Jake Paul's Betr Sportsbook Startup Raises Funds at $375 Million Valuation.

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    • Abstract:
      Betr Holdings Inc., a sports-betting startup co-founded by Jake Paul, has raised funds at a valuation of $375 million. The $15 million financing round was led by venture capital firms Harmony Partners and 10X Capital. Betr started operating in 2022 and aims to build a fanbase through its media arm while developing betting products. The company recently launched a real-money fantasy sports product and plans to launch its sportsbook in several states before the NFL season begins. Betr also intends to enter the online casino market pending regulatory approval. [Extracted from the article]
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