About Betr
Betr is a Media & Entertainment company based in Miami (United States) founded in 2022 by Jake Paul and Joey Levy. Developer of a micro-betting platform for sports. It operates in the Media & Entertainment and Consumer sectors. Betr has raised $102 million across 4 funding rounds from investors including FJ Labs, 10X Capital and Palm Tree Crew. Its chief executive, as recorded, is Joey Levy. Its website betr.app draws about 344 thousand monthly visits. Betr offers products and services including Betr App, Fantasy Sports Service, and Sportsbook Betting. Its focus areas include Sports Tech, Sports Betting, Betting Platforms and Multi Sports. Its competitors include BetMGM and Betcha; 2 of its 2 listed competitors have raised funding.
Company details
Betr was founded in 2022 in Miami, United States, as a developer in the sports betting sector. A platform is provided for micro-betting on rugby, basketball, and baseball events. Tools for responsible gambling are included, along with fantasy sports features that allow user control over betting activities. Operations focus on digital services accessible via the betr.app domain.
- Total Equity Funding$102M (USD)
in 4 rounds
- Latest Funding Round$50.7M (USD), Series A
May 2023
- InvestorsFJ Labs
& 32 more
Products & Services of Betr
Betr offers a comprehensive portfolio of products and services, including Betr App, Fantasy Sports Service, and Sportsbook Betting.
Mobile app for fantasy sports and betting predictions
Online system for pick'em style daily fantasy contests
Platform for wagering on sports events and outcomes
Apps and channels of Betr
Betr publishes 2 mobile apps with over 100K+ downloads; its YouTube channel The Derek & Jojo Show has 90K subscribers and 30 videos.
Videos from Betr
The most watched videos on Betr's YouTube channel, The Derek & Jojo Show (90K subscribers). Click a video to play it here.
More on The Derek & Jojo Show.
Funding Insights of Betr
Betr has successfully raised a total of $102M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $50.7 million completed in May 2023. 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 $102M
- Total Rounds 4
- Last Round Series A — $50.7M
- Investors Count 33
All 4 funding rounds of Betr with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2023 | $50.7M | Series A | – | Eberg Capital, Fuel Venture Capital | |
| Aug 2022 | $20M | Series A | – | Aliya, Fuel Venture Capital | |
| Jan 2022 | $31.3M | Series A | – | Florida Funders | – |
| Jan 2022 | Series A | – | – | – |
33 investors in total: 23 institutional and 10 angel.
Investors in Betr
Betr has secured backing from 33 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include FJ Labs, 10X Capital and Palm Tree Crew.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Eberg Capital is involved in unspecified business activities. | ebergcapital.com | |||
Innovative investments are targeted by this venture capital firm. | fuelventurecapital.com | Miami, United States | ||
Tech investment firm offering venture capital and support to startups in AI and related fields. | 2013 | finsightvc.com | New York, United States | |
Venture capital investments are provided to early-stage tech startups. | floridafunders.com | Tampa, United States | ||
Venture capital is provided to expansion-stage software and tech firms. | harmonyvp.com | New York, United States | ||
Access to private investment strategies is provided for institutional investors. | 2004 | 10xcapital.com | New York, United States | |
Venture capital firm investing in technology, life sciences, and related sectors. | 8vc.com | |||
| antifund.vc | ||||
Venture capital investments are focused on early-stage global companies. | 2022 | 305.ventures | Miami, United States | |
Early-stage venture capital is invested in consumer sector startups. | elizabethstreet.vc | New York, United States |
Investor details for Betr
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Betr
2 people are tracked at Betr (2 in leadership).
| Name | Role | Group |
|---|---|---|
Jake Paul | Co-Founder | Leadership |
Joey Levy | Co-Founder & CEO | Leadership |
Complete people profiles for Betr
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Timeline of Betr
3 dated milestones of Betr across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Betr is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $50.7M.
Competitors of Betr
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| betmgminc.com | 2018 | Jersey, United States | $200.03M | Online casino and sports betting platforms are developed by BetMGM. | ||
| betcha.one | 2019 | New York, United States | $4M | Online sports betting and fantasy platform is provided for users. |
Detailed competitors of Betr
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of Betr
The website of Betr (betr.app) receives about 344.2K visits a month and ranks #87,415 among all websites worldwide, #2,843 in Martial Arts.
- Monthly visits344.2K
▼ 5.9% vs previous month
- Unique visitors171.5K
per month
- Global rank#87,415
among all websites
- Category rank#2,843
Sports · Martial Arts
- Bounce rate31%
- Pages per visit7.6
- Average visit3 min 37 sec
- DevicesDesktop 28% · Mobile 72%
Websites whose visitors overlap most with Betr. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| prizepicks.com | 100% | 3.7M | #9,803 | View details | |
| underdogfantasy.com | 80% | 1.7M | #22,799 | View details | |
| statmuse.com | 72% | 7.7M | #6,765 | View details | |
sofascore.com | sofascore.com | 70% | #649 | – | |
| sleeper.com | 69% | 2.2M | #5,697 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 19 similar websites and full traffic analytics for Betr
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 19 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Sports Technology Platforms
3 companies that operate in the same segment as Betr (Sports Technology Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Subscription-based platform for streaming soccer content is offered. | 2015 | New York, New York, United States | USD 154.63 M | USD 1.62 B | 590 | |
Developer of a fantasy platform for multiple sports | 2009 | New York, New York, United States | USD 416.2 M | 4,115 | ||
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 180 M | 999 |
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Related news about Betr
Complete news archive for Betr
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- Full article archive
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- Older coverage
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Frequently Asked Questions about Betr
Betr was founded in 2022.
Betr is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Joey Levy is the CEO of Betr, as recorded in our data. They have also founded this company.
Betr is a funded company, having raised a total of $102M across 4 funding rounds to date.
Betr was founded in 2022 in Miami, United States, as a developer in the sports betting sector. A platform is provided for micro-betting on rugby, basketball, and baseball events. Tools for responsible gambling are included, along with fantasy sports features that allow user control over betting activities. Operations focus on digital services accessible via the betr.app domain.
Betr offers Betr App, Fantasy Sports Service, and Sportsbook Betting.
Betr has 33 investors. Key investors include FJ Labs, 10X Capital, Palm Tree Crew, FinSight, and Magic City Casino.
Yes. Betr publishes Betr Fantasy & Sportsbook and 1 more app, with over 100,000 downloads.
The website of Betr receives about 344 thousand visits a month and ranks #87,415 among all websites worldwide.