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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.
Social
X
Email ID
*****@midnite.com
Key Metrics
Founded Year
2015
Location
Stage
Series C
Total Funding
$75M in 5 rounds
Latest Funding Round
Post Money Valuation
£***** as on Aug 19, 2022
Ranked
Employee Count
216 as on Aug 31, 2026
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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:lockFilter 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
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Midnite's founders and board of directors

Founder? Claim Profile
The 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:

Midnite's employee count trend

Midnite has 216 employees as of Aug 26. Here is Midnite's employee count trend over the years:
Employee count trend for Midnite
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Fanatics
Fanatics
2011, New York City (United States), Series G
Provider of licensed sports merchandise, collectibles, and betting platforms
$4.85B
79/100
2nd
Logo for Splash Sports
Splash Sports
2021, Sacramento (United States), Series B
Operator of peer to peer gaming contests for sports fans
$28.6M
71/100
3rd
Logo for Novig
Novig
2021, New York City (United States), Series B
Operator of a peer to peer sports betting exchange platform
$106M
68/100
4th
Logo for bet365
bet365
2001, Stoke on Trent (United Kingdom), Acqui-Hired
Provider of an online sports betting platform for multiple sports
-
65/100
5th
Logo for William Hill
William Hill
1934, London (United Kingdom), Acquired
App-based online gambling platform offering multi-category games
-
65/100
6th
Logo for Midnite
Midnite
2015, London (United Kingdom), Series C
Esports betting platform for players
$75M
63/100
7th
Logo for Superbet
Superbet
2008, Bucharest (Romania), Series B
Online gambling platform
$196M
62/100
8th
Logo for BetMGM
BetMGM
2018, United States, Unfunded
Operator of an online platform providing sports and event betting
-
-
62/100
9th
Logo for LiveScore Group
LiveScore Group
1998, London (United Kingdom), Series C
Developer of betting tools for bettors
$57.6M
60/100
10th
Logo for BetHog
BetHog
2024, Laxia (Cyprus), Series A
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

lockFilter this list
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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