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."

      Covered on