About Kutt
Kutt is a company based in Blue Springs (United States) founded in 2000 by Sim Harmon was acquired by Bitcoin Depot in March 2026. Kutt has raised $1.1 million across 1 funding round from investors including Bitcoin Depot and Lightning Capital. Kutt offers products and services including KUTT Betting App. Kutt operates in a competitive market with competitors including Lucra Sports, Novig, Smarkets, PickGuru and WAGR, among others.
- Headquarter Blue Springs, United States
- Founders Sim Harmon
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Sectors
Media & EntertainmentConsumer
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
$187.33 K (USD)36995as on Dec 31, 2023
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Net Profit
-$376.15 K (USD)-100as on Dec 31, 2023
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EBITDA
Not available
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Total Equity Funding
$1.1 M (USD)
in 1 rounds
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Latest Funding Round
$1.1 M (USD), Seed
Jan 05, 2024
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Investors
Bitcoin Depot
& 1 more
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Employee Count
Not available
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Acquired by
Bitcoin Depot
(Mar 03, 2026)
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Products & Services of Kutt
Kutt offers a comprehensive portfolio of products and services, including KUTT Betting App.
App for peer-to-peer wagering on sports and other events.
Funding Insights of Kutt
Kutt has successfully raised a total of $1.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.1 million completed in January 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 Kutt
Kutt has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Bitcoin Depot and Lightning Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Digital asset management services are provided for wealth creation.
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Locked | Locked | Locked | |
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Cryptocurrency ATMs are operated for buying and selling digital assets.
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Locked | Locked | Locked |
Investor details for Kutt
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Investments & Acquisitions by Kutt
Investment portfolio details for Kutt
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Financial Statements - Kutt
Detailed financials for Kutt
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Kutt Comparisons
Peer comparison for Kutt
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of Kutt
Kutt 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, Novig, Smarkets, PickGuru and WAGR, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Provider of P2P sports betting platform
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| Locked | Locked | Locked |
Provider of a P2P sports betting platform
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| Locked | Locked | Locked |
Sports betting exchange platform facilitated for user-to-user wagers.
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| Locked | Locked | Locked |
Provider of P2P sports betting platform
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| Locked | Locked | Locked |
Multi-category sports betting is facilitated via an online platform.
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| Locked | Locked | Locked |
Provider of a social sports betting platform
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Detailed competitors of Kutt
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Kutt
Complete news archive for Kutt
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Frequently Asked Questions about Kutt
Kutt was founded in 2000 and raised its 1st funding round 24 years after it was founded.
Kutt is headquartered in Blue Springs, United States. It is registered at Blue Springs, Missouri, United States.
Kutt is a funded company, having raised a total of $1.1M across 1 funding round to date.
Annual revenue of Kutt is $187.33K as on Dec 31, 2023.
A peer-to-peer sports betting platform was established in 2000 in Blue Springs, United States. Users are enabled to place bets with friends on sporting events through the service. Funds are held securely by the platform during the event, and payouts are automated to the winner once the outcome is confirmed. Operations focus on the online betting sector, facilitating direct peer interactions without intermediaries.
Kutt's top competitors include Novig, Lucra Sports and Splash Sports.
Kutt offers KUTT Betting App.
Kutt has 2 investors. Key investors include Bitcoin Depot, and Lightning Capital.