The San Francisco Giants are among the investors that provided the funding for the in-game betting technology startup over multiple rounds.
Simplebet, a US-based developer of software that helps establish betting markets for sporting events, has confirmed it has raised a total of more than $35m from investors including baseball franchise the San Francisco Giants.
The Giants were joined by a range of individual investors. Regulatory filings indicate the startup secured $8m in debt financing in January 2019, $15m in equity funding six months later, another $8.5m in equity financing in January this year and $11.2m in series B funding