Strategic Acquisition The recent acquisition of SimpleBet by DraftKings for $195 million indicates a high level of industry interest and validates SimpleBet's technological capabilities, presenting opportunities for joint product development and expanded integration with larger sports betting platforms.
Innovative Micro-Betting SimpleBet's launch of IFL micro-betting and its history of collaborating with major operators like DraftKings showcase its expertise in cutting-edge betting products, making it an ideal partner for firms seeking to enhance their micro-betting offerings and capitalize on growing sports betting trends.
Market Positioning With a revenue range of $10M to $25M and recent recognition as an official innovation partner for LIV Golf, SimpleBet demonstrates strong market positioning and a competitive edge in sports betting product innovation, appealing to companies looking for advanced engagement solutions.
Technology Advantage Utilizing advanced machine learning and automation tools like PyTorch, SQL, and Splunk, SimpleBet provides a technologically sophisticated platform suitable for sports operators aiming to deliver intuitive, engaging, and state-of-the-art betting experiences.
Growth Opportunities With a dedicated team of up to 200 employees and ongoing product launches such as the March Madness tracker, SimpleBet offers scalability and continuous innovation, making it a compelling option for companies seeking to expand their sports betting portfolios.
$250M$500M
$10M$25M
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$1M$10M
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$1MSimpleBet uses 8 technology products and services including BEAM, Unpkg, SQL, 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 DevelopmentUnited 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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