About Coolbet
Coolbet is a company based in Tallinn (Estonia) founded in 2016 by Jan Svendsen was acquired by GAN in November 2020.. The company has 275 employees as of September 30, 2024. Coolbet operates in a competitive market with competitors including MPL, Betfair Group, Flutter Entertainment, Superbet and Evolution Robotics, among others.
- Headquarter Tallinn, Estonia
- Employees 275 as on 30 Sep, 2024
- Founders Jan Svendsen
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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 Vg Estonia Oü
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Funding Insights of Coolbet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Coolbet
Coolbet has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GAN. 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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Turnkey solutions for online casino and sports wagering are provided.
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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 Coolbet
| 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 |
Financial Statements - Coolbet
| 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 |
Coolbet Comparisons
Competitors of Coolbet
Coolbet 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 MPL, Betfair Group, Flutter Entertainment, Superbet and Evolution Robotics, 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 |
Real money skill-based gaming is facilitated through an online platform.
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| domain | founded_year | HQ Location |
Online sports betting exchange services are operated internationally.
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| domain | founded_year | HQ Location |
Gambling services are provided via sports betting and online platforms.
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| domain | founded_year | HQ Location |
Online gambling platform
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| domain | founded_year | HQ Location |
Robotics solutions and intelligent products are provided by Evolution Robotics.
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| domain | founded_year | HQ Location |
FDJ is operated as a leading lottery and gambling provider in France.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Coolbet
Frequently Asked Questions about Coolbet
When was Coolbet founded?
Coolbet was founded in 2016.
Where is Coolbet located?
Coolbet is headquartered in Tallinn, Estonia.
How many employees does Coolbet have?
As of Sep 30, 2024, the latest employee count at Coolbet is 275.
What is the annual revenue of Coolbet?
Annual revenue of Coolbet is $15.05M as on Dec 31, 2022.
What does Coolbet do?
Coolbet was founded in 2016 in Tallinn, Estonia, as an online gambling platform. Operations focus on enabling wagers across categories such as poker, sports betting, and live casinos. Services include user interfaces designed for engagement and multiple payment methods. The platform serves users in the digital betting sector, with activities centered in Europe.
Who are the top competitors of Coolbet?
Coolbet's top competitors include MPL, Baazi Games and Flutter Entertainment.
Who are Coolbet's investors?
Coolbet has 1 investor. Key investors include GAN.