Strategic Acquisition The recent acquisition of Simplebet by DraftKings for $195 million indicates strong market confidence and expanded distribution channels, presenting opportunities to collaborate or integrate services with DraftKings' extensive sports betting platform.
Innovative Product Launches Simplebet's launch of micro-betting offerings, including the partnership with Indoor Football League and the March Madness tracker, demonstrates their capacity to deliver innovative, engaging betting products that can be customized for diverse sporting events and betting markets.
Expanding Market Presence Recognition as the Official Sports Betting Innovation Partner for LIV Golf and ongoing collaborations signal a growing reputation in the sports betting space, making Simplebet an attractive partner for brands seeking cutting-edge engagement solutions.
Technology Stack and Scalability Utilizing advanced tools such as Docker, Java, Erlang, and Django, Simplebet's technology infrastructure offers scalable solutions adaptable to various betting applications, ideal for clients looking for robust and flexible development support.
Growth and Investment With a revenue range of $10M-$25M and recent funding of $9.5 million, the company is positioned for growth, presenting opportunities for investors and partners interested in innovative sports betting technology and expanding their market share.
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$10M$25M
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$1M
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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 States11-50 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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