# Special Project

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/special-project

- Industry: Software
- Headquarters: Bozeman, US
- Website: www.specialproject.io
- Total disclosed funding: $4.6M
- Latest round: Seed (Aug 6, 2020)
- Investors on record: 5

## About

Special Project Inc. is an innovative company focused on developing a versatile online platform for sports betting and casino gaming, catering to a diverse range of customers seeking engaging and reliable betting experiences.Special Project Inc. operates as an online sports betting platform based in Bozeman, US. Founded in 2007 by Sam Lucas, the company has evolved its business model to enhance user experience. The firm has raised a total of USD 2.26 mn, with the latest funding round, Seed, occurring on August 6, 2020, from Next Frontier Capital and other unspecified investors.Special Project Inc. provides a wide range of online sports betting options, including football betting and Asian handicaps, alongside various online casino games. The platform is designed for both novice and experienced users, ensuring a seamless and intuitive experience. Customers can easily create accounts to access an extensive selection of games and betting markets, benefitting from updates on the latest odds and opportunities. The company primarily serves the Vietnamese market, bolstered by international gaming licenses to ensure secure and trustworthy operations.The revenue model of Special Project Inc. is based on transaction-based earnings from user bets and game participation. The platform earns commissions on each wager placed by customers on various sporting events and casino games. As a B2C model, users interact directly with the platform, which may offer promotional incentives such as sign-up bonuses and cashback rewards to enhance user engagement. The revenue is driven significantly by the volume of bets placed across its offerings, particularly in sports betting and online casino games.Following the recent Seed funding round of USD 2.26 mn in August 2020, Special Project Inc. aims to enhance its platform by introducing new products and features designed for improved user engagement. The company is also planning to expand its reach into new geographic markets, specifically targeting regions within Southeast Asia by the end of 2023. The funding will support these initiatives, ensuring the firm can implement technology upgrades and marketing strategies to attract a broader customer base.

## Funding rounds

- Seed, Aug 6, 2020, $2.3M — Next Frontier Capital
- Seed, Mar 6, 2020, $2.3M — Service Provider Capital, Next Frontier Capital, Next Coast Ventures, Springtime Ventures, 30WEST

## Investors

- Service Provider Capital (https://capitalatlas.ai/funds/service-provider-capital) — Seed
- Next Frontier Capital (https://capitalatlas.ai/funds/next-frontier-capital) — Seed
- Next Coast Ventures (https://capitalatlas.ai/funds/next-coast-ventures) — Seed
- Springtime Ventures (https://capitalatlas.ai/funds/springtime-ventures) — Seed
- 30WEST — Seed