Social Betting App Youbetme Raises $2.7M

Social Betting App Youbetme Raises $2.7M

Youbetme, the startup behind the social betting app of the identical identify, introduced immediately that it has raised $2.7 million in Collection A funding.

Youbetme says it launched the app in January. The corporate payments itself as a approach to “guess on something, at any time,” both by means of its iOS app or it’s web site. To be clear, it doesn’t help actual-cash betting, however slightly monitoring pleasant bets with buddies. (You would in all probability put cash on these bets, simply not via the app itself …) There’s additionally an Android app in beta testing.

Buyers within the spherical included SierraMaya360, DVG, and Abingdon Capital. Angel investor Brad Stroh is becoming a member of the Youbetme board of administrators.

The corporate participated within the DEMO convention again in 2012.