Atosho

Atosho is a licensed online lottery agent based in Copenhagen, Denmark, specializing in 4D lottery games that provide users with engaging betting experiences and significant winning potential. Founded in 2011 in Copenhagen, Denmark, Atosho operates as an online lottery agent focused on 4D lottery games. The company experienced a strategic pivot in 2016 when it was acquired by prettysocial media, a portfolio company of eValue Group and Scala Ventures. Atosho has concluded a total of 3 deals, with the most recent transaction occurring on February 11, 2016.

Following this acquisition, Atosho has raised a total of USD 2. 30 mn during its Series A funding round, with ERMAK Group as an investor. Atosho acts as a licensed online lottery agent, focusing on 4D lottery games with substantial winning opportunities. The platform allows users to place a variety of bets, including full and discounted options, appealing to diverse player preferences.

The company prioritizes transparency and efficiency in its operations, ensuring that winnings are paid out promptly, thereby fostering user trust. Its clientele primarily includes lottery enthusiasts in Indonesia, with plans to reach international markets where players seek large prizes, reaching up to 10 million rupiah. In 2014, Atosho reported an EBITDA amount of USD -1,726,693. 50.

The company's revenue stems from its lottery betting services, which facilitate direct consumer transactions. Users engage with various lottery options, including standard 4D games and more affordable betting methods designed to enhance participation at lower stakes. Revenue generation is driven by the volume of bets placed, with competitive odds encouraging higher spending among players aiming for larger winnings. Atosho's strategy for future growth includes plans to expand its offerings by developing new products tailored to enhance the user experience in lottery betting.

The company is targeting international markets for expansion, with specific plans to enter regions beyond Indonesia by the end of 2023. The funds raised during the Series A round will be utilized to support these initiatives, reinforcing Atosho's operational capabilities and market reach.