betr

betr

Digital platform for fantasy sports and microbetting

About betr

Simplify's Rating
Why betr is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Fintech

Gaming

Company Size

51-200

Company Stage

Seed

Total Funding

$116.7M

Headquarters

Miami, Florida

Founded

2022

Overview

Betr.app is a digital platform that merges fantasy sports with microbetting, targeting sports fans who want to engage in betting on their favorite leagues like the NFL, NBA, MLB, and NHL. The platform features two main offerings: Betr Picks and Microbetting. Betr Picks allows users to make multiple bets on player statistics, with the potential to win up to 100 times their entry, enhancing the traditional fantasy pick'em experience. Microbetting provides users with the opportunity to place bets on specific moments during live sporting events, catering to those who enjoy the fast-paced nature of sports. Betr.app generates revenue through entry fees from users participating in these betting games, making it distinct from competitors by focusing on both fantasy elements and real-time betting. The goal of Betr.app is to create an engaging and exciting betting experience for sports enthusiasts.

📈
Significant Headcount Growth
💵
Funded Recently
Simplify Jobs

Simplify's Take

What believers are saying

  • Betr's expansion into 33 states increases its potential customer base significantly.
  • The acquisition of Huddle Tech's technology enhances Betr's sports gaming platform capabilities.
  • Collaborations with media personalities boost Betr's brand visibility and audience reach.

What critics are saying

  • Increased competition from FanDuel and DraftKings may impact Betr's market share.
  • Rapid state expansion could lead to regulatory challenges and compliance issues.
  • Reliance on Huddle Tech's technology poses integration risks if deployment issues arise.

What makes betr unique

  • Betr offers instant gratification through microbetting on live sports events.
  • Betr Picks allows users to win up to 100 times their entry on player stats.
  • Betr's peer-to-peer 'Group Mode' enhances user engagement in fantasy sports.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$116.7M

Above

Industry Average

Funded Over

2 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

5%

1 year growth

6%

2 year growth

6%
Pulse 2.0
Oct 11th, 2024
Betr: Alex Kuwada Named As Head of Marketing

Alex Kuwada, formerly the Senior Director of Growth at FanDuel, joined Betr as Head of Marketing.

Yogonet
Sep 6th, 2024
Haliey Welch joins Betr media with new podcast "Talk Tuah"

Haliey Welch joins Betr media with new podcast "Talk Tuah"

Kotaku
Sep 4th, 2024
Hawk Tuah Girl Launching Podcast With Jake Paul's Sports Betting Company

On September 3, Betr announced that it was partnering with Welch to launch a Hawk Tauh girl podcast, Talk Tuah, and that the first episode would go live on September 10.

iGaming Business
Sep 3rd, 2024
Quickness, convenience key themes as US wagering platforms roll out upgrades as football season begins

Known for its microbetting product, Betr launched "Betr Picks," a fantasy product, about a year ago.

Yogonet
Sep 2nd, 2024
Betr expands with new peer-to-peer product and sportsbook launch

Sports betting and media company Betr has announced the rollout of its new peer-to-peer fantasy sports product, "Group Mode," for Betr Picks.

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for betr right now.

Find jobs on Simplify and start your career today

💡
We update betr's jobs every 8 hours, so check again soon! Browse all jobs →