Betr raises $35 million in funding, plans to enhance sportsbook

Tuesday, June 27, 2023 3:10 PM
  • Bennett Conlin, SportsHandle

Betr, a sports betting and media startup co-founded by Jake Paul and Joey Levy, announced Tuesday that it raised $35 million in Series A2 funding. The funding comes from Roger Ehrenberg (via IA Sports Ventures and Eberg Capital), Fuel Venture Capital, Levy, Paul, and others.

The funding round comes as Betr’s relatively new online sports betting product is making headway across the U.S. Betr is operational in Ohio and Massachusetts, and the product is licensed in Virginia with a launch expected soon. Betr also holds market access in Indiana, and it expects to expand into other states in the near future.