Tech-innovation startup Betsperts successfully raises $6m in series A funding round

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The tech-innovation focused business includes the Betsperts app, a social media interface connecting users to tipsters, the Fantasy Life app (acquired in May), and live streams of media content. It aims to become a leading platform in the global betting and fantasy sports market, with an expected one million downloads during the early weeks of the 2021 National Football League season. Series A leads HBSE Ventures and Verance Capital are supporting this growth. HBSE Ventures, linked to the Philadelphia 76ers, New Jersey Devils, and Crystal Palace, believes in Betsperts’ potential to be the go-to social network for sports betting and fantasy sports enthusiasts. They also see the demand for curated and high-quality content in this space, which Betsperts plans to leverage across its platforms. Previous backers from the June 2020 seed round also participated in the Series A funding.

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