Smarkets Overview
- Year Founded
-
2008

- Status
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Private
- Employees
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86

- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
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$35.6M
- Investors
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15
Smarkets General Information
Description
Operator of a peer-to-peer trading platform intended to facilitate user-centered trading on sports, politics, and current events. The company's platform is a betting exchange that offers a secure and transparent platform for trading on sporting, political, and current affairs events and the consumers can set their own odds and bet against each other, enabling users to access an agile trading platform and bet throughout events with live update lines and options.
Contact Information
Website
www.smarkets.comCorporate Office
- Commodity Quay, 7th Floor
- Saint Katharine Docks
- London E1W 1AZ
- England, United Kingdom
Corporate Office
- Commodity Quay, 7th Floor
- Saint Katharine Docks
- London E1W 1AZ
- England, United Kingdom
Smarkets Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
10. Later Stage VC | $35.6M | Completed | Generating Revenue | |||
9. Later Stage VC (Series B) | 14-May-2021 | Completed | Generating Revenue | |||
8. Secondary Transaction - Private | 31-May-2022 | Completed | Generating Revenue | |||
7. Secondary Transaction - Private | 21-Dec-2016 | Completed | Generating Revenue | |||
6. Accelerator/Incubator | 27-Apr-2015 | Completed | Generating Revenue | |||
5. Accelerator/Incubator | 08-Jan-2015 | Completed | Generating Revenue | |||
4. Later Stage VC (Series A) | 21-Feb-2013 | Completed | Generating Revenue | |||
3. Early Stage VC | 13-May-2011 | Completed | Startup | |||
2. Early Stage VC | 01-Apr-2009 | $210K | $410K | Completed | Startup | |
1. Angel (individual) | 01-May-2008 | $200K | $200K | Completed | Startup |
Smarkets Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Ordinary | ||||||||
Series A | ||||||||
Series A | ||||||||
Ordinary | ||||||||
Ordinary | 477,732 | $0.006267 | $0.94 | $0.94 | 1x | $0.94 | 16.22% | |
Ordinary | 212,695 | $0.006267 | $1.6 | $1.6 | 1x | $1.6 | 7.22% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Smarkets Comparisons
Industry
Financing
Details
Smarkets Competitors (3)
One of Smarkets’s 3 competitors is Stox (Ramat Gan), a Corporate Backed or Acquired company based in Ramat Gan, Israel.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Stox (Ramat Gan) | Corporate Backed or Acquired | Ramat Gan, Israel | ||||
Superbet Interactive | Private Equity-Backed | TaXbiex, Malta | ||||
BetFair Group | Formerly VC-backed | London, United Kingdom |
Smarkets Signals
Smarkets Investors (15)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Bolt Ventures | Venture Capital | Minority | ||
Eberg Capital | Venture Capital | Minority | ||
IA Sports Ventures | Venture Capital | Minority | ||
Susquehanna Growth Equity | Growth/Expansion | Minority | ||
ELITE Group (Italy) | Accelerator/Incubator |
Smarkets FAQs
-
When was Smarkets founded?
Smarkets was founded in 2008.
-
Where is Smarkets headquartered?
Smarkets is headquartered in London, United Kingdom.
-
What is the size of Smarkets?
Smarkets has 86 total employees.
-
What industry is Smarkets in?
Smarkets’s primary industry is Entertainment Software.
-
Is Smarkets a private or public company?
Smarkets is a Private company.
-
What is Smarkets’s current revenue?
The current revenue for Smarkets is
. -
How much funding has Smarkets raised over time?
Smarkets has raised $73.9M.
-
Who are Smarkets’s investors?
Bolt Ventures, Eberg Capital, IA Sports Ventures, Susquehanna Growth Equity, and ELITE Group (Italy) are 5 of 15 investors who have invested in Smarkets.
-
Who are Smarkets’s competitors?
Stox (Ramat Gan), Superbet Interactive, and BetFair Group are competitors of Smarkets.
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