Better Opinions has raised $2.5 million in funding from investors, including Metaplanet VC and Goldwater Capital.
Y Combinator, Taurus VC, Original Capital, Tremis Capital, Super Capital, and other angel investors participated in the funding.
The company will use the funds to build and expand its product and technology team, and for marketing, and user growth.
Founded in 2021, Better Opinions is an app that allows users to make predictions across various categories such as cricket, cryptocurrency, politics, and entertainment to win real money if their predictions come true.
Since its launch, Better Opinions claims to have expanded from continuous double auction trades – where users can trade on ‘yes’ or ‘no’ outcomes to polls or users can choose from multiple options to trade.
Currently, the platform has scaled to over 600,000 users and covered over 14,000 events, the company said.
Previously, Better Opinions had raised over $1 million in February this year from investors, including Soma Capital and Java Capital.
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