Slips Technologies, Inc.

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Slips Technologies, Inc. - overview

Established

2019

Location

Los Angeles, CA, US

Primary Industry

Travel & Leisure

About

Slips Technologies, Inc. is a US-based social betting exchange platform that enables peer-to-peer betting on sports and cultural events, enhancing user engagement through community-driven competitions and micro-betting features. Founded in 2019 by CEO Jess Richman and CTO Gurminder Singh, and headquartered in Los Angeles, US, Slips Technologies, Inc. operates a social betting exchange platform that allows users to engage in peer-to-peer betting.


In January 2026, Slips Technologies, Inc. raised USD 3. 5 million in seed funding co-led by Las Olas Venture Capital and Sunset Bay Capital. Slips Technologies, Inc.


offers a unique social betting exchange platform that facilitates peer-to-peer (P2P) betting on various sports and cultural events. The core product allows users to engage in micro-betting, where they can challenge friends or participate in group bets across popular leagues such as the NFL and NBA. The platform is designed to enhance the betting experience by fostering a sense of community and competition among users, allowing them to test their predictions in a fun environment. Additionally, Slips provides convenient access to lottery tickets for major draws like Powerball and Mega Millions directly through its mobile application.


The service is available to users in specified legal states, ensuring compliance with local regulations while targeting a customer base that includes sports enthusiasts and casual bettors aged 18 and older. Slips generates revenue through a subscription model, charging users USD 9. 99 per month for access to premium features and benefits, including faster reward point accumulation and discounts on fees. The business operates on a direct-to-consumer basis, facilitating transactions where users place bets against each other rather than against the house.


As users engage with the platform, they can make deposits starting from USD 10 to participate in betting activities, with the opportunity to win real cash prizes. With over one million dollars won by users, the platform encourages continued engagement through its competitive structure. The revenue model is further bolstered by the social aspect of the platform, where users can showcase their betting skills and track their rankings among peers, creating an environment conducive to repeat transactions and customer loyalty. In January 2026, Slips Technologies, Inc.


raised USD 3. 5 mn in Seed funding co-led by Las Olas Venture Capital and Sunset Bay Capital, with participation from individual investors. The company will utilize the funding to deepen its technology stack, expand its team, and accelerate user acquisition. Future growth strategies include the launch of new products that enhance user experience and engagement, as well as targeted expansion into new markets to broaden their customer base.


Current Investors

Las Olas Venture Capital , Sunset Bay Capital

Primary Industry

Travel & Leisure

Sub Industries

Casinos & Gambling, Web Applications, Gaming

Website

www.slips.com

Verticals

Artificial Intelligence, Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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