Where is Coolbet located?

Coolbet is headquartered in Tallinn, Estonia. It is registered at Kai tn 4.

Which legal entities is Coolbet associated with?

Coolbet is associated with VG Estonia OÜ.

How many employees does Coolbet have?

As of Aug 31, 2026, the latest employee count at Coolbet is 340.

Is Coolbet a funded company?

Coolbet is a funded company, having raised a total of $***** in its 1st and only funding round, a Series C round.

When was the latest funding round of Coolbet?

Coolbet's latest funding was a $***** Series C round, with participation from 0 investor.

What is the annual revenue of Coolbet?

Annual revenue of Coolbet is between €10M and €50M as on Dec 31, 2022

Where does Coolbet rank among its competitors?

Coolbet ranks 25th amongst 25039 active competitors, of which 153 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Midnite, which secured $35M in Jan, 2026.

Who are the top competitors of Coolbet?

Coolbet's top competitors include Fanatics, Splash Sports and Baazi Games. Among them, Midnite secured the most recent funding round in January, 2026.

Coolbet - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is Coolbet an acquired company?

Coolbet got acquired by GAN on Nov 16, 2020.

Coolbet is an acquired company based in Tallinn (Estonia), founded in 2016 by Jan Svendsen. It operates as an Online gambling platform offering multi-category games. Coolbet has raised $41M in funding. The company has 25039 active competitors, including 153 funded and 382 that have exited. Its top competitors include companies like Fanatics, Splash Sports and Baazi Games.

Company Details

Coolbet is an online gambling platform offering multi-category games. The platform enables users to wager on various games like poker, sports betting, Iive casinos, and more. It offers features like engaging UI/UX, variant payment options, and more.

Website: www.coolbet.com/
Social
Email ID: *****@coolbet.com
Phone Number: +372 **********
Registered Address: Kai tn 4

Key Metrics

Founded Year

2016

Location

Tallinn, Estonia

Stage

Acquired

Total Funding

$41M in 1 round

Latest Funding Round

Series C, $*****

Investors

Raging Bull & 2 more

Ranked

25^th among 25039 active competitors

Annual Revenue

€10M - €50M as on Dec 31, 2022

Employee Count

340 as on Aug 31, 2026

Similar Companies

Baazi Games & 15303 more

Exit Details

Acquired by GAN (Nov 16, 2020)

View Coolbet's full profile

Coolbet is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
VG Estonia OÜ CIN: 14591789 , Estonia, Active	Oct 22, 2018	€10M - €50M (As on Dec 31, 2022)	275 (As on Sep 30, 2024)

Coolbet got acquired by GAN on Nov 16, 2020 at an acquisition amount of $*****.

Click here to take a look at Coolbet's acquisition in detail

Coolbet has raised a total funding of $41M over 1 round. Coolbet has 3 institutional investors.

View details of Coolbet's funding rounds and investors

The founders of Coolbet is Jan Svendsen.

Here are the details of Coolbet's key team members:

Jan Svendsen: Founder & Executive Chairman of Coolbet.

View details of Coolbet's Founder profiles and Board Members

Coolbet's employee count trend

Coolbet has 340 employees as of Aug 26. Here is Coolbet's employee count trend over the years:

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Top competitors of Coolbet include Fanatics, Splash Sports and Baazi Games. Here is the list of Top 10 competitors of Coolbet, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fanatics 2011, New York City (United States), Series G	Provider of licensed sports merchandise, collectibles, and betting platforms	$4.85B	Silver Lake, Fidelity Investments & 26 others	79/100
2nd	Splash Sports 2021, Sacramento (United States), Series B	Operator of peer to peer gaming contests for sports fans	$28.6M	Counterview, Erik Seidel & 16 others	71/100
3rd	Baazi Games 2014, Delhi (India), Series B	Operator of online poker and sports prediction gaming solutions	$11.3M	Psm Group, East Eight Six Advisors & 9 others	67/100
4th	William Hill 1934, London (United Kingdom), Acquired	App-based online gambling platform offering multi-category games	-	Treasury, AAIC Ventures & 4 others	65/100
5th	bet365 2001, Stoke on Trent (United Kingdom), Acqui-Hired	Provider of an online sports betting platform for multiple sports	-	Tenaya Capital, Lightspeed Venture Partners ... & 7 others	65/100
6th	California Lottery 1984, Sacramento (United States), Unfunded	App-based lottery platform	-	-	64/100
7th	Midnite 2015, London (United Kingdom), Series C	Esports betting platform for players	$75M	The Raine Group, Makers Fund & 21 others	63/100
8th	Lottery 2015, Austin (United States), Public	Online gambling platform offering lottery-based games	$20M	500 Global, Aurum Partners & 27 others	62/100
9th	Superbet 2008, Bucharest (Romania), Series B	Online gambling platform	$196M	Blackstone, HKK Partners & 1 others	62/100
10th	BetMGM 2018, United States, Unfunded	Operator of an online platform providing sports and event betting	-	-	62/100
25th	Coolbet 2016, Tallinn (Estonia), Acquired	Online gambling platform offering multi-category games	$41M	Raging Bull, Yolo Investments & 1 others	56/100