Recent Acquisition Expansion Following DraftKings' acquisition of Simplebet for $195 million, there is an opportunity to leverage the increased resources and market presence to upsell additional sports betting and fan engagement solutions, especially tailored integration services.
Innovative Micro-Betting Simplebet's launch of micro-betting offerings, including collaborations with the Indoor Football League and its recent March Madness tracker, presents prospects for further product customization and expansion into emerging live betting markets across different sports leagues.
Technological Expertise With a tech stack featuring advanced tools like Docker, Java, Erlang, and Django, Simplebet demonstrates technical sophistication, making it a strong candidate for partnerships offering cutting-edge sports betting software, platform integration, or cloud hosting services.
Market Positioning Simplebet’s recognition as an Official Sports Betting Innovation Partner for LIV Golf and its strategic deals with industry leaders suggest a solid foothold in the sports betting innovation space, opening doors for collaboration with other major sports brands or betting operators seeking differentiation.
Revenue & Growth Potential With revenues estimated between $10 million and $25 million and recent funding of $9.5 million, there is potential for further investment or partnership opportunities to scale product offerings, especially in emerging markets and new sports segments where betting engagement is increasing.
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$1MSimplebet uses 8 technology products and services including Ansible, Docker, Open Graph, and more. Explore Simplebet's tech stack below.
| Simplebet Email Formats | Percentage |
| FirstL@simplebet.io | 60% |
| First@simplebet.io | 26% |
| Last@simplebet.io | 6% |
| FirstLast@simplebet.io | 5% |
| Last.F@simplebet.io | 1% |
| LastF@simplebet.io | 1% |
| FL@simplebet.io | 1% |
Software DevelopmentNew York, United States51-200 Employees
Our mission is to power the future of fan engagement. Simplebet is a B2B product development company using machine learning and automation to make every moment of every sporting event a betting opportunity. We are also reimagining the sports betting user experience – enabling sports fans to interact with products that are simple, intuitive, and entertaining.
Company Overview
Funding & FinancialsSimplebet has raised a total of $9.5M of funding over 5 rounds. Their latest funding round was raised on Oct 13, 2023 in the amount of $9.5M.
Simplebet's revenue is estimated to be in the range of $10M$25M
Funding & FinancialsSimplebet has raised a total of $9.5M of funding over 5 rounds. Their latest funding round was raised on Oct 13, 2023 in the amount of $9.5M.
Simplebet's revenue is estimated to be in the range of $10M$25M
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