Mogees Ltd.
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Mogees Ltd. - overview
Established
2013
Location
London, England, UK
Primary Industry
Consumer Products
About
Mogees Ltd. is a UK-based company focused on providing innovative online betting services, including sports betting and casino games, via platforms that operate outside the GamStop self-exclusion program. Founded in 2013 and headquartered in London, UK, Mogees Ltd. specializes in online betting solutions.
The company has undergone no significant pivots in its business strategy. The founder, Bruno Zamborlin, has a background in technology and innovation. In May 2017, Mogees Ltd. raised GBP 1.
16 million in a Seed funding round led by LSG Holdings, bringing the total amount raised to GBP 1. 16 million and valuing the company at GBP 4. 64 million post-money. The firm has completed a total of three deals.
Mogees Ltd. specializes in providing a comprehensive range of online betting services through platforms that operate outside the GamStop self-exclusion program. Their primary products include sports betting and online casino services, covering popular sports such as football, basketball, and horse racing, as well as esports and virtual sports. These platforms facilitate a seamless betting experience for users, allowing for real-time betting and a variety of payment methods, including cryptocurrencies, aimed at a broad customer base in the UK and select international markets.
Mogees Ltd. 's revenue model is based on transaction fees from betting activities and casino games on its platforms. Clients transact through direct deposits into their betting accounts via various payment methods, including credit cards, e-wallets, and cryptocurrencies. The company primarily operates on a B2C basis, where individual customers engage with the betting services.
Revenue is further supplemented by promotional strategies, such as welcome bonuses and cashback offers, designed to enhance user engagement and retention. Looking ahead, Mogees Ltd. plans to enhance its offerings by launching new products designed to expand its betting services and casino games. The company aims to enter new markets, particularly focusing on regions where online betting is legally permitted, by 2024.
The recent funding of GBP 1. 16 million will support these initiatives, further strengthening the company's market presence and technological capabilities.
Current Investors
M31, Italian Angels for Growth, LSG holdings
Primary Industry
Consumer Products
Sub Industries
Consumer Electronics
Website
www.mogees.co.uk
Company Stage
Angel & Seed
Total Amount Raised
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Mogees Ltd. - employee data
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