Sparket: The Social Betwork™ (Equity)
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
Funding Amount
$226,327,030,000
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
Market
Live Event Wagering
Location
Los Angeles, CA, US
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.

Links
Website
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