Fundz

Betr Holdings, Inc. raised $15 million in strategic equity financing to accelerate its sports gaming and media businesses.

PRIVATEMar 06, 2024

Amount Raised

$15 Million

Round Type

Venture

Sports

Investors

Roger Ehrenberg/Eberg CapitalAliya Capital PartnersFuel Venture Capital10x CapitalHarmony Partners

Description

Betr Holdings, Inc. announced the closure of $15 million in strategic equity financing, bringing its total funding to date to $100 million. The round was co-led by Harmony Partners and 10x Capital, with participation from Fuel Venture Capital, Aliya Capital Partners, and Roger Ehrenberg/Eberg Capital, alongside others. The funding will be used to drive growth across Fantasy, Sportsbook, Casino, and Media divisions, as well as for market access expansion plans and hiring strategic senior leadership.

Quick answer

Betr raised $15 Million in a funding round, dated March 6, 2024. Investors: Roger Ehrenberg/Eberg Capital, Aliya Capital Partners, Fuel Venture Capital, 10x Capital and Harmony Partners.

How much did Betr raise?
Betr raised $15 Million in a funding round on March 6, 2024.
Who invested in Betr?
Roger Ehrenberg/Eberg Capital, Aliya Capital Partners, Fuel Venture Capital, 10x Capital and Harmony Partners 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.

  • Michael Waltrip Brewing raised $200K (Pre-Seed) on April 19, 2024.
  • Pure Watercraft, Inc. raised $38M on April 15, 2024.
  • Brera Holdings raised $425K (Seed) on April 5, 2024.
  • Victory League raised $4M (Seed) on March 27, 2024.
  • Fast Break Labs raised $6M (Seed) on March 26, 2024.
  • Valera Health raised $9.1M on March 26, 2024.

Who to call at Betr, and when

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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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