Betr Holdings, Inc. Secures $15M in Funding from Premier Investors

Betr Holdings, Inc. has successfully closed a $15 million strategic equity financing round, bringing its total funding to $100 million. The investment, at a valuation of $375 million, was co-led by Harmony Partners and 10x Capital, with participation from existing investors including Fuel Venture Capital and Aliya Capital Partners.

This funding will drive growth across Betr's Fantasy, Sportsbook, Casino, and Media divisions. Additionally, Betr announced key strategic hires, including a Head of Media Revenue, Partnerships, and Strategy, as well as a Head of Government Affairs. The company has also expanded market access for its Online Sportsbook and Casino products, with plans to launch in several states. The recent approval of a sports wagering license in Indiana marks another milestone for Betr as it continues to scale its operations. The new funding and leadership hires signal Betr's commitment to becoming a major player in the sports gaming and media industry.

Read the full press release here.