Betable company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

betable.com

Stage

Series C | Alive

Total Raised

$50.37M

Last Raised

$25.26M | 5 yrs ago

About Betable

Betable is a real-money gaming platform, which provides the license, support and infrastructure that allow developers to legally integrate real-money gaming into mobile and social games and applications. Betable is dedicated to providing players with world-leading security, player location and identity verification to keep their funds safe and to ensure responsible gaming.

Betable Headquarter Location

334 Brannan Street

San Francisco, California, 94107,

United States

415-543-3387

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Betable News

Pricematch raises €1 Million from Partech to help Hotels stay competitive

Nov 19, 2013

Nov 19, 2013 Contact author Paris startup Pricematch announced this week that they have raised a €1 Million seed round from Partech ( their new seed fund, Partech Entrepreneur ) as well as Silicon Valley fund Tekton Ventures, which previously invested in the seed round of startups like ifeelgoods & Betable. Founded in 2012 by Arthur Waller, Tancrède Besnard, Khalid EL Guitti, Quentin de Metz & Raphael Theron, Pricematch is a SaaS Yield Management platform, meaning that the service dynamically changes pricing for hotel rooms based on supply & demand. To date, the team counts over 200 clients with roughly 7000 rooms, which it owes to its simple on-boarding process (there is a free service for tracking competitors, and a paying service starting at $10/room/month). Under the hood, the three founders, all graduates of top French engineering school Polytechnique, boast a complex yield management algorithm. Head of Business Development Aimé Dushimire says that, while there are competitors out there, including incumbent giant ideas  (acquired by SAS in 2008) and well-funded startup Duetto Research , which raised two rounds totalling $12.2 Million in 2012 (source: crunchbase ), Pricematch is confident that they have an edge over the competition in the European market, and says that they haven’t ruled out the US Market just yet, having hired someone earlier this year to explore opportunities stateside. The new funding will, of course, go primarily to product & sales; the team plans on opening up an office in Rome next month, with another office to open in London in early 2014. Dushimire says that, while, in the US, 70% of hotels are run by chains vs. 30% by independent owners, those numbers are quite the opposite in Europe, and the needs of large hotel chains (satisfied by players like Ideas today) are not the same as a small boutique hotel. Pricematch’s tool hopes to keep independent boutique hotels in business by offering the ability to adjust prices of various rooms dynamically – a service usually managed by full-time employees in large chains like Accor – in order to stay competitive, fill more rooms, and ultimately, make more revenue.

Betable Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Betable Rank

  • Where is Betable's headquarters?

    Betable's headquarters is located at 334 Brannan Street, San Francisco.

  • What is Betable's latest funding round?

    Betable's latest funding round is Series C.

  • How much did Betable raise?

    Betable raised a total of $50.37M.

  • Who are Betable's competitors?

    Competitors of Betable include Smarkets.

You May Also Like

Kalshi Logo
Kalshi

Kalshi is a CFTC regulated exchange dedicated to trading on a new asset class: event contracts. These contracts are structured as questions about whether a future event will happen and can be answered by a simple Yes or No.Covering a wide range of topics from weather to international affairs to media and more, Kalshi’s event contracts allow users to capitalize on opinion and hedge everyday risks.

Smarkets Logo
Smarkets

Smarkets is a technology company utilizing a modern tech stack built around Linux, Kafka, Postgres, and Kubernetes, using Python 3, C++ 17, and React. It is based in central London. The company has built a large betting exchange, also known as a prediction market, with significantly better odds than the competition.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.