About Neds
Neds is a company based in Brisbane (Australia) founded in 2017 by Dean Shannon was acquired by GVC Holdings in November 2018.. Neds operates in a competitive market with competitors including Betfair Group, Flutter Entertainment, Superbet, FDJ and Evolution Robotics, among others.
- Headquarter Brisbane, Australia
- Founders Dean Shannon
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Sectors
Media & EntertainmentConsumer
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
GVC Holdings
(Nov 22, 2018)
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Funding Insights of Neds
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Neds
Neds has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GVC Holdings. 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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Provider of sports data as a servcie platform
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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 Neds
| 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 - Neds
| 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 |
Neds Comparisons
Competitors of Neds
Neds 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 Betfair Group, Flutter Entertainment, Superbet, FDJ and Evolution Robotics, 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 |
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| domain | founded_year | HQ Location |
Online sports betting exchange services are operated internationally.
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| domain | founded_year | HQ Location |
Gambling services are provided via sports betting and online platforms.
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| domain | founded_year | HQ Location |
Online gambling platform
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| domain | founded_year | HQ Location |
FDJ is operated as a leading lottery and gambling provider in France.
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| domain | founded_year | HQ Location |
Robotics solutions and intelligent products are provided by Evolution Robotics.
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| domain | founded_year | HQ Location |
A leading betting and gaming company with global operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Neds
Frequently Asked Questions about Neds
When was Neds founded?
Neds was founded in 2017.
Where is Neds located?
Neds is headquartered in Brisbane, Australia. It is registered at Brisbane, Queensland, Australia.
What does Neds do?
Neds was founded in 2017 in Brisbane, Australia, by Dean Shannon. An online platform for sports betting is maintained, where wagers on events including baseball, basketball, badminton, golf, volleyball, tennis, and others, as well as racing, can be placed. Access is provided through the website at neds.com.au and via mobile apps available for download on Android and iOS devices.
Who are the top competitors of Neds?
Neds's top competitors include Baazi Games, Flutter Entertainment and Betfair Group.
Who are Neds's investors?
Neds has 1 investor. Key investors include GVC Holdings.