About Midnite
Midnite is a company based in London (United Kingdom) founded in 2015.. Midnite has raised $63.5 million across 5 funding rounds from investors including Betfair Group, GVC Holdings and PVX Partners. The company has 24 employees as of January 31, 2021. Midnite operates in a competitive market with competitors including Unikrn, ZenSports, Rivalry, UBET Sports and Stakes, among others.
- Headquarter London, United Kingdom
- Employees 24 as on 31 Jan, 2021
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Sectors
Media & EntertainmentConsumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Dribble Media Limited
- Date of Incorporation 22 Apr, 2015
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$63.5 M (USD)
in 5 rounds
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Latest Funding Round
$35 M (USD), Series C
Jan 15, 2026
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Investors
Betfair Group
& 8 more
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Employee Count
24
as on Jan 31, 2021
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Funding Insights of Midnite
Midnite has successfully raised a total of $63.5M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $35 million completed in January 2026. 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 Funding
- Total Rounds 5
- Last Round Series C — $35.0M
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First Round
First Round
(08 Jan 2020)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2026 | Amount | Series C - Midnite | Valuation | Raine | |
| Oct, 2025 | Amount | Debt – Conventional - Midnite | Valuation |
investors |
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| Apr, 2025 | Amount | Series B - Midnite | Valuation | Discerning Capital , Raine |
| 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 |
Investors in Midnite
Midnite has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Betfair Group, GVC Holdings and PVX 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Multiple sectors are targeted through private equity by Raine.
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Founded Year | Domain | Location | |
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Early stage venture capital funding is provided for gaming startups.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Midnite
| 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 - Midnite
| 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 |
Midnite Comparisons
Competitors of Midnite
Midnite 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 Unikrn, ZenSports, Rivalry, UBET Sports and Stakes, 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 |
Esports betting and news services are offered by Unikrn.
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| domain | founded_year | HQ Location |
Crypto-based e-sports betting platform is provided for users.
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| domain | founded_year | HQ Location |
Esports betting is enabled through an online platform.
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| domain | founded_year | HQ Location |
A decentralized sports betting platform is developed for multiple sports.
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| domain | founded_year | HQ Location |
NFT-based win prediction software for multiple sports is developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Midnite
Frequently Asked Questions about Midnite
When was Midnite founded?
Midnite was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Where is Midnite located?
Midnite is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Midnite a funded company?
Midnite is a funded company, having raised a total of $63.5M across 5 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Jan 08, 2020.
How many employees does Midnite have?
As of Jan 31, 2021, the latest employee count at Midnite is 24.
What does Midnite do?
Midnite was founded in 2015 in London, United Kingdom. An esports betting platform is operated, focusing on the gaming sector. Bets are placed by users on matches in titles such as Fortnite, CS:GO, and League of Legends. Competition among participants is facilitated, with prizes distributed to victors through the service.
Who are the top competitors of Midnite?
Who are Midnite's investors?
Midnite has 9 investors. Key investors include Betfair Group, GVC Holdings, PVX Partners, Discerning Capital, and The Raine Group.
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