Simplebet, a NYC-based sports betting technology company, closed a Series B funding round ofĀ $11MĀ in March 2020.
The company has raised $35m in funding to date.
Current investors include: MLB’sĀ San Francisco Giants Baseball Club,Ā David BlitzerĀ (Co-Owner & Co-Managing Partner, Philadelphia 76ers, New Jersey Devils & Crystal Palace FC),Ā Jeff MallettĀ (Founding COO & President, Yahoo; Principal Partner, San Francisco Giants & Co-Owner/Executive Chairman, Vancouver Whitecaps FC),Ā Steve Ellman(Former Owner/Chairman, Phoenix Coyotes),Ā David LevyĀ (Former, AT&T/Warner Media),Ā Howard SchultzĀ (Chairman Emeritus, Starbucks),Ā Gary BarberĀ (Chairman and CEO, Spyglass; Former Chairman & CEO, MGM Studios),Ā Michael WeinbergerĀ (Milwaukee Bucks Investor; Former Partner, York Capital Management),Ā Andre Agassi,Ā Jordan LevyĀ (Managing Partner, Softbank Capital NY),Ā Sara SlaneĀ (Former SVP Public Affairs, American Gaming Association),Ā George RoverĀ (Former Deputy Director, Division of Gaming Enforcement, New Jersey), andĀ David BaronĀ (Global Partner, Head of Tech, Rothschild & Co), among others.
Co-founded in 2018 byĀ Chris Bevilacqua,Ā Joey Levy, andĀ Scott Marshall, Simplebet is a B2B product development company using machine learning and automation to enable every moment of every sporting event to become a betting opportunity. Its proprietary use of machine learning and automation has created a new category of in-play betting called Micro-Markets, which are in-game betting markets that are created and resulted in just minutes or seconds, driving fan engagement and sports betting to a new level. Later this year, the company will launch products for other professional leagues with partners who are established players within the sports betting and media industries.
FinSMEs
13/08/2020