Oxynade
Latest round
- Series A
Last raised
- Dec 2008
Total raised
- $0.7M
Investors
- 2
About Oxynade
Founded in 2007 in Gent, Belgium, Oxynade specializes in online sports betting services.8 million from Newion Investments.Oxynade provides a user-friendly online platform for sports betting, which includes real-time betting on various sporting events and a wide selection of leagues. Its services are tailored to both novice and experienced bettors, featuring competitive odds, live streaming, and a mobile application for convenient betting.The revenue model of Oxynade primarily relies on transaction fees from sports betting activities. The company retains a percentage of the wagers placed by customers, which spans both pre-match and live betting. This transactional structure establishes direct relationships with users accessing the platform for their betting needs. Specific upcoming offerings are under design, with a focus on improving user engagement through enhanced features. The company aims to strengthen its presence in Poland and explore additional markets by targeting regions with growing interest in online sports betting.
Who invested in Oxynade
2 investors across 1 round
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Funding rounds
Series A
Dec 24, 2008
Amount
$0.7M
Investors
Questions about Oxynade
Who invested in Oxynade?
Oxynade has 2 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 Oxynade raised?
Oxynade has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Oxynade last raise money?
Oxynade's most recent round on record is a Series A, in Dec 2008.
What does Oxynade do?
Founded in 2007 in Gent, Belgium, Oxynade specializes in online sports betting services.
Where is Oxynade headquartered?
Oxynade is headquartered in Gent, Belgium.
Which VCs invest in companies like Oxynade?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back internet companies at Oxynade's stage. Their profiles are linked below.
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