Better Collective

Copenhagen, Denmark Founded: 2004 • Age: 22 yrs
Provider of a betting platform for multiple sports
Annual revenue $384.5M Latest available
Total funding $80.6M 9 rounds
Employees 1560 Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Better Collective

Better Collective is a company based in Copenhagen (Denmark) founded in 2004 by Christian Kirk Rasmussen and Jesper Sogaard. Better Collective has raised $80.59 million across 9 funding rounds from investors including Nordea, Mateusz Juroszek and Zbigniew Juroszek. The company has 1,560 employees as of December 31, 2024. Better Collective has completed 30 acquisitions, including AceOdds, Action Network and Atemi Group. Better Collective offers products and services including Sports Media Brands and Esports Services. Better Collective operates in a competitive market with competitors including The Athletic, Hupu, MinuteMedia, Bleacher Report and Barstool Sports, among others.

  • Headquarter Copenhagen, Denmark
  • Employees 1560 as on 31 Dec, 2024
  • Founders Christian Kirk Rasmussen, Jesper Sogaard
  • Stage Public
  • Sectors
    Media & Entertainment
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Better Collective A/S
Operational Areas
Media & Entertainment → Sports, Events & Attractions Unlock Sub-Sector Unlock Segment
Media & Entertainment → Digital Media, Publishing & Broadcasting Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $384.48 M (USD)
    10.51
    as on Dec 31, 2024
  • Net Profit
    $35.24 M (USD)
    -17.02
    as on Dec 31, 2024
  • EBITDA
    $117.49 M (USD)
    -0.79
    as on Dec 31, 2024
  • Total Equity Funding
    $80.59 M (USD)

    in 9 rounds

  • Latest Funding Round
    $194.36 M (USD), Post-IPO

    Mar 15, 2021

  • Investors
    Nordea

    & 2 more

  • Employee Count
    1560

    as on Dec 31, 2024

  • Investments & Acquisitions
    AceOdds

    & 29 more

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IPO & Listings of Better Collective

Better Collective is a publicly listed company on the OMXCOP with ticker symbol BETCO_DKK in Denmark, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OMXCOP · Ticker: BETCO_DKK · Sector: Commercial services · Denmark

Products & Services of Better Collective

Better Collective offers a comprehensive portfolio of products and services, including Sports Media Brands and Esports Services.

Product name locked
Category locked
Primary

Platforms providing engaging sports content and community building

Product name locked
Category locked
Locked

Services for esports content and fan engagement features

People of Better Collective

Headcount 500-1000
Employee Profiles 309
Board Members and Advisors 7
Employee Profiles
People
Leonardo Ribeiro de Souza
Head Of Finance - Latam
People
Craig Harman
Director Of Product And Operations - Paid Media
People
Andjela Antic
PPC Supervisor
People
Rupal Shukla
Some And Partnership Manager (apac)

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Board Members and Advisors
people
Therese Hillman
Vice Chair
people
Jens Bager
Chairperson
people
Britt Boeskov
Board Member
people
Petra Von Rohr
Member Board Of Directors

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Funding Insights of Better Collective

Better Collective has successfully raised a total of $80.59M across 9 strategic funding rounds. The most recent funding activity was a Post-IPO round of $194.36 million completed in March 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 Better Collective

Better Collective has secured backing from 3 investors, including angel and institutional investors. Prominent investors backing the company include Nordea, Mateusz Juroszek and Zbigniew Juroszek.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Nordea is recognized as a leading Nordic universal bank.
Locked Locked Locked

Mateusz Juroszek

-
Locked Locked Locked

Zbigniew Juroszek

-
Locked Locked Locked
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Investor details for Better Collective

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Better Collective

Better Collective has strategically engaged in corporate development activities, having acquired 30 companies. Notable acquisitions include AceOdds, Action Network and Atemi Group.

Investments
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Investment portfolio details for Better Collective

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of sports news platform
Locked Locked 2020 Locked
AI-enabled gambling solutions for early risk detection are developed.
Locked Locked 2018 Locked
Sports news is covered by the online platform Playmaker.
Locked Locked 2018 Locked
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Complete acquisition details for Better Collective

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - Better Collective

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Detailed financials for Better Collective

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  • Historical revenue
  • Profit trends
  • Statement rows
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Better Collective Comparisons

Better Collective Primary company
Description
Provider of a betting platform for multiple sports
Location
Copenhagen, Denmark
Founded Year
2004
Annual Revenue
$384.48 M (USD)
Net Profit
$35.24 M (USD)
EBITDA
$117.49 M (USD)
Employees
1,560
As of 2024
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Peer comparison for Better Collective

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  • Headcount comparison
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Competitors of Better Collective

Better Collective 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 The Athletic, Hupu, MinuteMedia, Bleacher Report and Barstool Sports, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Subscription-based sports media is delivered to local premium audiences.
Locked Locked Locked
Sports commentary and news are provided through Hupu's platform.
Locked Locked Locked
Provider of digital content and advertising solutions for publishers and advertisers
Locked Locked Locked
Crowdsourced sports scores, news, and content are provided to users.
Locked Locked Locked
Sports and men's lifestyle online magazine
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Detailed competitors of Better Collective

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Better Collective

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Complete news archive for Better Collective

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Better Collective

Better Collective was founded in 2004 and raised its 1st funding round 11 years after it was founded.

Better Collective is headquartered in Copenhagen, Denmark.

Jesper Sogaard is the current CEO of Better Collective. They have also founded this company.

Better Collective is a funded company, having raised a total of $80.59M across 9 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Better Collective is 1,560.

Annual revenue of Better Collective is $384.48M as on Dec 31, 2024.

Better Collective was founded in 2004 in Copenhagen, Denmark, and operates as a digital sports media group in the iGaming sector. Services include a betting platform for various sports, editorial content, bookmaker information, data insights, betting tips, iGaming communities, and educational tools. Coverage extends to news on sports and esports, supporting user engagement in online betting environments.

Better Collective's top competitors include The Athletic, Hupu and Bleacher Report.

Better Collective offers Sports Media Brands and Esports Services.

Yes, Better Collective is publicly traded on OMXCOP under the ticker symbol BETCO_DKK.

Better Collective has made 30 acquisitions, including AceOdds, Action Network, and Atemi Group.

Better Collective has 3 investors. Key investors include Nordea, Mateusz Juroszek, and Zbigniew Juroszek.

The ticker symbol of Better Collective is BETCO_DKK on OMXCOP.

The valuation of Better Collective is $850.14M as of Mar 2021.

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