Where is Neds located?

Neds is headquartered in Brisbane, Australia.

How many employees does Neds have?

As of Jun 30, 2026, the latest employee count at Neds is 66.

Is Neds a funded company?

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

Where does Neds rank among its competitors?

Neds ranks 111th amongst 8954 active competitors, of which 96 are funded. It stands 11th 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 Neds?

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

Neds - 2026 Company Profile, Team & Competitors

Q: Is Neds an acquired company?

Neds got acquired by GVC Holdings on Nov 22, 2018.

Company Details

Neds is an online sports betting platform. Users can place bets on various sport and racing events. Sports covered by the platform include baseball, basketball, badminton, golf, volleyball, tennis and more. The app can be downloaded on Android and iOS phones.

Website: www.neds.com.au/
Social

Key Metrics

Founded Year

2017

Location

Brisbane, Australia

Stage

Acquired

Ranked

111^th among 8954 active competitors

Employee Count

66 as on Jun 30, 2026

Similar Companies

bet365 & 1171 more

Exit Details

Acquired by GVC Holdings (Nov 22, 2018)

View Neds' full profile

Neds got acquired by GVC Holdings on Nov 22, 2018 at an acquisition amount of $*****.

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

Neds has not raised any funding rounds yet.

The founders of Neds is Dean Shannon.

Here are the details of Neds' key team members:

Dean Shannon: Founder of Neds.

View details of Neds's Founder profiles and Board Members

Neds' employee count trend

Neds has 66 employees as of Jun 26. Here is Neds's employee count trend over the years:

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Top competitors of Neds include Fanatics, Baazi Games and Splash Sports. Here is the list of Top 10 competitors of Neds, 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	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
3rd	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	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	Midnite 2015, London (United Kingdom), Series C	Esports betting platform for players	$75M	The Raine Group, Discerning Capital & 21 others	63/100
7th	Betfair Group 2000, London (United Kingdom), Acquired	Online sports betting exchange	-	SoftBank Capital, Piton Capital & 7 others	62/100
8th	Superbet 2008, Bucharest (Romania), Series B	Online gambling platform	$196M	Blackstone, HKK Partners & 1 others	62/100
9th	BetMGM 2018, United States, Unfunded	Operator of an online platform providing sports and event betting	-	-	62/100
10th	LiveScore Group 1998, London (United Kingdom), Series C	Developer of betting tools for bettors	$57.6M	Ringier, Aug Global Holdings & 14 others	60/100
111th	Neds 2017, Brisbane (Australia), Acquired	Online betting platform	-	-	39/100