Smarkets Revenue and Competitors

London, UK

Location

N/A

Total Funding

Estimated Revenue & Valuation

  • Smarkets's estimated annual revenue is currently $12.2M per year.(i)
  • Smarkets's estimated revenue per employee is $145,000

Employee Data

  • Smarkets has 84 Employees.(i)
  • Smarkets grew their employee count by -11% last year.

Smarkets's People

NameTitleEmail/Phone
1
Founder and CEOReveal Email/Phone
2
Head GrowthReveal Email/Phone
3
Head Business Strategy & AnalyticsReveal Email/Phone
4
Head FinanceReveal Email/Phone
5
Chief Operating OfficerReveal Email/Phone
6
Marketing DirectorReveal Email/Phone
7
Chief Product OfficerReveal Email/Phone
8
Product ManagerReveal Email/Phone
9
Product ManagerReveal Email/Phone
10
Engineering Manager, Cloud InfrastructureReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$169.7M8366%N/AN/A
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What Is Smarkets?

Smarkets is a technology company, utilising a modern tech stack built around Linux, Kafka, Postgres, and Kubernetes using Python 3, C++ 17 and React, based in central London. We've built one of the world's largest betting exchanges, also known as a prediction market, with significantly better odds than the competition. Our strength is technology and trading and our passion is to push the known boundaries of real-time financial technology. \n\nOur platform has handled over £15 billion of bets since launching in 2010, allowing us to become one of the most profitable companies per employee in Europe.\n\nOur mission is to disrupt one of the oldest industries in the world by rethinking the method and model of the betting business. We think traditional sports betting rips off bettors, taking up to a 15% margin on bets. We offer the industry's lowest margin of around 1% in total commission on trades. We can and will do better.\n\nSmarkets prides itself on collecting individuals seeking challenge, and our team members' experiences show this. Smarkets is comprised of some of the finest financial and adtech engineers, researchers, scientists, PhDs and marketers making us one of the most dynamic workforces in Europe.\n\nVisit https://smarkets.com/careers to learn more.

keywords:Gambling, Financial Exchanges, Prediction Markets

N/A

Total Funding

84

Number of Employees

$12.2M

Revenue (est)

-11%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Smarkets News

2022-04-17 - Smarkets: Macron holds 95% lead as Le Pen eyes biggest shock in political betting history

As such, this Sunday's two-horse race has been priced by Smarkets Politics, which currently sees Emmanuel Macron maintained as President of...

2022-04-17 - Smarkets: Boris faces a coin-flip on leading Conservatives into next election

Matt Shaddick, Smarkets Head of Politics stated: “Whilst the pressure on Boris Johnson is undoubtedly increasing, political punters remain...

2022-03-30 - Smarkets Bettors No Longer Confident Rishi Sunak Will Replace Boris...

However, Rishi Sunak, once the most likely successor, is falling down in the polls on the Smarkets betting exchange.

2021-06-11 - Smarkets Raises in Series B Funding

Smarkets, a London UK-based provider of a betting exchange and prediction market platform, raised in Series B funding. The round was led by Susquehanna Growth Equity (SGE), , which joined existing investors Passion Capital and Deutsche Telekom. The company intends to use the funds to accelerat ...

2021-06-10 - Smarkets : raises Series B funding round to supercharge international and domestic growth

LONDON, June 10, 2021 /PRNewswire/ -- Smarkets, one of the world's largest betting exchange and prediction market platforms, has announced the closing of a significant minority investment from Susquehanna Growth Equity (SGE). Having raised just £3.8m ($5.4m) since its inception in 2008, with it ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$12.2M84-17%N/A
#2
$10.9M84-6%$49M
#3
$17.6M8427%N/A
#4
$19.1M8447%N/A
#5
$17.6M845%N/A