Oddin.gg, a B2B supplier of esports betting options, has secured a fresh round of investments led by funding supervisor Roman Nováček.
The syndicate contains JT Ventures, Rockaway X, Nase Cesko, BD Companions and a number of other personal buyers.
This newest funding spherical, valued within the a whole bunch of tens of millions, marks a big milestone in Oddin.gg’s rapid global expansion and technological innovation throughout the esports betting sector.
Based in 2018 and headquartered in Prague, Oddin.gg has established itself as a key participant within the esports betting ecosystem.
The corporate gives a complete suite of companies, together with real-time odds feeds, threat administration, iFrame options, widgets, dwell esports information, and superior betting companies.
Oddin.gg’s know-how is utilised by main sportsbook operators worldwide, resembling Betsson, Betway, Yolo Group, Stake and OpenBet, supporting its development within the fast-evolving esports betting market.
Oddin.gg’s latest achievements embrace being named the fastest-growing tech firm in Central Europe on the 2024 Deloitte Know-how Quick 50 Awards.
The corporate’s development is attributed to its concentrate on core infrastructure, resembling odds feeds and threat administration, which ship constant margins and quantity for its companions.
Extra functionalities, together with information visualisations and betting streams, improve engagement however are constructed on high of this strong basis.
The brand new funding will help Oddin.gg’s ongoing worldwide growth, product growth and acquisition of extra gaming licenses, notably in North America and Asia.
The corporate is presently licensed in a number of U.S. states, together with New Jersey, Colorado, West Virginia, Ohio and Arizona. It has just lately expanded into the Vietnamese market via a partnership with CVB, the only real holder of an esports playing license in Vietnam.
Oddin.gg’s platform leverages proprietary know-how and machine studying algorithms to maximise profitability and handle threat for its purchasers.
The corporate additionally employs a strong fraud detection system and gives customizable options for bookmakers, permitting them to tailor choices and handle legal responsibility in line with their wants.
This newest funding spherical follows earlier profitable funding phases, including a $4.5 million Series A round in 2022, which helped reinforce Oddin.gg’s place within the international esports betting market.
The continued help from buyers underscores confidence in Oddin.gg’s development trajectory and its position in shaping the way forward for esports betting worldwide.
The publish Investor syndicate closes new funding round for Oddin.gg appeared first on Esports Insider.
