Octo Gaming
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Octo Gaming - overview
Established
2018
Location
Paris, Ile-de-France, France
Primary Industry
Internet
About
Octo Gaming operates Bet-On-You, a platform that enhances user engagement in online betting, catering to both casual and experienced bettors with innovative solutions for seamless betting experiences. Founded in 2018, Octo Gaming is based in Paris, France, and specializes in the online betting industry through its platform Bet-On-You. The company has completed 2 deals, with its most recent funding round occurring on March 31, 2023, where it raised EUR 1. 5 million from The Solana Foundation.
The founders, Robin du Fayet and Thomas Bourbon, have backgrounds in technology and entrepreneurship, contributing to the company's innovative approach in the betting sector. Bet-On-You specializes in innovative solutions designed to enhance user engagement within the online betting industry. Their core offerings include a comprehensive platform that enables users to participate in various betting activities, providing a seamless interface for both casual and experienced bettors. The platform addresses key pain points in the online betting experience, such as ease of access, secure transactions, and real-time data analytics to inform betting decisions.
Released in recent years, these services have attracted a diverse clientele, including individual bettors and gaming operators looking to integrate advanced betting solutions. Bet-On-You primarily serves markets in North America and Europe, effectively catering to a wide range of users, from recreational bettors to professional gaming stakeholders. Bet-On-You generates revenue through a structured business model that includes subscription services and transaction fees associated with their flagship betting platform. Clients typically engage with the company through annual subscriptions, granting them access to premium features and exclusive betting options.
Additionally, the firm may charge a fee per transaction processed on their platform, which is common in the online betting industry. This dual approach ensures a steady income stream while fostering long-term relationships with both individual users and business partners. Specific pricing plans are tailored to meet the needs of varying customer segments, ensuring that all clients have access to suitable betting solutions. In March 2023, Octo Gaming raised EUR 1.
5 million in venture funding from The Solana Foundation, which will be utilized to enhance their platform's features and develop new products aimed at increasing user engagement. The company plans to expand into new geographic markets, specifically targeting additional regions in Europe and North America by the end of 2024. Upcoming enhancements include features designed to improve the betting experience, with a focus on real-time analytics and user interface improvements.
Current Investors
AngelSquare, The Solana Foundation
Primary Industry
Internet
Sub Industries
Web Applications, Gaming
Website
www.bet-on-you.com
Verticals
Mobile Apps
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Octo Gaming - employee data


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