About Omada
Omada is a company based in Paris (France) founded in 2020. It operates as a Freemium. Omada has raised $7.51 million across 1 funding round from investors including Felix Capital, Play Ventures and Motier. Omada offers products and services including Omada Sports Prediction Community. Omada operates in a competitive market with competitors including Flutter Entertainment, Betfair Group, LiveScore Group, BetMGM and Betway, among others.
- Headquarter Paris, France
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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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- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$5.8 M (USD)10.32as on Mar 31, 2023
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Net Profit
$661.79 K (USD)-5.82as on Mar 31, 2023
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EBITDA
$5.02 M (USD)9.54as on Mar 31, 2023
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Total Equity Funding
$7.51 M (USD)
in 1 rounds
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Latest Funding Round
$7.51 M (USD), Seed
Sep 27, 2023
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Investors
Felix Capital
& 8 more
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Employee Count
Employee Count
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Products & Services of Omada
Omada offers a comprehensive portfolio of products and services, including Omada Sports Prediction Community. 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.
A platform for sports predictions without real money.
Funding Insights of Omada
Omada has successfully raised a total of $7.51M through 1 strategic funding round. The most recent funding activity was a Seed round of $7.51 million completed in September 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 Funding
- Total Rounds 1
- Last Round Seed — $7.5M
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First Round
First Round
(27 Sep 2023)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Seed - Omada | Valuation | Felix Capital |
| 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 Omada
Omada has secured backing from 9 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Felix Capital, Play Ventures and Motier. 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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Tech companies are funded by this London-based venture capital firm.
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Founded Year | Domain | Location | |
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Early stage investments in gaming and consumer apps are made by Play Ventures.
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Founded Year | Domain | Location | |
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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 Omada
| 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 - Omada
| 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 |
Omada Comparisons
Competitors of Omada
Omada 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 Flutter Entertainment, Betfair Group, LiveScore Group, BetMGM and Betway, 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 |
Gambling services are provided via sports betting and online platforms.
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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 |
Betting tools are developed for sports bettors worldwide.
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| domain | founded_year | HQ Location |
Online casino and sports betting platforms are developed by BetMGM.
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| domain | founded_year | HQ Location |
Provider of an online betting platform offering multi-category games
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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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Frequently Asked Questions about Omada
When was Omada founded?
Omada was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Omada located?
Omada is headquartered in Paris, France.
Is Omada a funded company?
Omada is a funded company, having raised a total of $7.51M across 1 funding round to date. The company's 1st funding round was a Seed of $7.51M, raised on Sep 27, 2023.
What is the annual revenue of Omada?
Annual revenue of Omada is $5.8M as on Mar 31, 2023.
What does Omada do?
Omada is established as a sports prediction community platform where users can engage in gaming without real money betting. The platform is focused on revolutionizing traditional betting apps by prioritizing youth education and positive change. Initiatives are undertaken to support the younger generation, fostering a fun and safe environment for sports enthusiasts to connect and compete.
Who are the top competitors of Omada?
Omada's top competitors include Flutter Entertainment, Betfair Group and Betway.
What products or services does Omada offer?
Omada offers Omada Sports Prediction Community.
Who are Omada's investors?
Omada has 9 investors. Key investors include Felix Capital, Play Ventures, Motier, Akin Babayigit, and Pierre Antoine Capton.
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