEX operates in a competitive market with competitors including Binance, Zumo, Fasset, Impossible Finance and Yunphant, among others.
- Headquarter Claymont, United States
- Employees 12 as on 31 Dec, 2022
- Founders Stuart Tonner, Varun Sudhakar, Nigel Eccles
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Sectors
Media & EntertainmentFinancial Services Consumer
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Phone
Locked
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Website
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Social
Locked
- Legal Name Betdex Labs Ltd
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$21 M (USD)
in 1 rounds
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Latest Funding Round
$21 M (USD), Seed
Nov 17, 2021
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Investors
FTX
& 7 more
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Employee Count
12
as on Dec 31, 2022
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People of BetDEX
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Funding Insights of BetDEX
BetDEX has successfully raised a total of $21M through 1 strategic funding round. The most recent funding activity was a Seed round of $21 million completed in November 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.
Investors in BetDEX
BetDEX has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include FTX, Lightspeed Venture Partners and Multicoin Capital.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are directed toward crypto-assets and Web3 businesses.
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Web3 venture capital firm partnering on blockchain projects.
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Investor details for BetDEX
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by BetDEX
Investment portfolio details for BetDEX
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Financial Statements - BetDEX
Detailed financials for BetDEX
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Betdex Comparisons
Peer comparison for BetDEX
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Competitors of BetDEX
BetDEX 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 Binance, Zumo, Fasset, Impossible Finance and Yunphant, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online exchange platform for cryptocurrency
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Crypto-as-a-service infrastructure is delivered for digital asset integration.
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Fasset is recognized as a financial super app for managing investments and payments.
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Decentralized financial products are enabled via a DeFi platform.
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Blockchain platform for financial applications is provided as a service.
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Detailed competitors of BetDEX
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Latest news on Betdex
Complete news archive for BetDEX
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Frequently Asked Questions about BetDEX
BetDEX was founded in 2021.
BetDEX is headquartered in Claymont, United States. It is registered at Claymont, Delaware, United States.
Varun Sudhakar is the current CEO of BetDEX. They have also founded this company.
BetDEX is a funded company, having raised a total of $21M across 1 funding round to date.
As of Dec 31, 2022, the latest employee count at BetDEX is 12.
BetDEX was founded in 2021 and is headquartered in Claymont, United States. A blockchain-based platform for sports betting is provided, through which users can place wagers on multiple sports events utilizing cryptocurrency. Operations focus on decentralized betting services within the fintech and gaming sectors, ensuring secure and transparent transactions across various global sports markets. Key leadership includes co-founders Stuart Tonner as CTO, Varun Sudhakar as CEO, and Nigel Eccles.
BetDEX has 8 investors. Key investors include FTX, Lightspeed Venture Partners, Multicoin Capital, Paradigm, and Hack VC.