Xpoint Services, LLC

Xpoint Services, LLC, based in the US, specializes in advanced geolocation solutions for the gaming industry, enhancing compliance and customer engagement through innovative products and data-driven insights. Founded in 2019 by Marvin Sanderson and Ben Cheeseman and headquartered in Miami Beach, US, Xpoint Services, LLC focuses on delivering geolocation services tailored for the gaming sector. The company has successfully executed 2 deals and was established by individuals with relevant industry experience. Specific details regarding prior companies founded by the individuals are not available.

Xpoint Tech specializes in advanced geolocation solutions tailored for the gaming industry, particularly focusing on Daily Fantasy Sports and North American real-money gaming. Their core offerings include Xpoint Verify and Xpoint Lite, designed to enhance compliance with regulatory requirements while optimizing customer engagement through insights derived from player data. These products leverage technology to provide partners with essential business intelligence, enabling a better understanding of user behavior and improving the overall user journey. Xpoint's solutions serve a diverse client base including gaming operators and platforms across North America, helping them drive customer acquisition and retention in a competitive market.

Xpoint Tech generates revenue through partnerships and subscription-based services, primarily focusing on B2B transactions with gaming operators and platforms. Clients engage under straightforward contractual agreements that emphasize competitive pricing and transparency, ensuring no hidden costs. This revenue structure facilitates access to both Xpoint Verify and Xpoint Lite, allowing partners to utilize these tools without exclusivity clauses. Pricing plans reflect the tailored solutions provided, enabling efficient data-driven business decisions.

Their focus on partnership and service accessibility underpins their revenue generation strategy. Xpoint Services, LLC plans to enhance its product offerings by designing new solutions aimed at improving user engagement and compliance within the gaming industry. They are focused on expanding their market presence in additional North American regions and exploring international markets by the end of 2024. The recent funding round, which involved raising an undisclosed amount from returning investor Bettor Capital, will be utilized to support these initiatives, facilitating product development and market expansion.