# Onyx Odds

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/onyx-odds

- Industry: Travel & Leisure
- Headquarters: New York, US
- Website: www.onyxodds.com/
- Total disclosed funding: $20M
- Latest round: Series A (Jun 24, 2026)
- Investors on record: 3

## About

Onyx Odds, based in the US, specializes in innovative sports predictions and cryptocurrency trading, offering engaging platforms for social gaming and live betting.Onyx Predictions LLC, operating as Onyx Odds, was founded in New York, US, in 2024. The company focuses on sports predictions and social gaming. In June 2026, Onyx raised USD 20 mn in Series A funding, led by Kraken, with participation from Breyer Capital and Xfund. This funding marked the first significant investment, bringing the total amount raised to USD 20 mn and the company valuation to USD 220 mn.Onyx offers a suite of products centered around sports predictions, social gaming, and cryptocurrency trading. Their main offerings include Onyx Social Sports Predictions for live and pregame sports betting, and Onyx DFS (Daily Fantasy Sports), which caters to users in California and Indiana. Furthermore, Onyx is set to launch Onyx Crypto in July, expanding its offerings to over 500 cryptocurrency tokens. The platform serves a diverse customer base across 30+ states, including California, Florida, and Texas, facilitating seamless transactions and enhancing user engagement.Onyx generates revenue through its gaming and trading platforms, focusing on user participation in sports predictions and cryptocurrency transactions. The revenue model is based on direct-to-consumer interactions, primarily from transaction fees related to betting activities and potential partnerships in the gaming industry. Promotions such as 'Spend USD 10 & Get 200 in Bonus Picks' are utilized to enhance user retention. The firm claims to serve over 800,000 users, managing substantial monthly transaction volumes.Onyx plans to utilize the USD 20 mn raised in June 2026 to support infrastructure integration, expand prediction markets, and scale its platform. With the upcoming launch of Onyx Crypto, the company aims to tap into new markets and increase its user base. Future growth strategies include expanding operations into additional states and enhancing product offerings, focusing on regions with high engagement in sports betting and cryptocurrency activities.

## Funding rounds

- Series A, Jun 24, 2026, $20M — Xfund, Breyer Capital, Kraken

## Investors

- Xfund (https://capitalatlas.ai/funds/xfund) — Series A
- Breyer Capital (https://capitalatlas.ai/funds/breyer-capital) — Series A
- Kraken — Series A