# iForem

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

- Industry: Internet
- Headquarters: Redwood City, US
- Total disclosed funding: $3.4M
- Latest round: Series A (Feb 3, 2009)
- Investors on record: 1

## About

iForem is an online platform specializing in providing comprehensive data and analysis for sports betting, primarily focusing on football betting markets and enhancing user experience with expert insights.iForem, founded in 2006 and headquartered in Redwood City, US, operates as a dedicated platform for sports betting information. The company has executed a total of 4 deals, with the most recent being on January 15, 2010, when it raised USD 2 mn from Gabriel Venture Partners. The founder's history is not specified, nor are there any mentions of subsidiaries or significant pivots in business strategy.iForem operates as a specialized online platform for sports betting, providing detailed insights into various football leagues, including the English Premier League, La Liga, Serie A, and the UEFA Champions League. The platform offers expert analyses and accurate betting predictions, designed to facilitate informed decisions among sports enthusiasts and bettors primarily in Vietnam and other Southeast Asian markets.iForem generates revenue through advertising partnerships and commission-based earnings from betting transactions facilitated on its platform. The company partners with various online casinos and betting houses, earning commissions on referred traffic and active bettors. Customer interactions typically involve accessing expert betting advice before placing bets through partner sites linked on its website, with revenue tied to the volume of bets placed by users utilizing iForem's services.With the recent funding of USD 2 mn received on January 15, 2010, from Gabriel Venture Partners, iForem plans to enhance its platform by designing new product offerings aimed at improving user engagement and betting strategies. Additionally, the company is looking to expand its market reach beyond Vietnam into other Southeast Asian regions. Specific timelines for these initiatives have yet to be disclosed.

## Funding rounds

- Series A, Feb 3, 2009, $1.3M — Gabriel Venture Partners
- Series A, Oct 26, 2008, $0M — Gabriel Venture Partners
- Series A, Feb 23, 2007, $2M — Gabriel Venture Partners

## Investors

- Gabriel Venture Partners (https://capitalatlas.ai/funds/gabriel-venture-partners) — Series A