MateCrate UG
Latest round
- Seed
Last raised
- May 2019
Total raised
- $1.6M
Investors
- 3
About MateCrate UG
MateCrate UG operates a platform that connects users with licensed online casinos, focusing on compliance and player safety.Founded in 2017 by Sebastian Kuch, MateCrate UG is based in Hamburg, Germany.MateCrate UG offers a comprehensive platform for online gambling, featuring a curated list of German-licensed and EU-licensed casinos. Their services include a variety of games such as slots, table games, and live dealer options, catering to diverse player preferences.The revenue model for MateCrate UG is based on affiliate partnerships with online casinos, earning commissions on player sign-ups and activities. Clients looking for legitimate gambling options can navigate the platform, often registering through affiliate links for various casinos. Commission rates are determined by agreements with partnered casinos, influenced by performance metrics such as user engagement.4 million, the company plans to enhance its platform by launching new products that cater to emerging trends in online gambling. They aim to expand their reach into additional European markets by the end of 2023, leveraging funds to improve technology and marketing strategies. This growth strategy is aligned with their goal of increasing user engagement and establishing a stronger foothold in the online gaming sector.
Who invested in MateCrate UG
3 investors across 1 round
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Funding rounds
Seed
May 29, 2019
Amount
$1.6M
Investors
Questions about MateCrate UG
Who invested in MateCrate UG?
MateCrate UG has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has MateCrate UG raised?
MateCrate UG has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did MateCrate UG last raise money?
MateCrate UG's most recent round on record is a Seed, in May 2019.
What does MateCrate UG do?
MateCrate UG operates a platform that connects users with licensed online casinos, focusing on compliance and player safety.
Where is MateCrate UG headquartered?
MateCrate UG is headquartered in Hamburg, Germany.
Which VCs invest in companies like MateCrate UG?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at MateCrate UG's stage. Their profiles are linked below.
VCs backing software startups at Seed
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