Wedgebets

WedgeBets - Plan your golf games, Compete amongst friends

Basic details

Amount raising

€

1.5M

Location

Utrecht

Industry

Gaming,Marketing,Sports,Social

Website

https://www.wedgebets.com

Founders

Last updated:

January 16, 2023

Key Achievements

I spent several months finding a solution around the legal requirements that would require me to license the startup because betting is gambling. Using prizes and vouchers, the app becomes a prized competition and does not require any gambling licenses. Our app, becomes a marketing tool, and can help small golf shops promote and "sell" products
We aim to partner with major online stores and retailers to grow awareness and the success of our mobile application and business. Partnerships with key partners like Jumbo Golf and PGA Superstore will help drive users turnover and increase revenue. 80% of golfs place side bets when playing a game of golf.

Premium Details Available

Growth rate (month over month)
Growth rate (month over month)
Monthly Revenue Range
Contextual explanation on monthly revenues
Number of paying customers
Number of active users
Percentage of company owned by founders
Amount raised in the past
Is there a lead investor?
Amount in this round already committed
When aiming to close this round?

Percentage of their time founders are spending on this.
Is there a founder with previous c-level or founder experience?
Is there a founder with exit experience?
Is there a founder with previous sector experience?
Is there a women founder with at least 5% in the team?
Year founded

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Premium Details

(Data is self reported)

Monthly Revenue

pre-revenue

Growth rate month over month

Monthly revenue context

Earnings based on sales commission. Every prize or Euro generated through the platform will earn commission.

Number of paying customers

Monthly active users

How much have you raised in the past?

Nothing raised yet. Currently self funded

Do you have a lead investor?

How much of this round already committed?

When are you aiming to close this round?

Patent status

Year founded

2022

How much time do the founders spend on the business?

<70%

Is there a founder with previous co-founder / c-level at startup experience?

Is there a founder with previous Sector Experience?

Yes

Is there a founder with previous Exit Experience?

What percentage of company is owned by founders?

100% owned by founders

Is there a women founder with at least 5% of the shares?

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