About BetSperts
BetSperts is a company based in Chicago (United States) founded in 2018 by Austin Harper and Reid Rooney.. BetSperts has raised $11.64 million across 4 funding rounds from investors including HBSE Ventures, Verance Capital and Velo Partners. BetSperts has completed 4 acquisitions, including 4FOR4, Bleacher Nation and DynastyLeagueFootball. BetSperts offers products and services including Betting Guides, Fantasy Football App, and Betting Calculator. BetSperts operates in a competitive market with competitors including Don Best, QL Gaming Group, SoBet, Dabble and Betting United, among others.
- Headquarter Chicago, United States
- Founders Austin Harper, Reid Rooney
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Sectors
Media & EntertainmentConsumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Betsperts, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.64 M (USD)
in 4 rounds
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Latest Funding Round
$3 M (USD), Series A
Jan 05, 2023
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Investors
HBSE Ventures
& 5 more
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Employee Count
Employee Count
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Investments & Acquisitions
4FOR4
& 3 more
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Products & Services of BetSperts
BetSperts offers a comprehensive portfolio of products and services, including Betting Guides, Fantasy Football 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.
Resources for understanding sports betting odds and strategies.
App for tracking fantasy football rankings and content.
Tools to calculate bets and odds for wagering.
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Software Development Team
1 people
Leadership Team
1 people
Operations Team
1 people
Product Management Team
1 people
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Funding Insights of BetSperts
BetSperts has successfully raised a total of $11.64M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in January 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 Total Funding
- Total Rounds 4
- Last Round Series A — $3.0M
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First Round
First Round
(09 Jan 2020)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series A - BetSperts | Valuation |
investors |
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| Aug, 2021 | Amount | Series A - BetSperts | Valuation | HBSE Ventures , Verance Capital | |
| Oct, 2020 | Amount | Seed - BetSperts | Valuation | Velo Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BetSperts
BetSperts has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include HBSE Ventures, Verance Capital and Velo Partners. 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.
| Investor | Description | Founded Year | Domain | Location |
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HBSE Ventures is focused on sports tech venture investments.
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Founded Year | Domain | Location | |
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Verance Capital is focused on investments in sports, media, and entertainment.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early stage and series A rounds
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BetSperts
BetSperts has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include 4FOR4, Bleacher Nation and DynastyLeagueFootball. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Social platform for fantasy sports player
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2015 | ||||
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Provider of gambling services
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2008 | ||||
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Fantasy football news, rankings, and community tools are provided online.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - BetSperts
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Betsperts Comparisons
Competitors of BetSperts
BetSperts 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 Don Best, QL Gaming Group, SoBet, Dabble and Betting United, 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 |
Sports betting tips, statistics, picks, and odds are provided online.
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| domain | founded_year | HQ Location |
Sports betting and fantasy products are developed for mobile platforms.
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| domain | founded_year | HQ Location |
Online platform offering sports betting tips and predictions
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| domain | founded_year | HQ Location |
Sports betting platform is offered via mobile app for users.
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| domain | founded_year | HQ Location |
Develops an app-based platform for betting tips and predictions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Betsperts
Frequently Asked Questions about BetSperts
When was BetSperts founded?
BetSperts was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is BetSperts located?
BetSperts is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of BetSperts?
Reid Rooney is the current CEO of BetSperts. They have also founded this company.
Is BetSperts a funded company?
BetSperts is a funded company, having raised a total of $11.64M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Jan 09, 2020.
What does BetSperts do?
BetSperts was founded in 2018 in Chicago, United States, as a provider of an online platform in the sports betting advisory sector. Betting tips across various sports categories are delivered through the service, where analysis is selected by users and tips from tipsters are accessed. Operations include features for tracking picks and maintaining a leaderboard, supporting user engagement in betting decisions.
Who are the top competitors of BetSperts?
BetSperts's top competitors include Don Best, Dabble and QL Gaming Group.
What products or services does BetSperts offer?
BetSperts offers Betting Guides, Fantasy Football App, and Betting Calculator.
How many acquisitions has BetSperts made?
BetSperts has made 4 acquisitions, including 4FOR4, Bleacher Nation, and DynastyLeagueFootball.
Who are BetSperts's investors?
BetSperts has 6 investors. Key investors include HBSE Ventures, Verance Capital, Velo Partners, David VanEgmond, and Kevin Durant.
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