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Slips builds a real-money gaming mobile app that lets users buy official state lottery tickets through licensed retailers, with tickets digitized and stored in-app, and it also enables peer-to-peer betting through a social betting exchange. For sports, players challenge one another or pools on outcomes in leagues like the NFL, NBA, MLB, and NHL, with winnings paid promptly after events and a process for larger sums. Revenue comes from convenience and payment processing fees on lottery transactions. Slips differentiates itself by pairing official lottery access with a social, community-driven betting experience and by tying online bets to real-world venues through Slips Live geo-location features, aiming to make real-money gaming more social and accessible.
Industries
Consumer Software
Financial Services
Entertainment
Gaming
Company Size
1-10
Company Stage
Seed
Total Funding
$3.5M
Headquarters
Los Angeles, California
Founded
2019
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Total Funding
$3.5M
Meets
Industry Average
Funded Over
1 Rounds
Industry standards
Slips raises $3.5M in Series Seed funding. Slips, a Los Angeles, CA-based peer-to-peer betting company, raised $3.5M in Series Seed funding. The round was led by Las Olas Capital and Sunset Bay Capital, with participation from investors including Andrew Schwartzberg, Co-Owner of the Charlotte Hornets and Leeds United English Football Club, alongside a group of strategic investors. The company intends to use the funds to improve its technology stack, expand the team across product, engineering, and growth, and accelerate user acquisition as the platform continues to scale nationally. Led by CEO Jess Richman and CTO Gurminder Singh, Slips is a provider of a peer-to-peer betting platform where players compete directly with each other, not the house, so someone always wins. Offering Heads Up, Pools, Tourlays, AI-generated P2P prediction markets, and geo-located group experiences, it creates a social-first environment where users connect, compete, and win in real time, online and in real life. The platform supports geo-located groups for bars, stadiums, and private clubs, as well as recreational sports communities including padel, pickleball, golf, and more.
Slips, a peer-to-peer betting platform, has raised $3.5 million in a series seed round led by Las Olas Capital and Sunset Bay Capital. The round included participation from Andrew Schwartzberg, co-owner of the Charlotte Hornets and Leeds United. The Los Angeles-based company enables users to bet directly against each other rather than against a house, offering products including Heads Up, Pools and AI-generated prediction markets. Slips has achieved over 500% year-on-year growth and recently expanded into real-world experiences at bars, stadiums and sports clubs. The funding will support technology development, team expansion and user acquisition. Premium memberships grew more than 300% in the first month following the recent launch of ACH payouts. The company is also exploring cryptocurrency payment support and international expansion.
Slips partners with AeroPay to unlock faster ACH payouts and enhanced liquidity. Slips expands its payments stack with AeroPay, bringing faster ACH payouts, improved liquidity, and a smoother way to move money. Slips has partnered with AeroPay, a leading payments and identity platform trusted across the real-money gaming and prediction market ecosystem. Through this partnership, Slips users now have access to direct ACH payments and payouts, making it easier to move money between Slips and their bank accounts with speed, reliability, and confidence. A better way to move money. At Slips, Startslips believe payments should feel as seamless as gameplay. Connecting a bank account and accessing funds should be simple, transparent, and dependable - especially on a peer-to-peer platform where users are betting against each other, not the house. Slips CEO Jess Richman emphasized why this matters: "Access to winnings isn't a luxury - it's an expectation. Partnering with AeroPay allows us to significantly improve liquidity and payouts while maintaining the trust, security, and compliance our users expect." By integrating AeroPay's ACH capabilities, Slips continues to invest in a financial experience that prioritizes convenience, control, and transparency - giving users more confidence in how and when they access their money. Built alongside industry leaders. AeroPay supports some of the most innovative platforms in the space. Aligning with the same payments infrastructure used by these platforms reinforces Slips' commitment to building with best-in-class partners. For users, that means a payments experience designed for regulated environments and modern real-money applications - not workarounds or legacy flows. Part of a bigger financial roadmap. The AeroPay partnership is one piece of a broader vision for Slips' financial infrastructure. As Richman shared further: "We're building toward a future where moving money is as seamless as placing a bet. This partnership is a major step forward in creating a faster, more flexible financial layer for peer-to-peer gaming." - Exploring a Slips-native stablecoin designed to enable rapid withdrawals - Expanding internationally with broader payment access beginning in 2026 Each of these initiatives is focused on the same goal: reducing friction and giving users more control over their funds. Continuing to build the future of peer-to-peer betting. Payments are a critical part of that experience. This partnership with AeroPay strengthens the foundation Startslips is building on - and sets the stage for what comes next. About Slips. Slips is the next-generation peer-to-peer betting platform where players bet against each other - not the house. Offering Heads Up, Pools, Tourlays, and AI-Generated Prediction Markets, Slips creates a social-first experience where users win, connect, and compete in real time. Claim your $100 bonus! It's easy to do, and you instantly receive it with your first deposit of $10 or more.
Slips, a social peer-to-peer (P2P) betting platform, has launched AI-generated prediction markets, enabling users to bet on a range of topics, including sports, politics, and pop culture.
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Industries
Consumer Software
Financial Services
Entertainment
Gaming
Company Size
1-10
Company Stage
Seed
Total Funding
$3.5M
Headquarters
Los Angeles, California
Founded
2019
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