Circl raises £375k in pre seed funding led by Dutch Sport Tech Fund to launch its social betting application.
Dutch Sport Tech Fund led the pre seed round to support the launch of the live action sports betting platform.
Circl operates a live action social betting application that connects groups of friends during live sports matches. The Manchester based start-up dedicates a share of its profits to grassroots football initiatives.
Circl has secured £375k in pre seed funding led by Dutch Sport Tech Fund alongside various angel syndicates. The Manchester based sports tech start-up has launched its live action social betting application on iOS and Android platforms.
The capital supports the commercial launch of the platform, which allows groups of friends to pool money and wager on real time pitch events rather than final match outcomes. The company also intends to allocate a proportion of its profits to support grassroots football programmes in the UK.