# Betmate

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/betmate

- Industry: Internet
- Headquarters: Liverpool, UK
- Website: www.betmate.app
- Total disclosed funding: $2M
- Latest round: Series A (Jan 8, 2025)
- Investors on record: 1

## About

Established in 2020 and based in Liverpool, UK, Betmate Ltd engages in providing a betting application. The company was founded by Ryan Lawrence and Declan Dowling. In January 2025, Betmate Ltd raised USD 2 million in Series A funding led by Accelerate Ventures.

Betmate offers a social betting platform, transforming traditional sports betting into an engaging peer-to-peer experience. The firm’s core offerings include various game modes such as Daily Fantasy Football, FT Result, and a spin on Last Man Standing, allowing users to predict match outcomes and compete against friends or the wider Betmate community. The company offers a range of peer-to-peer betting games on sports, primarily focused on football.

Betmate generates revenue through entry fees collected from users participating in various betting pots, which are structured to include multiple winners.

The company plans to utilize the funding raised in January 2025 to support the expansion of the company's offerings.

## Funding rounds

- Series A, Jan 8, 2025, $2M — Accelerate Ventures

## Investors

- Accelerate Ventures (https://capitalatlas.ai/funds/accelerate-ventures) — Series A