FansUnite
1133 Melville St, Suite 2700, Vancouver, BC, V6E 4E5, Canada
Overview
FansUnite develops blockchain-focused products for the sports betting and sports data industries, including the FansUnite Protocol (an Ethereum-based protocol standard). Its flagship dApp, the FansUnite Sportsbook, leverages the Protocol with low margins and social features, and it operates FansUnite Media Inc., a free-to-play social sports betting community. Victory Square incorporated FansUnite earlier in 2018 and spun out assets from its FansUnite division, including the 2016-acquired FansUnite Media. The company is continuing development of the Protocol, Sportsbook, other applications, and is pursuing M&A in sports, gaming, and entertainment. FansUnite raised C$4,457,750 in an oversubscribed private placement that valued the company at over C$17,000,000 CAD and reduced Victory Square's ownership to 48.55%. Management emphasizes readiness for regulated markets following the U.S. Supreme Court ruling on state-level sports betting and plans to pursue a public listing in Q4 2018.
- Total raised
- $3M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- May 2018
Industries
- Analytics
- Artificial Intelligence (AI)
- Crowdsourcing
- Social Media
- Sports
Recent funding
Equity
May 2018
$3M