About PropSwap
PropSwap is a Media & Entertainment company based in Las Vegas (United States) founded in 2014. It operates as a sportsbook tickets are bought and sold via an online marketplace. It operates in the Media & Entertainment and Consumer sectors. PropSwap has raised $2 million across 1 funding round from investors including Chris Grove, David Freedman and fama Ventures. Its focus areas include Sports Tech, Sports Betting, Betting Platforms and Multi Sports. Its competitors include Quint, Webscorer, Shoowin, PicklePlay and Fandeavor and 2 more; 3 of its 7 listed competitors have raised funding.
Company details
PropSwap was founded in 2014 in Las Vegas, United States, and operates as an online platform in the sports betting sector. Active sportsbook tickets are traded between users, allowing sellers to realize profits irrespective of bet outcomes and buyers to acquire positions at potentially improved odds. Transactions are processed through the platform, with a commission fee applied to each completed exchange.
- Headquarters Las Vegas, United States
- SectorsMedia & EntertainmentConsumer
- Website category Gambling · Sports Betting
- Email••••••••
- Phone•••• ••••
- Website propswap.com
- Social X Facebook
- Total Equity Funding$2M (USD)
in 1 rounds
- Latest Funding Round$2M (USD), Seed
Mar 2021
- Investorsfama Ventures
& 2 more
Funding Insights of PropSwap
PropSwap has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in March 2021. 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 $2M
- Total Rounds 1
- Last Round Seed — $2M
- First Round $2M
(Mar 2021)
- Investors Count 3
All 1 funding rounds of PropSwap with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2021 | $2M | Seed | – | – |
3 investors in total: 1 institutional and 2 angel.
Investors in PropSwap
PropSwap has secured backing from 3 investors, including angel and venture fund investors. Prominent investors backing the company include Chris Grove, David Freedman and fama Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
fama Ventures is recognized as an early-stage seed fund for technology companies. | 2021 | fama.ventures | - | |
CG Chris Grove | Angel investor focusing on gaming and tech, co-founder of American Gambling Awards. | – | unknown_d86ea1f680dd42b2b | - |
DF David Freedman | Angel investor focusing on Indian startups, experienced in tech and innovation. | – | unknown_3f130a2e0d9b4bd9b | - |
Investor details for PropSwap
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of PropSwap
1 people are tracked at PropSwap (1 in leadership).
| Name | Role | Group |
|---|---|---|
Luke Pergande | Founder | Leadership |
Complete people profiles for PropSwap
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of PropSwap
2 dated milestones of PropSwap across 7 years, from founding to its latest funding, stage changes and deals.
- Founded PropSwap is founded.
- Funding First funding round of $2.0M.
Competitors of PropSwap
PropSwap has 7 listed competitors in our database, 3 of them funded. They include Quint, Webscorer, Shoowin, PicklePlay and Fandeavor, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| quint.co | 2002 | Charlotte, United States | $5.5M | 32 | Quint is recognized as a leader in event solutions. | |
| webscorer.com | 2009 | Seattle, United States | – | – | Serves as software for race registration and ticketing. | |
| shoowin.com | 2016 | New York, United States | $1.25M | – | Face value sports and concert ticket reservation platform | |
| pickleplay.com | 2018 | Cedar Falls, United States | – | – | Online platform for pickleball community engagement is operated. | |
| fandeavor.com | 2011 | Las Vegas, United States | $525,000 | – | Sports event travel packages are booked online. | |
| qcue.com | 2007 | Austin, United States | – | 22 | Dynamic pricing software is offered for sports and entertainment ticketing. | |
| pitpay.com | 2017 | Charlotte, United States | – | – | Mobile app for buying and managing pit passes at racing tracks. |
Detailed competitors of PropSwap
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of PropSwap
The website of PropSwap (propswap.com) receives about 2.6K visits a month and ranks #6,623,645 among all websites worldwide, #9,563 in Sports Betting.
- Monthly visits2.6K
▲ 10.9% vs previous month
- Global rank#6,623,645
among all websites
- Category rank#9,563
Gambling · Sports Betting
- Bounce rate36%
- Pages per visit2.0
- Average visit42 sec
- DevicesDesktop 24% · Mobile 76%
Top companies in Sports Technology Platforms
10 companies that operate in the same segment as PropSwap (Sports Technology Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operator of a platform providing skill-based games and interactive entertainment | 2018 | Delhi, Delhi, India | USD 92 M | USD 83.05 M | 1 | |
Subscription-based platform for streaming soccer content is offered. | 2015 | New York, New York, United States | USD 154.63 M | USD 1.62 B | 590 | |
Developer of a fantasy platform for multiple sports | 2009 | New York, New York, United States | USD 416.2 M | – | 4,115 | |
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 180 M | – | 999 | |
Online fantasy sports platforms are provided for multiple sports. | 2012 | Boston, Massachusetts, United States | USD 718.6 M | USD 6.05 B | 5,802 | |
Operator of a multifaceted platform for sports content and experiences | 2008 | Mumbai, Maharashtra, India | USD 942.17 M | USD 509.95 K | 1,310 | |
Skill-based online games are provided through a technology-driven platform. | 2006 | Mumbai, Maharashtra, India | USD 98.07 M | USD 264.51 M | 777 | |
Real money skill-based gaming is facilitated through an online platform. | 2018 | Bengaluru, Karnataka, India | USD 401.22 M | USD 100.11 M | 435 | |
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | – | 2,458 | |
News media platform for soccer | 2008 | Berlin, Berlin, Germany | USD 320.1 M | USD 30.07 M | 298 |
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Related news about Propswap
Complete news archive for PropSwap
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Frequently Asked Questions about PropSwap
PropSwap was founded in 2014 and raised its 1st funding round 7 years after it was founded.
PropSwap is headquartered in Las Vegas, United States. It is registered at Las Vegas, Nevada, United States.
PropSwap is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Mar 2021.
PropSwap was founded in 2014 in Las Vegas, United States, and operates as an online platform in the sports betting sector. Active sportsbook tickets are traded between users, allowing sellers to realize profits irrespective of bet outcomes and buyers to acquire positions at potentially improved odds. Transactions are processed through the platform, with a commission fee applied to each completed exchange.
PropSwap's top competitors include PicklePlay, Shoowin and Quint.
PropSwap has 3 investors. Key investors include Chris Grove, David Freedman, and fama Ventures.