Funding Received
$0 in 1 Round from 3 Investors
Most Recent Funding
January 1, 2007 / Undisclosed Amount and Round
Founded:
2000
Headquarters:
London
Description:
Betfair is a betting exchange that enables punters to choose their own odds and bet against each other.
Founders:
Ed Wray, Gerard Cunningham, Josh Hannah
Categories:
Curated Web
Website:
http://www.betfair.com

Detailed Description

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Betfair claims to be the "world's leading online betting exchange". Betfair enables punters to choose their own odds and bet against each other, even after an event has started. Betfair claims more than 5 million transactions a day and 300 bets a second.

In addition to the exchange, Betfair has an established games portfolio. Betfair Games, Betfair Poker, Betfair Casino and Betfair's multiples and accumulator products, are hosted from Malta, which is an area that has seen significant growth and investment. The company is also developing automated price feeds to third parties, establishing white-label exchanges and through its own Betfair Mobile product.

Launched in 2000, Betfair is a profitable and debt-free company with annual revenues exceeding £300 million. It is a privately-owned company. Betfair is proud that a large percentage of its employees own part of the company through its SAYE scheme.

Current Team (5)

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Past Team (14)

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Funding Rounds (1) - $0.00

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Investments (1)

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Board Members and Advisors (1)

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Acquisitions (2)

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Investors (3)

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  • 98b1c3a0c5a7aa15464f63a6de527fab

    Balderton Capital

    One of Europe's largest early-stage VCs
  • Dqswfnohg2sqjwxmrezg

    SoftBank Capital

    SoftBank Capital is a multi-stage venture capital fund that partners with entrepreneurs building...
  • 4b8cb82cceb342829beea060f74f8ad3

    Index Ventures

    Index Ventures is a multi-stage international venture capital firm with deep sector expertise...

Offices/Locations (1)

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  • UK Headquarters

    South Wing, Waterfront Chancellors Road Hammersmith Embankment

    London, W6 9HP

    GBR

Competitors (3)

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  • 9fa017914dda61d3ec3b8eff15fcf28b

    NYX Interactive

    NYX Interactive is a supplier of systems for digitally-distributed gaming entertainment.
  • Cb3e06e10b56f26fc517280c1efe54e2

    Smarkets

    Smarkets provides an online investment platform that facilitates user-centered trading.
  • C84131740d81563ccb4478468f7af9e7

    Pikum

    Pikum is an online betting game that enables players to compete for fun or money.

Images (1)

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  • 82e0611a9846fa023539022c02649d46