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
- SectorsMedia & EntertainmentConsumer
- Email••••••••
- Website duelnow.com
- Social LinkedIn X
- Total Equity Funding$11M (USD)
in 1 rounds
- Latest Funding Round$11M (USD), Series B
Aug 2024
- InvestorsGEM Digital
& 1 more
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.
- Total Funding $11M
- Total Rounds 1
- Last Round Series B — $11M
- First Round $11M
(Aug 2024)
- Investors Count 2
All 1 funding rounds of DuelNow 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 |
|---|---|---|---|---|---|
| Aug 2024 | $11M | Series B | – | Gem Dgital |
2 investors in total: 1 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A digital asset investment firm based in The Bahamas. | – | gemdigital.com | Nassau, Bahamas | |
BM Billy Markus | - | – | unknown_37a081d471cd4be5a | - |
Investor details for DuelNow
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of DuelNow
1 people are tracked at DuelNow (1 in leadership).
| Name | Role | Group |
|---|---|---|
Hayden Hyun Yong Lee | Co-Founder | Leadership |
Complete people profiles for DuelNow
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Timeline of DuelNow
2 dated milestones of DuelNow across 1 years, from founding to its latest funding, stage changes and deals.
- Founded DuelNow is founded.
- Funding First funding round of $11.0M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lucrasports.com | 2019 | Palo Alto, United States | $21.6M | 6 | Provider of P2P sports betting platform | |
| zensports.com | 2016 | San Francisco, United States | $6.49M | – | Crypto-based e-sports betting platform is provided for users. | |
| novig.us | 2021 | New York, United States | $30.53M | 14 | Provider of a P2P sports betting platform | |
| smarkets.com | 2008 | London, United Kingdom | $5.3M | 109 | Sports betting exchange platform facilitated for user-to-user wagers. | |
| pickguru.app | 2021 | London, United Kingdom | $3.46M | 6 | Provider of P2P sports betting platform | |
| ubetsports.io | 2021 | Toronto, Canada | $2.7M | – | A decentralized sports betting platform is developed for multiple sports. | |
| wagr.us | 2019 | San Francisco, United States | $16M | – | Multi-category sports betting is facilitated via an online platform. | |
| splashsports.com | 2021 | Sacramento, United States | $28.6M | – | Provider of a social sports betting platform | |
| playwithstakes.com | 2019 | New York, United States | $5.3M | – | NFT-based win prediction software for multiple sports is developed. |
Detailed competitors of DuelNow
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Duelnow
Complete news archive for DuelNow
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to DuelNow
10 companies that operate in the same segment as DuelNow (Sports Technology Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operator of a platform providing skill-based games and interactive entertainment | 2018 | Delhi, Delhi, India | USD 92 M | USD 83.05 M | 1 | |
Subscription-based platform for streaming soccer content is offered. | 2015 | New York, New York, United States | USD 154.63 M | USD 1.62 B | 590 | |
Developer of a fantasy platform for multiple sports | 2009 | New York, New York, United States | USD 416.2 M | – | – | |
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 144.6 M | – | – | |
Online fantasy sports platforms are provided for multiple sports. | 2012 | Boston, Massachusetts, United States | USD 718.6 M | USD 6.05 B | 5,100 | |
Operator of a multifaceted platform for sports content and experiences | 2008 | Mumbai, Maharashtra, India | USD 1.34 B | USD 509.95 K | – | |
Skill-based online games are provided through a technology-driven platform. | 2006 | Mumbai, Maharashtra, India | USD 99.06 M | – | – | |
Real money skill-based gaming is facilitated through an online platform. | 2018 | Bengaluru, Karnataka, India | USD 401.22 M | USD 100.11 M | 212 | |
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | – | 2,458 | |
News media platform for soccer | 2008 | Berlin, Berlin, Germany | USD 320.1 M | – | – |
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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. The company's 1st funding round was a Series B of $11M, raised on Aug 2024.
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.