Jake Paul’s Betr Lands $ 15M Funding, Hits $ 375M Valuation
Kate Marshal
11 March 2024
Comment 0
Pictured: Jake Paul, Betr’s founder
Betr, the betting startup founded by American influencer Jake Paul, has raised $15 million in a new funding round, valuing the company at $375 million.
The company, which launched in 2022, has received a total of $100 million from various investors, demonstrating the strong interest in the venture.
David Weisburd, co-founder and head of Venture Capital at 10x Capital, one of Betr’s investors, compared Betr to DraftKings, the leading online sports betting company in the US, saying, “We believe that Betr has the product, management, and market opportunity that we saw in DraftKings in its early days, with a significantly larger TAM and room for growth today.”
The new funding will help Betr expand into new states, with plans to enter Pennsylvania, Colorado, Indiana, and Kentucky.
In 2023, Betr entered Virginia, its third state after Ohio and Massachusetts.Betr is a sports betting company founded by Jake Paul, has attracted investments from several celebrities, such as rapper Travis Scott, footballer Ezekiel Elliott, and others.
Best Bonuses
Win Win Promo Code – Valid Bonus Code Today
Active Until: 22.12.2028
Get 100% first-deposit bonus for sports betting, followed by extra bonuses on the 2nd, 3rd and 4th deposits after the welcome bonus has been wagered.
BitStarz Bonus Code – Welcome Bonus
Active Until: 22.12.2026
BitStarz offers a welcome bonus: up to $500 or 5 BTC, plus extra rewards after your first deposit.
Best Linebet Promo Code for New Users: 2 Welcome Bonuses
Active Until: 22.12.2026
Up to 1766 USD + 150 free spins for casino or a 100% sports bonus up to 117.89 USD on the first deposit.
Working 888starz.bet Promo Code – Sports & Casino Bonus
Active Until: 22.12.2027
Promo code unlocks the full welcome package, including up to €1500 + 150 Free Spins in the casino and up to €400 in sport.
Working Pinco Promo Code 2026 – Elite Welcome Rewards
Active Until: 22.12.2026
New players at Pinco can claim a 160% casino bonus on their first deposit by registering with the promo code GPARK.
Official Fonbet Promo Code 2026 for €3,000
Active Until: 22.12.2026
Choose a multi-stage casino bonus and get up to €3,000 and 225 free spins across your first five deposits.
