2 years ago
Bettormetrics Secures Series A Funding to Expand Sports Betting Analytics Platform
Bettormetrics, a London-based sports betting analytics company, has raised an undisclosed amount in Series A funding led by Bettor Capital and Velo Partners
The company plans to use the funds to expand its advanced Sports book analytical platform and services, and to expand its client base
Bettormetrics provides cloud-based sports betting analytics solutions, using statistics to identify trends and patterns of profitable behavior for bookmakers
The company's solutions are already used by several tier 1 bookmakers in the US and Europe to optimize their trading desk's performance.
ProblemTechnology
"Sportsbooks struggle to optimize their trading desk's performance due to inefficiencies in suspension and price positioning, resulting in lower gross gaming revenue (GGR)."
Solution
"Bettormetrics offers cloud-based sports betting analytics solutions using statistics to identify profitable behaviors, providing insights to optimize trading strategies and increase GGR for sportsbooks."