# Mark One

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mark-one

- Industry: Consumer Products
- Headquarters: San Francisco, US
- Website: www.myvessyl.com
- Total disclosed funding: $7M
- Latest round: Seed (Jun 16, 2016)
- Investors on record: 3

## About

Mark One is a technology-driven company that creates innovative solutions for the online gambling industry, leveraging cutting-edge software to enhance user engagement and streamline access to lottery services.Founded in 2013 in San Francisco, US, Mark One specializes in online gambling solutions. The company has completed 3 deals with its most recent being a Seed funding round in June 2016, raising USD 4.00 mn from Intel Capital, which brings the total amount raised to USD 4.00 mn.Mark One provides a sophisticated online platform tailored for 4D lottery and betting services, primarily targeting the Indonesian market. The platform features a secure interface for users to participate in various lottery games, catering to a wide demographic of players, including casual bettors and serious gamblers. Operating under official licenses, Mark One ensures compliance with local regulations while offering access to international lottery markets.The revenue model of Mark One is fundamentally based on transaction fees generated from users engaging with lottery tickets and betting services. The company earns income by taking a percentage of user wagers, alongside fees for transactional services, and operates a direct-to-consumer model that enhances user experience and engagement through its platform.Mark One plans to utilize the recent USD 4.00 mn Seed funding to develop new features and enhance its platform. They are targeting expansion into additional Southeast Asian markets by the end of 2024 to cater to the growing appetite for online lottery services. The investment will support product development and marketing strategies focused on these new regions.

## Funding rounds

- Seed, Jun 16, 2016, $4M — Intel Capital
- Seed, Aug 21, 2014, $3M — Felicis Ventures, Horizons Ventures

## Investors

- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Seed
- Horizons Ventures — Seed
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Seed