FundedIQ
Apps

ZenSports

ZenSports is a mobile peer-to-peer sports betting marketplace where anyone can create and accept sports bets with anyone else in the world, without the need for a centralized bookmaker. Customers can quickly and easily create their own bets with their own odds and terms, or accept bets that others in the marketplace have created, all at a fraction of the cost that traditional bookmakers charge and all right from their phone. As a decentralized marketplace for sports betting, ZenSports is eliminating the need for a bookmaker altogether, and giving bettors a cheaper, faster, and more trustworthy process for wagering on sports. ZenSports has also created its own cryptocurrency utility token called SPORTS, which consumers can use for placing bets, earning discounted betting fees, and getting cash back, bonuses, and other rewards. Betting with SPORTS tokens gives consumers a more exciting and rewards-driven experience for wagering on sports than what traditional bookmakers offer. Since launching our SPORTS token in July 2019, 92% of all betting volume within the ZenSports app have been made using SPORTS tokens, even though we also offer the ability to bet in Dollars or Bitcoin. ZenSports is proving out a real-world use case for cryptocurrencies that consumers are using in their everyday lives.

zensports.com West Hollywood, United States 11-50 employees
Total raised
$2.4M
Rounds
1
Latest
Series A
Mar 2021

ZenSports is a mobile peer-to-peer sports betting marketplace where anyone can create and accept sports bets with anyone else in the world, without the need for a centralized bookmaker. Customers can quickly and easily create their own bets with their own odds and terms, or accept bets that others in the marketplace have created, all at a fraction of the cost that traditional bookmakers charge and all right from their phone. As a decentralized marketplace for sports betting, ZenSports is eliminating the need for a bookmaker altogether, and giving bettors a cheaper, faster, and more trustworthy process for wagering on sports. ZenSports has also created its own cryptocurrency utility token called SPORTS, which consumers can use for placing bets, earning discounted betting fees, and getting cash back, bonuses, and other rewards. Betting with SPORTS tokens gives consumers a more exciting and rewards-driven experience for wagering on sports than what traditional bookmakers offer. Since launching our SPORTS token in July 2019, 92% of all betting volume within the ZenSports app have been made using SPORTS tokens, even though we also offer the ability to bet in Dollars or Bitcoin. ZenSports is proving out a real-world use case for cryptocurrencies that consumers are using in their everyday lives.

ZenSports has raised $2.4M across 1 round. Its most recent round was a Series A of $2.4M in Mar 2021. Full funding history, investors, and team are detailed below.

Funding history

1 round · 1 visible Unlock with plan

1 round on record.

Date
Round
Amount
Lead investor
Mar 16, 2021
Series A
$2.4M

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