Betolio is a Swedish tech startup that is revolutionizing the sports betting industry by allowing football fans to bet real money against each other, rather than a computer. The platform's unique approach leverages a social, mobile, and user-friendly interface designed exclusively for iPhone users in Sweden. Plans for expansion into other European markets set 2017 as a milestone year for the company.
Founded in 2015, Betolio operates at the intersection of Gaming, Mobile, Social Media, and Sports. Its innovative platform has already captured attention within the industry, having raised a €390.00K seed investment on 01 February 2016 from investor FundedByMe.
As Betolio continues to build out its presence in Europe, its model of direct user interaction and community-based wagering could attract further interest from venture capitalists looking for differentiated plays in the gaming sector.
