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
- SectorsMedia & EntertainmentConsumer
- Email••••••••
- Website ww38.playwithstakes.com
- Social LinkedIn X Facebook
- Acquired by Infinite Reality (Apr 2024)
- Total Equity Funding$5.3M (USD)
in 1 rounds
- Latest Funding Round$5.3M (USD), Seed
May 2022
- InvestorsDigital Currency Group
& 9 more
- Acquired byInfinite Reality
(Apr 2024)
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 $5.3M
- Total Rounds 1
- Last Round Seed — $5.3M
- First Round $5.3M
(May 2022)
- Investors Count 9
All 1 funding rounds of Stakes 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 |
|---|---|---|---|---|---|
| May 2022 | $5.3M | Seed | – | Digital Currency Group, FBG Capital |
10 investors in total: 9 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Blockchain startups are targeted for venture capital funding. | – | cadenza.vc | San Francisco, United States | |
Sterling Equities is engaged in real estate and investment management. | 1972 | sterlingequities.com | Great Neck, United States | |
Sector-agnostic incubator focused on blockchain startups | 2015 | dcg.co | Stamford, United States | |
Cryptocurrency investments are managed by FBG Capital hedge fund. | 2015 | fbg.capital | Beijing, China | |
Manages diversified investment portfolios across multiple asset classes. | 2019 | cmsholdings.io | Memphis, United States | |
Investments in blockchain projects are managed by LD Capital. | – | ldcap.com | Shanghai, China | |
- | – | matrixport.ventures | - | |
Sales services are offered for Australian craft beverage brands. | – | mightycraft.com.au | Hawthorn East, Australia | |
- | – | theinfinitereality.com | - | |
SL Sam Li | Indian angel investor focusing on tech startups, based in Bangalore. | – | unknown_1ebfdd81868c4836b | - |
Investor details for Stakes
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Stakes
2 people are tracked at Stakes (2 in leadership).
| Name | Role | Group |
|---|---|---|
James McNiece | COO | Leadership |
Adam Zimmer | Head of Engineering | Leadership |
Complete people profiles for Stakes
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 Stakes
3 dated milestones of Stakes across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Stakes is founded.
- Funding First funding round of $5.3M.
- Exit Acquired by Infinite Reality.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| unikrn.com | 2014 | Douglas, United Kingdom | $10M | – | Esports betting and news services are offered by Unikrn. | |
| zensports.com | 2016 | San Francisco, United States | $6.49M | – | Crypto-based e-sports betting platform is provided for users. | |
| ubetsports.io | 2021 | Toronto, Canada | $2.7M | – | A decentralized sports betting platform is developed for multiple sports. | |
| augur.net | 2014 | San Francisco, United States | $5.1M | – | Online crypto-based gambling platform offering diversified betting services | |
| duelnow.com | 2023 | Lisbon, Portugal | $11M | – | Peer-to-peer sports betting is enabled via a decentralized platform. | |
| bloksports.bet | 2018 | Manhattan Beach, United States | – | – | Decentralized social sports betting platform is provided via blockchain. | |
| funfair.ventures | 2022 | – | – | 22 | Investments in early-stage blockchain startups are made by FunFair. |
Detailed competitors of Stakes
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.
Latest news on Stakes
Complete news archive for Stakes
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Stakes
10 companies that operate in the same segment as Stakes (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 | – | – | |
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 144.6 M | – | – | |
Online fantasy sports platforms are provided for multiple sports. | 2012 | Boston, Massachusetts, United States | USD 718.6 M | USD 6.05 B | 5,100 | |
Operator of a multifaceted platform for sports content and experiences | 2008 | Mumbai, Maharashtra, India | USD 1.34 B | USD 509.95 K | – | |
Skill-based online games are provided through a technology-driven platform. | 2006 | Mumbai, Maharashtra, India | USD 99.06 M | – | – | |
Real money skill-based gaming is facilitated through an online platform. | 2018 | Bengaluru, Karnataka, India | USD 401.22 M | USD 100.11 M | 212 | |
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 | – | – |
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Frequently Asked Questions about Stakes
Stakes was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Stakes is headquartered in New York, United States. It is registered at New York, New York, United States.
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 2022.
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.
Stakes has 10 investors. Key investors include Digital Currency Group, FBG Capital, CMS Holdings, LD Capital, and Cadenza.
Yes. Stakes was acquired by Infinite Reality in April 2024.