SnapOdds

Based in Austria, SnapOdds operates as a provider of innovative solutions within the sports betting sector, leveraging advanced technology to enhance user experience and deliver predictive insights for bettors. SnapOdds is focused on delivering a predictive odds platform for the sports betting industry. Founded by Markus Rumler and Matthias Grieder, the company is headquartered in Vienna, Austria. On November 18, 2021, SnapOdds raised USD 1.

2 mn in Seed funding led by Sharp Alpha Advisors, bringing the total amount raised to USD 1. 2 mn. SnapOdds specializes in providing advanced solutions for the sports betting and wagering industry, particularly through its predictive odds platform. This service utilizes data analytics and machine learning to deliver real-time betting insights and opportunities, empowering users to make informed decisions.

The platform aggregates data from sports events and utilizes algorithms to tailor betting options for individual bettors and sports betting operators, primarily targeting markets in North America and Europe. In the most recent financial year of 2023, SnapOdds generated revenue of USD 78,746. 80 and reported an EBITDA of USD 23,878. SnapOdds plans to utilize its recent Seed funding to enhance its product offerings and expand into new geographic markets.

The company is focused on developing upcoming features for its predictive odds platform, aiming for a launch in the next year. Additionally, SnapOdds is targeting expansion into additional European markets and North America, aiming to capitalize on the growing regulatory support for online betting solutions.