What is Betable?
Betable operates at the intersection of fintech and digital entertainment, providing a sophisticated suite of tools designed to modernize the gaming industry. Through its proprietary NewShore Technology, the company offers a fully integrated cashier and payment processing solution that significantly reduces transaction friction for gaming operators. By catering to both land-based enterprises transitioning to digital channels and established online brands, Betable provides the modular architecture necessary to remain competitive in a rapidly evolving market. The company's focus on safety, regulatory compliance, and operational efficiency makes it a vital partner for businesses seeking to optimize their digital gaming content delivery.
How much funding has Betable raised?
Betable has raised a total of $18.5M across 1 funding round:
Series A
$18.5M
Series A (2013): $18.5M with participation from Greylock Partners, Venture51, and Founders Fund
Key Investors in Betable
Greylock Partners
83North is a global venture capital firm managing over $2.2 billion, investing in exceptional entrepreneurs at all stages to build category-leading companies.
Venture51
VENTURE51 offers a platform called Forge, designed for developers to manage their applications and server environments efficiently.
Founders Fund
Founders Fund invests in the world's most important and valuable companies across all geographies, sectors and stages.
What's next for Betable?
With the successful closure of this funding round, Betable is poised to deepen its investment in platform scalability and product innovation. The strategic roadmap likely involves enhancing the NewShore Technology stack to further lower transaction costs and improve the user experience for international gaming partners. As the industry shifts toward more integrated, secure, and modular digital ecosystems, Betable is strategically aligned to capture additional market share. Future efforts will likely focus on expanding its reach into new regulated jurisdictions and strengthening its position as a premier provider of enterprise-grade gaming infrastructure.
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