Tipster Chat SL

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Tipster Chat SL - overview

Location

Barcelona, -, Spain

Primary Industry

Internet

About

Tipster Chat SL is a company that connects users with professional sports betting tipsters through its app, offering insights and strategies to enhance betting success. Tipster Chat SL operates a platform that links users with expert sports betting tipsters. Founded in Barcelona, Spain, the company has undergone no significant pivots or changes in operational strategy. The founders of Tipster Chat include Alex Lopera, Daniel Furriol, and Eloi Montes, while Carlos Sánchez currently serves as CEO.


In December 2019, Tipster Chat SL raised EUR 1 million in Seed funding, bringing the total amount raised to EUR 1 million, and valuing the company at EUR 5. 88 million post-money. The company has completed one deal as of the latest update. Tipster Chat offers a platform that connects users with professional sports betting tipsters, allowing them to view and replicate the betting strategies of top experts.


The core product, the Tipsterchat app, provides access to insights, statistics, and analyses from over 150 professional tipsters. Users can follow individual tipsters, read their biographies, and explore performance metrics, facilitating informed betting decisions. The service primarily targets sports betting enthusiasts and casual bettors across various markets, including Europe, North America, and parts of Asia, where sports betting is legal. In the most recent year, Tipster Chat generated revenue of EUR 2,191,361.


90 and reported EBITDA of EUR 516,704. 60. The company’s revenue model is based on subscription services, where users can subscribe to follow specific tipsters for recurring fees, accessing premium content and insights. Tipster Chat plans to leverage the EUR 1 million raised in the December 2019 Seed round to enhance its platform and expand its offerings.


There are ongoing developments for new features in the Tipsterchat app, although specific product release dates have not been disclosed. Additionally, the company aims to broaden its reach into new geographic markets, with a particular focus on increasing its presence in North America and Asia by 2024.


Primary Industry

Internet

Sub Industries

Web Applications, Gaming

Website

www.tipsterchat.com

Verticals

Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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