TipsterChat, a Barcelona, Spain-based startup which allows the user to access information, statistics or directly copy the bets of professional tipsters, raised €1M in funding.
Backers included business angels and funds from Spain and the United Kingdom.
The company will use the funds to expand operations and its business reach.
Founded by Eloi Montes, Dani Flores and Álex Lopera, TipsterChat provides an application through which users can access statistics, information or directly copy the bets of professional “tipsters” to be able to bet with more knowledge. Launched in September 2019, the app has reached 13,000 users and €110,000 billing in its first two months of life.
The goal is to reach 10,000 active users in early 2020.
The application is available in the Play Store, the AppStore and soon on the web.
Vicenç Martí, entrepreneur and president of elrow, is a senior advisor and partner.