W
Wagr
Re-imagined sports betting, leaving behind the complexity of traditional platforms and building a social, simple, and safe experience for everyone
About Wagr
Wagr is a startup operating in the online sports betting market, specifically within the state of Tennessee. The company is licensed and regulated by the Tennessee Sports Wagering Advisory Council, ensuring that it adheres to the state's legal framework for sports gaming. This regulatory oversight guarantees that Wagr's online sports pool system is fair and operates correctly, as it is tested by an independent laboratory approved by the Tennessee Education Lottery.
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Wagr's primary service is an online sports pool system, which allows users to place bets on various sports events. The platform is designed to be user-friendly and engaging, catering to sports enthusiasts who are at least 21 years old. The company aims to create a social and interactive betting experience, leveraging popular social media platforms like TikTok, Discord, Twitter, and Instagram to build a community around its services.
The business model of Wagr revolves around taking a small fee from each bet placed on its platform. This fee is the primary source of revenue for the company. By offering a secure and regulated environment for sports betting, Wagr attracts clients who are looking for a trustworthy and enjoyable way to engage with their favorite sports.
Wagr's market is primarily composed of sports fans in Tennessee who are interested in betting on games. The company targets a demographic that is tech-savvy and active on social media, using these platforms to promote its services and engage with potential customers.
In summary, Wagr is a regulated online sports betting platform that offers a social and interactive experience for sports enthusiasts in Tennessee. The company makes money by charging a fee on each bet placed and uses social media to build a community around its services.
Latest news
Press, funding announcements and product moves mentioning Wagr.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Apr 2023 | $0 | — | Yahoo! | ↗ |
| SERIES A✓Equity / VC | Jan 2022 | $12M | $48M | Greycroft Partners · Pear Ventures · BITKRAFT Ventures · Seven Seven Six | ↗ |
Growth signals
Latest recorded traffic for Wagr is 660 monthly website visits, up 560% over the last three months. Wagr's team grew 100% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
Pear Ventures
Justin Mateen
Greycroft Partners
Seven Seven Six- BMBrad Martin
Alexis Ohanian
Series A1 investor entered at this stage
BITKRAFT Ventures
Other known investors5 additional known investors
Yahoo!
A-Force Ventures
Broadhaven Ventures
HBSE Ventures
The MBA Fund
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Wagr 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
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