Where is Trueflip located?

Trueflip is headquartered in Moscow, Russia.

How many employees does Trueflip have?

As of Jul 01, 2024, the latest employee count at Trueflip is 17.

Is Trueflip a funded company?

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

Where does Trueflip rank among its competitors?

Trueflip ranks 45th amongst 792 active competitors, of which 18 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was BetHog, which secured $10.4M in Nov, 2025.

Who are the top competitors of Trueflip?

Trueflip's top competitors include California Lottery, BetHog and Lottery. Among them, BetHog secured the most recent funding round in November, 2025.

Trueflip - 2026 Company Profile, Team, Funding & Competitors

Trueflip is a funded company based in Moscow (Russia), founded in 2016 by Konstantin Katsev. It operates as an Open-source Bitcoin based lottery. The company has 792 active competitors, including 18 funded and 25 that have exited. Its top competitors include companies like California Lottery, BetHog and Lottery.

Company Details

Trueflip is an an open-source, international, pool verifiable lottery system that runs on a blockchain. The system requires individuals to choose a random number, and if the draw mechanism on the platform matches the chosen number, then it instantly releases the pool to the winner. Since all transactions to and from the platform are on the blockchain, individuals can further verify the size of the pool and the frequency of payouts made from the system.

Website: trueflip.io
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Email ID: *****@trueflip.io

Key Metrics

Founded Year

2016

Location

Moscow, Russia

Stage

Funding Raised

Investors

Pantera Capital

Ranked

45^th among 792 active competitors

Employee Count

17 as on Jul 01, 2024

Similar Companies

PoolTogether & 82 more

View Trueflip's full profile

Trueflip is a funded company. Trueflip has 1 institutional investor.

View details of Trueflip's funding rounds and investors

The founders of Trueflip is Konstantin Katsev.

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

Konstantin Katsev: Co-Founder of Trueflip.

View details of Trueflip's Founder profiles and Board Members

Trueflip's employee count trend

Trueflip has 17 employees as of Jul 24. Here is Trueflip's employee count trend over the years:

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Top competitors of Trueflip include California Lottery, BetHog and Lottery. Here is the list of Top 10 competitors of Trueflip, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	California Lottery 1984, Sacramento (United States), Unfunded	App-based lottery platform	-	-	64/100
2nd	BetHog 2024, Laxia (Cyprus), Series A	Provider of an online crypto casino and sports betting platform	$16.4M	6MV, Advancit Capital & 5 others	57/100
3rd	Lottery 1998, Austin (United States), Public	Online gambling platform offering lottery-based games	$20M	500 Global, SilverHaze Partners & 27 others	56/100
4th	Jackpot 2016, Sliema (Malta), Series A	Online gambling platform offering casino and lottery games	$42M	Courtside Ventures, Accomplice & 22 others	55/100
5th	Georgia Lottery 1992, Atlanta (United States), Unfunded	Provider of an online lottery platform	-	-	52/100
6th	Texas Lottery 1992, Austin (United States), Unfunded	Provider of an online lottery platform	-	-	51/100
7th	PoolTogether 2016, United States, Seed	Provider of a crypto-based pool lottery gambling platform	$4.42M	ParaFi, Ideocolab & 13 others	51/100
8th	PancakeSwap 2020, Hiroshima (Japan), Seed	Decentralized crypto exchange and crypto-betting platform	-	Buks Capital, Rivaka & 3 others	51/100
9th	Rhode Island Lottery 1974, Cranston (United States), Unfunded	Provider of an app-based online lottery platform	-	-	49/100
10th	Svenska Spel 1997, Visby (Sweden), Public	Online lottery and betting platform	-	-	49/100
45th	Trueflip 2016, Moscow (Russia), Funding Raised	Open-source Bitcoin based lottery	-	Pantera Capital	33/100