DuelNow

Lisbon, Portugal Founded: 2023 • Age: 3 yrs
Peer-to-peer sports betting is enabled via a decentralized platform.
Annual revenue - Latest available
Total funding $11.0M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About DuelNow

DuelNow is a company based in Lisbon (Portugal) founded in 2023 by Hayden Hyun Yong Lee. DuelNow has raised $11 million across 1 funding round from investors including GEM Digital and Billy Markus. DuelNow operates in a competitive market with competitors including Lucra Sports, ZenSports, Novig, Smarkets and PickGuru, among others.

  • Headquarter Lisbon, Portugal
  • Founders Hayden Hyun Yong Lee
  • Sectors
    Media & Entertainment
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Media & Entertainment → Sports, Events & Attractions Unlock Sub-Sector Unlock Segment
Consumer → Sports, Leisure & Outdoor Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $11 M (USD)

    in 1 rounds

  • Latest Funding Round
    $11 M (USD), Series B

    Aug 01, 2024

  • Investors
    GEM Digital

    & 1 more

  • Employee Count
    Not available
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Funding Insights of DuelNow

DuelNow has successfully raised a total of $11M through 1 strategic funding round. The most recent funding activity was a Series B round of $11 million completed in August 2024. 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 DuelNow

DuelNow has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include GEM Digital and Billy Markus.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
A digital asset investment firm based in The Bahamas.
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Billy Markus

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Investor details for DuelNow

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Investments & Acquisitions by DuelNow

Investments
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Investment portfolio details for DuelNow

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Financial Statements - DuelNow

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Detailed financials for DuelNow

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Duelnow Comparisons

DuelNow Primary company
Description
Peer-to-peer sports betting is enabled via a decentralized p...
Location
Lisbon, Portugal
Founded Year
2023
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for DuelNow

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Competitors of DuelNow

DuelNow 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 Lucra Sports, ZenSports, Novig, Smarkets and PickGuru, among others.

Company Name Domain Founded year HQ Location Description
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Provider of P2P sports betting platform
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Crypto-based e-sports betting platform is provided for users.
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Provider of a P2P sports betting platform
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Sports betting exchange platform facilitated for user-to-user wagers.
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Provider of P2P sports betting platform
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A decentralized sports betting platform is developed for multiple sports.
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Detailed competitors of DuelNow

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Latest news on Duelnow

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Complete news archive for DuelNow

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Frequently Asked Questions about DuelNow

DuelNow was founded in 2023 and raised its 1st funding round 1 year after it was founded.

DuelNow is headquartered in Lisbon, Portugal.

DuelNow is a funded company, having raised a total of $11M across 1 funding round to date.

DuelNow was established in 2023 in Lisbon, Portugal, as a decentralized sports prediction marketplace. Peer-to-peer wagers are facilitated on the platform, where users can place bets and resolve outcomes based on their agreements. Operations focus on blockchain-based betting activities within the fintech and gaming sectors, serving global participants through its domain, duelnow.com. Leadership includes co-founder Hayden Hyun Yong Lee.

DuelNow's top competitors include Novig, Lucra Sports and Splash Sports.

DuelNow has 2 investors. Key investors include GEM Digital, and Billy Markus.

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