# Unikrn

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

- Industry: Software
- Headquarters: Seattle, US
- Website: www.unikrn.com
- Total disclosed funding: $10M
- Latest round: Series A (Jun 30, 2015)
- Investors on record: 6

## About

Unikrn is a specialized platform for esports betting, enabling users to place wagers on various esports events while providing detailed statistics and updates to enhance user engagement.Founded in 2014 in Seattle, US, Unikrn focuses on esports betting as its primary business model. The company was established by Karl Flores and Rahul Sood, with Karl Flores currently serving as CEO. Unikrn has successfully raised a total of USD 7.00 mn through three different funding rounds, with the latest being a Series A round in September 2015, led by Binary Capital. Other investors in this round included 500 Global, Advancit Capital, Freelands Ventures, and Indicator Ventures.Unikrn.com specializes in esports betting, offering a platform where users can place wagers on a variety of esports events. The platform features live betting options, detailed statistics, and updates relevant to the esports community, catering to casual gamers, esports fans, and professional bettors. It operates across multiple geographical markets, including North America, Europe, and parts of Asia, enhancing the betting experience for users by providing a wealth of information and a user-friendly interface.Unikrn.com generates revenue primarily from transaction fees associated with bets placed by users on its platform. The revenue model is based on the difference between the total amount wagered by users and the payouts made for winning bets, creating a sustainable income stream from its services. While specific pricing details are not disclosed, the platform is designed to facilitate seamless betting experiences for its clients, contributing positively to its financial performance.Unikrn aims to expand its offerings and geographic presence with innovative products targeting the esports market. The company is currently working on new features and enhancements to its betting platform, with plans to introduce them in the near future. Furthermore, following the funding round in September 2015, Unikrn intends to utilize the capital raised to support its growth initiatives and explore new market opportunities in regions with high esports engagement, aiming to broaden its client base by entering additional markets.

## Funding rounds

- Series A, Jun 30, 2015, $7M — 500 Global, Advancit Capital, Binary Capital, Indicator Ventures, Freelands Ventures
- Seed, Feb 9, 2015, $3M — Indicator Ventures, Rubicon Venture Capital

## Investors

- Indicator Ventures (https://capitalatlas.ai/funds/indicator-ventures) — Seed, Series A
- Rubicon Venture Capital (https://capitalatlas.ai/funds/rubicon-venture-capital) — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A
- Advancit Capital (https://capitalatlas.ai/funds/advancit-capital) — Series A
- Binary Capital (https://capitalatlas.ai/funds/binary-capital) — Series A
- Freelands Ventures — Series A