Fundz

Betr Raises $35M In Series A2 At $300M Pre-Money Valuation

PRIVATEJun 27, 2023

Amount Raised

$35 Million

Round Type

Series A

Sports

Investors

Aliya Capital PartnersFlorida FundersFin Sight VenturesJoey LevyFuelFuel Venture CapitalEberg CapitalIA Sports VenturesRoger EhrenbergBetr Holdings Inc.

Description

Betr Holdings Inc. ("Betr" or the "Company"), today announced its $35M Series A2 round of financing valuing the company at $300M pre-money. The Company held a set of initial closings for its Series A2 round of financing in Q2 and is scheduled to conduct a final closing in Q3. The round is co-led by Roger Ehrenberg via IA Sports Ventures and Eberg Capital, and Fuel Venture Capital, with Fuel expanding their investment size in Betr from $10M invested to date to $20M total

Quick answer

Betr raised $35 Million in a Series A round, dated June 27, 2023. Investors: Aliya Capital Partners, Florida Funders, Fin Sight Ventures, Joey Levy, Fuel, Fuel Venture Capital, Eberg Capital and IA Sports Ventures.

How much did Betr raise?
Betr raised $35 Million in a Series A round on June 27, 2023.
Who invested in Betr?
Aliya Capital Partners, Florida Funders, Fin Sight Ventures, Joey Levy, Fuel, Fuel Venture Capital, Eberg Capital and IA Sports Ventures are named as investors in this round.
What does Betr do?
Betr Entertainment is a sports betting company aiming to become a leading wagering player in Australia.
Where is Betr based and how big is it?
Fundz records about 137 employees.
Who are the decision-makers at Betr?
Fundz holds 2 contacts at Betr. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Sports around the same time

Companies in the same sectors as Betr that raised within 45 days of this round, from Fundz verified event records.

  • Sports Visio, Inc. raised $3M (Seed) on August 4, 2023.
  • Rolla raised $6.9M (Seed) on August 3, 2023.
  • Signing Day Sports raised $150K (Seed) on August 2, 2023.
  • Greenwave raised $15M on July 31, 2023.
  • ScorePlay raised $5M (Seed) on July 26, 2023.
  • TendoNova raised $762K (Seed) on July 17, 2023.

Who to call at Betr, and when

A new round usually means Betr is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Betr

About

Betr Entertainment is a sports betting company aiming to become a leading wagering player in Australia. The company focuses on delivering enhanced value to shareholders through strategic acquisitions. Betr has recently expanded its influence in the industry by acquiring significant stakes in competitors.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Betr raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.