Winible’s $6 million seed round fuels sports betting innovation

Lea Hogg March 20, 2024

Share it :

Winible’s $6 million seed round fuels sports betting innovation

Winible, an innovative e-commerce platform dedicated to sports betting, has successfully secured a substantial $6 million seed round. This financial boost was spearheaded by Inspired Capital and saw participation from a roster of renowned investors, including Adam Wexler from PrizePicks, Kyle Christensen from Splash Inc, NFL legend Ray Lewis, (in photo above), and 8VC’s Jake Medwell.

Platform for sports betting influencers

Winible’s unique business model revolves around empowering sports betting influencers. The company has emerged as a new player with a promising vision for the future in the dynamic world of sports betting. By providing influencers with the tools to create personalized digital storefronts, Winible enables them to offer their gambling advice to a broad audience. Subscribers benefit from a seamless experience, with features like integrated payment systems and SMS notifications keeping them engaged and informed.

The platform’s appeal is evident in its rapid growth. Since its inception in 2022 by Noah Traisman, Winible has stealthily entered the market and made significant strides. To date, it boasts a network of 100 influencers and a subscriber base of 75,000 individuals, signalling a strong market presence and a clear demand for its services.

As Winible continues to expand, it stands on the precipice of reshaping the sports betting landscape. Research indicates that the global sports betting market is poised for exponential growth, with projections estimating a value of $140 billion by 2028. This growth is fueled by technological advancements, increased legalization, and the rising popularity of mobile betting platforms.

Winible’s recent funding round positions it at the forefront of this expanding industry. With a solid foundation and a clear strategy, the company is well-equipped to capitalize on the market’s potential. As it continues to innovate and adapt, it seems that Winible is not just betting on sports—it’s betting on a future where it leads the charge in the digital transformation of sports betting.