Funding Details
- Awarder
- StartEngine
- Date Award
- January 28, 2023
- Vertical
- iGaming
- Funding URL
- View Funding Page
- Premoney Valuation
-
$1,000,000
- Valuation
-
$13,210,000
Company Info
- Founding Year
- 2022
- Traction
- We've already had initial proof of concepts in private beta with thousands of users via free-to-play contests in partnership with casinos, golf clubs, and esports tournaments. Our successful trial event at the Cahuilla Casino led to a year-long contract. We've already achieved our first month of 5-figure revenue (August 2022) even before launching our real money partnerships.
- Revenue Amount
-
$30,000,000
- Organizations Involved
- Cahuilla Casino, Gaming Labs International, UCLA Venture Accelerator
- Founders
- Aaron Basch, Evan Fisher, Alex Ispa-Cowan
- Company Description
- Sparket has created The Social Betwork™, an innovative igaming platform helping our operating partners grow their live event wagering volume and reach. We provide a bet-on-anything platform allowing users to place bets within their communities (Betworks), from professional sports to e-sports, reality TV, award shows, golf tournaments, and more. Our technology is patent pending with the USPTO, and is built with an eye on integrating Web 3.0 and blockchain technologies by decentralizing the entire wagering process.
- Market
- Live Event Wagering
- Location
-
Los Angeles,
CA,
US
- Coinvestors
- None
Links