BetDEX

About

BetDEX is the decentralized sports betting protocol.

New York,New York,United States
11 - 50
https://www.betdex.com/

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $21M
Industries: Blockchain,Cryptocurrency
Founded date: Jan 1, 2021
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: BetDEX Labs, Inc.
Also Known As: BetDEX Labs

BetDEX is the decentralized sports betting protocol. BetDEX delivers high speeds and low transaction costs while eliminating counterparty risk. BetDEX is a permissionless protocol allowing anyone to build their own applications on top.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$27.75M

BetDEX has raised a total of $27.75M in funding over 2 rounds. Their latest funding was raised on Dec 6, 2022 from a Private Equity（PE） round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 6, 2022	Private Equity（PE）	$6.75M	1	Alameda Research	—	Detail
Nov 11, 2021	Seed	$21M	10	FTX Paradigm	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

11

BetDEX is funded by 11 investors. Alameda Research and FTX are the most recent investors.

Investor Name	Lead Investor	Funding Round
Alameda Research	Yes	Private Equity（PE）
FTX	Yes	Seed
Paradigm	Yes	Seed
Hack VC	—	Seed
Multicoin Capital	—	Seed
6th Man Ventures	—	Seed
Everblue Management	—	Seed
Joe McCann	—	Seed
Lightspeed Venture Partners	—	Seed
Sino Global Capital	—	Seed