About CashBet
CashBet is a Consumer company based in Oakland (United States) founded in 2012, and was acquired by Greentube in March 2020. Mobile gambling games for iOS are developed and distributed. CashBet has raised $5.1 million across 5 funding rounds from investors including Greentube. The company was acqui-hired. Its focus areas include Media & Entertainment, Gambling Tech, Gambling IT and Online. Its competitors include Light & Wonder and Boom Sports; 1 of its 2 listed competitors has raised funding.
Company details
CashBet was founded in 2012 in Oakland, United States, within the mobile gaming sector. Focus is placed on developing gambling-oriented titles such as Atomic Casino, Jenny Vegas, and Casino Island Adventure. These games are distributed via the iOS platform and a dedicated gaming portal. A supporting platform is also provided to enable developers in integrating real-money gambling elements into social and mobile applications.
- Headquarters Oakland, United States
- Stage Acquired
- SectorsConsumer
- Website cashbet.com
- Social LinkedIn X Facebook
- Acquired by Greentube (Mar 2020)
Funding Insights of CashBet
CashBet has successfully raised a total of $5.1M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $1.85 million completed in January 2018. 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 $5.1M
- Total Rounds 5
- Last Round Seed — $1.85M
- First Round $200,000
(Jan 2012)
All 5 funding rounds of CashBet 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 |
|---|---|---|---|---|---|
| Jan 2018 | $1.85M | Seed | – | – | – |
| Jan 2018 | $1.16M | Seed | – | – | – |
| Feb 2014 | $1.7M | Angel Round | – | – | – |
| Feb 2013 | $200,000 | Seed | – | – | – |
| Jan 2012 | $200,000 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in CashBet
CashBet has secured backing from 1 investor. Prominent investors backing the company include Greentube.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Casino games for mobile platforms are developed by Greentube. | 2000 | greentube.com | Vienna, Austria |
Investor details for CashBet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of CashBet
4 dated milestones of CashBet across 8 years, from founding to its latest funding, stage changes and deals.
- Founded CashBet is founded.
- Funding First funding round of $200K.
- Funding Latest funding round, Seed, of $1.8M.
- Exit Acquired by Greentube.
Competitors of CashBet
CashBet has 2 listed competitors in our database, 1 of them funded. They include Light & Wonder and Boom Sports.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lnw.com | 1973 | Las Vegas, United States | 6,500 | iGaming solutions are provided for online gambling operators. | ||
| boomfantasy.com | 2015 | New York, United States | $23.16M | Tech-enabled platform is offered for online gambling operators. |
Detailed competitors of CashBet
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Gambling & Entertainment Platforms
3 companies that operate in the same segment as CashBet (Gambling & Entertainment Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Licensed sports merchandise, collectibles, and betting platforms are provided. | 2011 | New York, New York, United States | USD 4.85 B | 14,656 | ||
Developer of a micro-betting platform for sports | 2022 | Miami, Florida, United States | USD 102 M | |||
Provider of a P2P sports betting platform | 2021 | New York, New York, United States | USD 75 M | 94 |
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Related news about Cashbet
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Frequently Asked Questions about CashBet
CashBet was founded in 2012.
CashBet is headquartered in Oakland, United States. It is registered at Oakland, California, United States.
CashBet is a funded company, having raised a total of $5.1M across 5 funding rounds to date. The company's 1st funding round was a Seed of $200K, raised on Jan 2012.
CashBet was founded in 2012 in Oakland, United States, within the mobile gaming sector. Focus is placed on developing gambling-oriented titles such as Atomic Casino, Jenny Vegas, and Casino Island Adventure. These games are distributed via the iOS platform and a dedicated gaming portal. A supporting platform is also provided to enable developers in integrating real-money gambling elements into social and mobile applications.
CashBet's top competitors include Light & Wonder and Boom Sports.
CashBet has 1 investor. Key investors include Greentube.
Yes. CashBet was acquired by Greentube in March 2020.