Jackpot

Sliema, Malta Founded: 2016 • Age: 10 yrs
Online gambling platform offering casino and lottery games
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About Jackpot

Jackpot is a company based in Sliema (Malta) founded in 2016.. Jackpot has raised $42 million across 2 funding rounds from investors including MLB, Bettor Capital and Detroit Venture Partners. Jackpot offers products and services including Lottery Ticket Platform. Jackpot operates in a competitive market with competitors including Lottery, California Lottery, Georgia Lottery, BOTB and Colorado Lottery, among others.

  • Headquarter Sliema, Malta
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Consumer → Sports, Leisure & Outdoor
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $42 M (USD)

    in 2 rounds

  • Latest Funding Round
    $7 M (USD), Series A

    Jan 09, 2023

  • Investors
    MLB

    & 17 more

  • Employee Count
    Employee Count
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Products & Services of Jackpot

Jackpot offers a comprehensive portfolio of products and services, including Lottery Ticket Platform. 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.

Primary

Platform for ordering and managing official lottery tickets securely online.

People of Jackpot
Headcount 50-200
Employee Profiles 55
Employee Profiles
People
Jovana Savić
Player Protection Analyst - Legal & Compliance
People
Ryan Pelletier
Daytime Operations Supervisor - MA
People
Dejana Radakovic
Business System Analyst
People
Danijela Matić
Web Developer

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Funding Insights of Jackpot

Jackpot has successfully raised a total of $42M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7 million completed in January 2023. 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
  • Total Rounds 2
  • Last Round Series A — $7.0M
  • First Round

    (22 Jun 2022)

  • Investors Count 18
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2023 Amount Series A - Jackpot Valuation

investors

Jun, 2022 Amount Series A - Jackpot Valuation Accomplice , Courtside Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Jackpot

Jackpot has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include MLB, Bettor Capital and Detroit Venture Partners. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment in online gaming technology providers is facilitated.
Founded Year Domain Location
Tech focused VC firm that does seed and early stage investments in the US
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Jackpot

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Jackpot

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jackpot Comparisons

Employees
+
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Competitors of Jackpot

Jackpot 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 Lottery, California Lottery, Georgia Lottery, BOTB and Colorado Lottery, 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
Lottery-based games are provided via an online gambling platform.
domain founded_year HQ Location
Operates an app-based platform for engaging lottery games and services.
domain founded_year HQ Location
Operates lottery games like draws and scratchers to support education funding.
domain founded_year HQ Location
Online lottery agents
domain founded_year HQ Location
An online platform delivering comprehensive lottery services to users.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Jackpot

When was Jackpot founded?

Jackpot was founded in 2016 and raised its 1st funding round 6 years after it was founded.

Where is Jackpot located?

Jackpot is headquartered in Sliema, Malta.

Is Jackpot a funded company?

Jackpot is a funded company, having raised a total of $42M across 2 funding rounds to date. The company's 1st funding round was a Series A of $35M, raised on Jun 22, 2022.

What does Jackpot do?

Jackpot was founded in 2016 and is headquartered in Sliema, Malta. The platform operates within the online gambling sector, where betting on international lotteries such as EuroMillions, PowerBall, and MegaMillions is facilitated for players to win prizes. Casino games are also offered, alongside promotions, contests, and updates on lottery-related news. Operations focus on digital access to these services globally.

Who are the top competitors of Jackpot?

Jackpot's top competitors include Lottery, BOTB and California Lottery.

What products or services does Jackpot offer?

Jackpot offers Lottery Ticket Platform.

Who are Jackpot's investors?

Jackpot has 18 investors. Key investors include MLB, Bettor Capital, Detroit Venture Partners, Dallas Cowboys, and The Tisch family.

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