Midnite - About the company
Midnite is a series C company based in London (United Kingdom), founded in 2015 by Rupert Brenninkmeijer, Daniel Qu and Nick Wright. It operates as an Esports betting platform for players. Midnite has raised $75M in funding from investors like The Raine Group, Makers Fund and Play Ventures, with a current valuation of £*****. The company has 16429 active competitors, including 128 funded and 256 that have exited. Its top competitors include companies like Fanatics, Splash Sports and Novig.
Company Details
Midnite is an Esports betting platform for players. The company is an esports betting platform that enables gamers to bet on various esports games including Fortnite, CG GO, League of Legends, and more. Gamers can compete with other users and win prizes.
- Website
- www.midnite.com/
- Email ID
- *****@midnite.com
Key Metrics
Founded Year
2015
Location
London, United Kingdom
Stage
Series C
Total Funding
$75M in 5 rounds
Latest Funding Round
Post Money Valuation
£***** as on Aug 19, 2022
Investors
Ranked
6th among 16429 active competitors
Employee Count
216 as on Aug 31, 2026
Legal entities associated with Midnite
Midnite is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
DRIBBLE MEDIA LIMITED CIN: 09555672 , United Kingdom, Active | Apr 21, 2015 | - | 24 (As on Jan 31, 2021) |
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Midnite's funding and investors
Midnite has raised a total funding of $75M over 5 rounds. Its first funding round was on Jan 08, 2020. Its latest funding round was a Series C round on Jan 15, 2026 for $*****. 5 investors participated in its latest round. Midnite has 14 institutional investors and 9 angel investors.
Here is the list of recent funding rounds of Midnite:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 15, 2026 | 6079710 | Series C | 8836697 | 2940131 | 1460477 | 7980585 |
Oct 01, 2025 | 6728476 | Conventional Debt | 9983279 | 7201122 | 8760125 | |
Apr 14, 2025 | 4442725 | Series B | 5147069 | 3573253 |
View details of Midnite's funding rounds and investors
Midnite's founders and board of directors
Founder? Claim ProfileThe founders of Midnite are Rupert Brenninkmeijer, Daniel Qu and Nick Wright. Nick Wright is the CEO of Midnite.
Here are the details of Midnite's key team members:
- Rupert Brenninkmeijer: Former Co-Founder of Midnite and founder of 1 other company. They are also an angel investor in 1 startup.
- Daniel Qu: Co-Founder of Midnite and founder of 1 other company. Contact Info: 1 email address
- Nick Wright: Founder & CEO of Midnite. Contact Info: 1 email address
View details of Midnite's Founder profiles and Board Members
Midnite's employee count trend
Midnite has 216 employees as of Aug 26. Here is Midnite's employee count trend over the years:
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Midnite's Competitors and alternates
Top competitors of Midnite include Fanatics, Splash Sports and Novig. Here is the list of Top 10 competitors of Midnite, ranked by Tracxn score:
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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 | 79/100 | |
2nd | Splash Sports 2021, Sacramento (United States), Series B | Operator of peer to peer gaming contests for sports fans | $28.6M | 71/100 | |
3rd | Novig 2021, New York City (United States), Series B | Operator of a peer to peer sports betting exchange platform | $106M | 68/100 | |
4th | bet365 2001, Stoke on Trent (United Kingdom), Acqui-Hired | Provider of an online sports betting platform for multiple sports | - | 65/100 | |
5th | William Hill 1934, London (United Kingdom), Acquired | App-based online gambling platform offering multi-category games | - | 65/100 | |
6th | Midnite 2015, London (United Kingdom), Series C | Esports betting platform for players | $75M | 63/100 | |
7th | Online gambling platform | $196M | 62/100 | ||
8th | BetMGM 2018, United States, Unfunded | Operator of an online platform providing sports and event betting | - | - | 62/100 |
9th | LiveScore Group 1998, London (United Kingdom), Series C | Developer of betting tools for bettors | $57.6M | 60/100 | |
10th | Provider of an online crypto casino and sports betting platform | $16.4M | 60/100 |
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Midnite's Investments and acquisitions
Midnite has made no investments or acquisitions yet.
Reports related to Midnite
Here is the latest report on Midnite's sector:
News related to Midnite
Media has covered Midnite for a total of 5 events in the last 1 year, 2 of them have been about partnerships.
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Octoplay and Midnite Deepen UK Partnership with Lifetime Exclusive Game LaunchiGaming Business•Jul 09, 2026•Midnite, OctoPlay
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Midnite Completes $35M Series C Funding Round Led by The Raine GroupiGaming Business•Jan 15, 2026•Play Ventures, Discerning Capital, big_bets, Midnite and 3 others
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Midnite secures $100m financing to fuel UK growthNEXT.io•Oct 01, 2025•Pvxpartners, Discerning Capital, Midnite
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Octoplay partners with Midnite and continues rapid UK expansion after the entry into New Jersey through BetMGMiGaming Business•Jul 21, 2025•OctoPlay, Midnite
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Southampton FC partners with Midnite for training kit sponsorship in 2025/26Insider Media•Jun 17, 2025•Southampton Football Club, Midnite
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Stockholm-based SponsWatch Secures €1 Million in Seed FundingStartup Rise EU•Feb 26, 2025•SPONSWATCH, Node Ventures, Venrex, Just-Eat and 2 others
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