PointsBet - About the company
PointsBet is an acquired company based in Richmond (Australia), founded in 2017 by Andrew Fahey. It operates as a Developer of an online sports betting platform. PointsBet has raised an undisclosed amount in funding. The company has 5138 active competitors, including 68 funded and 125 that have exited. Its top competitors include companies like bet365, Baazi Games and Splash Sports.
Company Details
Developer of an online sports betting platform. It allow users to place bets on multiple sports like soccer, basketball, horse racing, and much more. It also offers other features like betting news, odds, and spread betting.
- Website
- pointsbet.com.au
- Social
- Part Of
- PointsBet
Key Metrics
Founded Year
2017
Location
Richmond, Australia
Stage
Acquired
Latest Funding Round
Investors
Ranked
31st among 5138 active competitors
Investment & Acquisitions
Exit Details
Acquired by MIXI (Feb 26, 2025)
PointsBet's acquisition details
PointsBet got acquired by MIXI on Feb 26, 2025 at an acquisition amount of $221M.
Click here to take a look at PointsBet's acquisition in detail
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PointsBet's funding and investors
PointsBet has raised funding over 2 rounds. Its first funding round was on Sep 09, 2020. Its latest funding round was a Post IPO round on Jun 19, 2022 for $*****. 1 investor participated in its latest round. PointsBet has 1 institutional investor.
Here is the list of recent funding rounds of PointsBet:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 19, 2022 | 8860955 | Post IPO | 2636725 | 8495248 | 5040873 | 2487435 |
Sep 09, 2020 | 9603740 | Post IPO | 1496901 | 1163584 | 7942025 | 1282671 |
Access funding benchmarks and valuations. Sign up today!View details of PointsBet's funding rounds and investors
PointsBet's founders and board of directors
Founder? Claim ProfileThe founders of PointsBet is Andrew Fahey.
Here are the details of PointsBet's key team members:
- Andrew Fahey: Founder & CMO of PointsBet. Contact Info: 1 email address
View details of PointsBet's Founder profiles and Board Members
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PointsBet's Competitors and alternates
Top competitors of PointsBet include bet365, Baazi Games and Splash Sports. Here is the list of Top 10 competitors of PointsBet, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | bet365 2001, Stoke on Trent (United Kingdom), Acqui-Hired | Provider of an online sports betting platform for multiple sports | - | 67/100 | |
2nd | Baazi Games 2014, Delhi (India), Series B | Operator of online poker and sports prediction gaming solutions | $28.9M | 66/100 | |
3rd |  Splash Sports 2021, Sacramento (United States), Series B | Provider of a social sports betting platform | $28.6M | 65/100 | |
4th | William Hill 1934, London (United Kingdom), Acquired | App-based online gambling platform offering multi-category games | - | 65/100 | |
5th |  LiveScore Group 1998, London (United Kingdom), Series C | Developer of betting tools for bettors | $57.6M | 63/100 | |
6th |  BetMGM 2018, United States, Unfunded | Operator of an online platform providing sports and event betting | - | - | 63/100 |
7th | Midnite 2015, London (United Kingdom), Series C | Esports betting platform for players | $75M | 61/100 | |
8th |  Sazka 1956, Prague (Czech Republic), Acquired | App-based lottery and betting platform | - | - | 61/100 |
9th |  Flutter Entertainment 1958, Dublin (Ireland), Public | Provider of gambling services | - | 61/100 | |
10th | Betfair Group 2000, London (United Kingdom), Acquired | Online sports betting exchange | - | 61/100 | |
31st | Developer of an online sports betting platform | - | 49/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on PointsBet's competitors? Click here to see the top ones
PointsBet's Investments and acquisitions
PointsBet has acquired Banach. PointsBet has not made any investments as of now.News related to PointsBet
Filter this listMedia has covered PointsBet for a total of 30 events in the last 1 year, 3 of them have been about people movement and 1 about company updates.
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PointsBet Appoints Australia Lead Andrew Catterall as New Group CEOiGaming Business•Dec 17, 2025•PointsBet
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Ezugi Partners with PointsBet to Expand Live Gaming in Ontario, CanadaiGaming Business•Nov 17, 2025•Ezugi, PointsBet
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PointsBet Announces Board Reshuffle with MIXI Directors AppointediGaming Business•Oct 07, 2025•PointsBet
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MIXI Australia acquires majority control of PointsBetNEXT.io•Sep 08, 2025•PointsBet, MIXI, PointsBet
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PointsBet Supports MIXI as Takeover Battle Deadline NearsGambling News•Aug 29, 2025•PointsBet, MIXI, Betr, PointsBet
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MIXI PointsBet takeover faces new regulatory challenge from betrNEXT.io•Aug 11, 2025•Betr, PointsBet, Takeovers, MIXI and 1 other
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MIXI Australia submits best and final improved bid in PointsBet takeover sagaiGaming Business•Aug 08, 2025•Betr, PointsBet, MIXI, Betr and 1 other
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Betr confident PointsBet will reconsider latest takeover offeriGaming Business•Jul 30, 2025•PointsBet, Betr
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PointsBet board once again rejects Betr’s unsolicited takeover bidNEXT.io•Jul 23, 2025•PointsBet, Betr
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about PointsBet
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