# ZenSports

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

- Industry: Internet
- Headquarters: Miami, US
- Website: www.zensports.com
- Total disclosed funding: $3.9M
- Latest round: Series A (Mar 16, 2021)
- Investors on record: 9

## About

Founded in 2016 and based in California, US, ZenSports, Inc. develops a peer-to-peer sports betting marketplace that enables individuals to create and accept sports bets with each other through a mobile app. Etan Mizrahi-Shalom and Mark Thomas are the co-founders of the company. In March 2021, the firm raised USD 2.4 million in Series A funding from Gaingels, MicroVentures, Calm Ventures, Twenty Five Ventures, and Allied Ventures Partners.

The company offers the best choice for sports betting, with ZenSports, customers can choose to bet against the house or create their own bets with their own odds and terms (peer-to-peer). The firm also offers more options for sports bettors to fund their accounts and which currencies they can wager in. The platform also provides social features that enable players to live stream themselves playing and sharing pictures, videos, and stories that are going on in their sporting lives. ZenSports also offers its own cryptocurrency utility token called SPORTS for betting and paying fees. By betting with SPORTS tokens, customers can earn discounted betting fees, cashback bonuses, and other cool and fun rewards. 

ZenSports plans to use the March 2021 funding to complete its U.S. gaming license applications that it has on file in Nevada and Tennessee.

## Funding rounds

- Series A, Mar 16, 2021, $2.4M — Allied Ventures, MicroVentures, Gaingels, Calm Ventures, 25V
- Seed, Sep 15, 2020, $1.5M — LAUNCH, Cube Magic Limited
- Angel, Jan 15, 2018, $0.1M — Right Side Capital Management, Forum Ventures

## Investors

- Right Side Capital Management (https://capitalatlas.ai/funds/right-side-capital-management) — Angel
- Forum Ventures (https://capitalatlas.ai/funds/forum-ventures) — Angel
- LAUNCH (https://capitalatlas.ai/funds/launch) — Seed
- Cube Magic Limited — Seed
- Allied Ventures (https://capitalatlas.ai/funds/allied-ventures) — Series A
- MicroVentures — Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- Calm Ventures (https://capitalatlas.ai/funds/calm-ventures) — Series A
- 25V (https://capitalatlas.ai/funds/25v) — Series A
