Latest round

Series B

Last raised

Mar 2016

Total raised

$1M

Investors

3

About dietbet

Founded in 2010 in New York, US, DietBet is a company that enables individuals to achieve weight loss goals through community challenges. The founders, Cristina Leal and Jamie Rosen, have experience in developing engaging platforms.DietBet offers core products that focus on enhancing weight loss engagement through online challenges. The primary service allows users to bet on their own weight loss goals, creating a competitive yet supportive environment.The company's revenue model is based on participant entries into weight loss challenges, where users contribute to a pot that is distributed among successful participants. Additionally, DietBet generates income through fees associated with its platform, including transactions related to challenge entries.Looking ahead, DietBet plans to expand its offerings by developing new features aimed at enhancing user experience, with a focus on mobile application improvements slated for late 2023. The company is also targeting expansion into European and Asian markets by mid-2024 to capture a wider audience interested in fitness and weight loss.

Who invested in dietbet

3 investors across 2 rounds

See all investors in dietbet

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series B

    Mar 15, 2016

    Amount

    Undisclosed

    Investors

    Locked

  2. Seed

    Sep 29, 2011

    Amount

    $1M

    Investors

    Locked

Questions about dietbet

Who invested in dietbet?

dietbet has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has dietbet raised?

dietbet has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did dietbet last raise money?

dietbet's most recent round on record is a Series B, in Mar 2016.

What does dietbet do?

Founded in 2010 in New York, US, DietBet is a company that enables individuals to achieve weight loss goals through community challenges.

Where is dietbet headquartered?

dietbet is headquartered in New York, US.

Which VCs invest in companies like dietbet?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at dietbet's stage. Their profiles are linked below.

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