About Degree 53
Degree 53 is a company based in Manchester (United Kingdom) founded in 2013 was acquired by Bally's in October 2021. It operates as a Professional Services. The company has 56 employees as of December 31, 2021. Degree 53 offers products and services including Sports Product Studio. Degree 53 operates in a competitive market with competitors including AKQA, Hancom, AlmavivA, Hedgehog lab and Sierra Atlantic, among others.
- Headquarter Manchester, United Kingdom
- Employees 56 as on 31 Dec, 2021
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Bally's Interactive
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Products & Services of Degree 53
Degree 53 offers a comprehensive portfolio of products and services, including Sports Product Studio. 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.
Sports product solutions are developed for various clients.
Funding Insights of Degree 53
| 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 |
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Investors in Degree 53
Degree 53 has secured backing from 1 investor. Prominent investors backing the company include Bally's. 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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Online casino gaming services are provided globally by Bally's.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Degree 53
| 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 - Degree 53
| 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 |
Degree 53 Comparisons
Competitors of Degree 53
Degree 53 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 AKQA, Hancom, AlmavivA, Hedgehog lab and Sierra Atlantic, 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 |
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| domain | founded_year | HQ Location |
Integrated digital marketing campaigns are developed and executed across channels.
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Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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IT services suite solutions are provided globally by AlmavivA.
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Mobile application development and UX design services are provided.
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Offshore enterprise application development and IT consulting services are provided.
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Mobile apps and IoT solutions are developed across platforms.
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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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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Degree 53
Frequently Asked Questions about Degree 53
When was Degree 53 founded?
Degree 53 was founded in 2013.
Where is Degree 53 located?
Degree 53 is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
How many employees does Degree 53 have?
As of Dec 31, 2021, the latest employee count at Degree 53 is 56.
What does Degree 53 do?
Degree 53, now part of Ballys Interactive, is based in Manchester, United Kingdom. The company is focused on developing sports product solutions within the technology sector. Its modern office serves as a hub for various roles including web and mobile developers, UX designers, and project managers. Collaborative spaces and innovative work environments are provided to support the teams efforts in delivering digital solutions.
Who are the top competitors of Degree 53?
Degree 53's top competitors include Hedgehog lab, AlmavivA and AKQA.
What products or services does Degree 53 offer?
Degree 53 offers Sports Product Studio.
Who are Degree 53's investors?
Degree 53 has 1 investor. Key investors include Bally's.