Latest round

Series C

Last raised

Jan 2026

Total raised

$61M

Investors

6

About Midnite

Midnite is a UK-based online sports betting platform that provides a wide range of betting options across multiple sports and gaming categories, catering to both casual and seasoned bettors. Founded in 2015 by Daniel Qu and Nick Wright, Midnite operates from London, UK, offering online sports betting services. Midnite operates as an online sports betting platform, offering a comprehensive suite of betting options across various sports and gaming categories. Their core product offerings include sports betting on events such as football, horse racing, basketball, and esports, alongside casino games and live dealer experiences. The platform is designed to provide users with a seamless betting experience, enabling customers to place bets on pre-match and in-play events, access virtual games, and participate in promotions that enhance engagement. Midnite primarily serves customers in Great Britain and Ireland, with an emphasis on attracting both casual and experienced bettors who seek a reliable and entertaining gaming environment. Midnite's revenue model is predominantly driven by the collection of stakes from bettors across its sports betting and casino offerings. Users place bets on various sports events or games, and the company generates revenue through the difference between the total stakes and the payouts made to winning customers. The platform employs a direct-to-consumer approach, facilitating transactions through online betting accounts. Customers engage with Midnite by placing pre-match and in-play bets, potentially benefiting from promotional offers that incentivize higher stake amounts, while ensuring compliance with regulatory standards in the jurisdictions served.

Who invested in Midnite

6 investors across 3 rounds

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Funding rounds

  1. Series C

    Jan 4, 2026

    Amount

    $35M

    Investors

    Locked

  2. Series B

    Nov 5, 2024

    Amount

    $10M

    Investors

    Locked

  3. Series A

    Feb 1, 2022

    Amount

    $16M

    Investors

    Locked

Questions about Midnite

Who invested in Midnite?

Midnite has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Midnite raised?

Midnite has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Midnite last raise money?

Midnite's most recent round on record is a Series C, in Jan 2026.

What does Midnite do?

Midnite is a UK-based online sports betting platform that provides a wide range of betting options across multiple sports and gaming categories, catering to both casual and seasoned bettors.

Where is Midnite headquartered?

Midnite is headquartered in London, UK.

Which VCs invest in companies like Midnite?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back travel & leisure companies at Midnite's stage. Their profiles are linked below.

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