Betr

Method

Betr is the micro betting and sports media company Joey Levy and Jake Paul found in Miami in August 2022 on a 50 million dollar Series A, adding a 35 million dollar Series A2 in June 2023 at a 300 million dollar pre money valuation with Fuel Venture Capital, Florida Funders and Aliya Capital among the backers, and 15 million dollars in March 2024 at a 375 million dollar valuation. It works from a 20,000 square foot converted warehouse in Miami's Little River district with several dozen staff required on site, and Paul runs the media arm. The sportsbook launches in Ohio in January 2023 and stays among the smallest operators, live in only three states by 2026, while Betr Picks, the daily fantasy product, reaches 33 states and over one million paying users. In May 2026 Betr buys the Chicago futures broker ACM Futures and partners with Polymarket to route prediction market trades from its app in all 50 states. It is the creator brand chain applied to gambling, and the sportsbook rung is the one that underperforms.

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The path: money and goods moving

• owned byJake PaulPaul and Joey Levy co found Betr Holdings in 2022; on March 6, 2024 it raises 15 million dollars led by Harmony Partners and 10X Capital at a 375 million dollar valuation.2022 to present
• backed byFuel Venture CapitalFuel Venture Capital expands its Betr investment from 10 to 20 million dollars in the June 2023 Series A2 and participates again in the March 2024 round.2022 to present