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Codere Online

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Multinational group devoted to entertainment and leisure

Alcobendas, SpainFounded 2014Mobile app
Valuation $401M Market cap · 2026
Revenue $266M Latest reported FY
EBITDA $9.7M Latest reported FY

About Codere Online

Codere Online operates in the Latin American digital sports casino market, which is still in its early stages but poised for significant growth. The company leverages its strong brand and 30 years of operating experience in the region to position itself as a leading player. Codere Online uses a differentiated omnichannel platform to attract and retain a loyal, high-value customer base. The business model focuses on providing a seamless online and offline experience, integrating digital sports betting and casino games. Revenue is generated through customer wagers and gaming activities, with a focus on sustainable growth and customer retention. The company serves a diverse clientele, primarily targeting sports enthusiasts and casino gamers in Latin America. Codere Online aims to capitalize on the growing demand for digital gaming solutions in the region, supported by its extensive industry experience and innovative platform.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2014
Headquarters
Alcobendas, Spain
Listing
IPO 2021
Sector
Mobile app
Power Law
Thoroughbred$100M+ revenue

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later4 investors entered at this stage

  • Codere
  • Baron Capital Management
  • MG Capital Management
  • DD3 Capital Partners
Employees mapped 380 incl. 1 AI specialist
Founders Hidden — book a demo/100 quality score
Key operators 8 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
9 countries with
team presence
🇪🇸 Spain57.2%
🇲🇽 Mexico15.4%
🇮🇱 Israel14.9%
🇨🇴 Colombia4.5%
🇦🇷 Argentina4%
Top 5 of 9 shown
Web traffic by country
10K monthly visits
across markets
🇬🇧 United Kingdom23%
🇺🇸 United States21%
🇮🇳 India17%
🇪🇸 Spain13%
🇲🇽 Mexico11%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Codere Online on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Codere Online on the full Dealroom platform

Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.