Fundz

Sharplink Secures Financing To Accelerate Current Growth Initiatives

PUBLIC · SBETFeb 16, 2023

Round Type

Funding Round

MinneapolisInformation TechnologyArtificial IntelligenceGaming

Investors

Platinum Bank

Description

MINNEAPOLIS, MN / February 16, 2023 / SharpLink Gaming Ltd. (NASDAQ:SBET) ("SharpLink" or the "Company"), a pioneer of targeted conversion solutions for the U.S. sports betting and iGaming industries, today announced that on February 15, 2023, it closed on a $4.4 million convertible debenture through a non-brokered private placement with an existing institutional shareholder of the Company. On February 13, 2023, SharpLink also signed a two-year, $7.0 million revolving loan agreement with its current commercial lender, Platinum Bank

Quick answer

SharpLink raised an undisclosed amount in a Funding Round round, dated February 16, 2023. Investors: Platinum Bank. SharpLink is based in Minneapolis, Minnesota, United States.

How much did SharpLink raise?
SharpLink raised an undisclosed amount in a Funding Round round on February 16, 2023.
Who invested in SharpLink?
Platinum Bank is named as investors in this round.
What does SharpLink do?
SharpLink is a technology company focused on innovative solutions in the digital landscape.
Where is SharpLink based and how big is it?
SharpLink is based in Minneapolis, Minnesota, United States. Fundz records about 28 employees.
Who are the decision-makers at SharpLink?
Fundz holds 1 contact at SharpLink, including the Founder and CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Gaming and Artificial Intelligence around the same time

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

  • Believer raised $55M (Funding Round) on March 7, 2023.
  • Latent Technology raised $2.1M (Seed) on February 6, 2023.
  • Scenario raised $6M (Funding Round) on January 19, 2023.
  • Squint raised $3.5M (Seed) on March 31, 2023.
  • Verses Technologies raised an undisclosed amount (Convertible Note) on March 31, 2023.
  • Permia Sensing raised $326K (Seed) on March 30, 2023.

Who to call at SharpLink, and when

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Company Information

Company

SharpLink

Location

Minneapolis, Minnesota, United States

About

SharpLink is a technology company focused on innovative solutions in the digital landscape. The company aims to enhance online experiences through strategic acquisitions. It specializes in integrating cutting-edge technology with robust platforms.

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Related People

1 contact
Verified contactsRob P., Founder and CEOSee plans and pricing
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