# Stakester

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/stakester

- Industry: Software
- Headquarters: London, UK
- Website: www.stakester.com
- Total disclosed funding: $3.1M
- Latest round: Seed (Nov 6, 2020)
- Investors on record: 1

## About

Stakester Ltd is an online platform that connects users with legitimate sweepstakes casinos, enhancing user engagement through a curated directory and exclusive promotional offers.Founded in 2019 and headquartered in London, UK, Stakester Ltd specializes in facilitating access to sweepstakes casinos. The company was founded by Gary Foreman, Leander Hambley, Ross Nicol, and Tom Fairey. In November 2020, Stakester secured GBP 2.35 million in Seed funding led by RTP Global, bringing the total amount raised to GBP 2.35 million and a current valuation of GBP 16.29 million.Stakester operates as an online directory focused on sweepstakes casinos, providing a platform that empowers American users to engage with legitimate and trusted sites for online gaming. The core offerings include a comprehensive directory of sweepstakes casinos, which enhances user experience by filtering options based on categories, payment methods, and game types. Stakester features exclusive deals, promotional codes, and user insights, curated based on feedback from thousands of players, targeting a diverse client base, from casual gamers to serious players seeking safe and legal options in various states across the United States.Stakester's revenue model revolves around facilitating user access to sweepstakes casinos, generating income through partnerships with these casinos and promotional deals. The business structure encompasses direct-to-consumer transactions, allowing users to explore casinos and utilize promotional offers at no initial cost. While specific pricing plans for services are not disclosed, the platform supports optional purchases of Gold Coins, which may include bonus Sweeps Coins for gameplay. Stakester aligns with verified platforms, creating revenue streams based on traffic and engagement to its partner casinos.In November 2020, Stakester Ltd raised GBP 2.35 million in Seed funding, with plans to utilize these resources for developing new products and enhancing their platform. The company aims to expand its reach into new markets across the United States, adapting to regional legal complexities surrounding sweepstakes laws. This funding will support marketing initiatives and technology enhancements to improve user experience and engagement as they target a broader audience.

## Funding rounds

- Seed, Nov 6, 2020, $3.1M — RTP Global

## Investors

- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Seed