About Stakes
Stakes is a company based in New York (United States) founded in 2019 was acquired by Infinite Reality in April 2024.. Stakes has raised $5.3 million across 1 funding round from investors including Digital Currency Group, FBG Capital and CMS Holdings. Stakes operates in a competitive market with competitors including Unikrn, ZenSports, UBET Sports, Augur and DuelNow, among others.
- Headquarter New York, United States
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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
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.3 M (USD)
in 1 rounds
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Latest Funding Round
$5.3 M (USD), Seed
May 03, 2022
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Investors
Digital Currency Group
& 9 more
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Employee Count
Employee Count
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Acquired by
Infinite Reality
(Apr 16, 2024)
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Funding Insights of Stakes
Stakes has successfully raised a total of $5.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $5.3 million completed in May 2022. 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 — $5.3M
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First Round
First Round
(03 May 2022)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Seed - Stakes | Valuation | Digital Currency Group , FBG 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 Stakes
Stakes has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Digital Currency Group, FBG Capital and CMS 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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Blockchain startups are targeted for venture capital funding.
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Founded Year | Domain | Location | |
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Sterling Equities is engaged in real estate and investment management.
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Founded Year | Domain | Location | |
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Sector-agnostic incubator focused on blockchain 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 Stakes
| 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 - Stakes
| 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 |
Stakes Comparisons
Competitors of Stakes
Stakes 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, UBET Sports, Augur and DuelNow, 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 |
A decentralized sports betting platform is developed for multiple sports.
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| domain | founded_year | HQ Location |
Online crypto-based gambling platform offering diversified betting services
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| domain | founded_year | HQ Location |
Peer-to-peer sports betting is enabled via a decentralized platform.
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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 Stakes
Frequently Asked Questions about Stakes
When was Stakes founded?
Stakes was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Stakes located?
Stakes is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Stakes a funded company?
Stakes is a funded company, having raised a total of $5.3M across 1 funding round to date. The company's 1st funding round was a Seed of $5.3M, raised on May 03, 2022.
What does Stakes do?
Developer of NFT-based win prediction software for multiple sports. It allows fans to predict matches and earn NFT-based rewards. Its features include social wagering, competing with the community, and creating its own NFT collection.
Who are the top competitors of Stakes?
Who are Stakes's investors?
Stakes has 10 investors. Key investors include Digital Currency Group, FBG Capital, CMS Holdings, LD Capital, and Cadenza.
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