Slips, a peer-to-peer esports platform, has successfully raised $3.5 million in a seed funding round led by Las Olas Capital and Sunset Bay Capital. Notable investor Andrew Schwartzberg, co-owner of the Charlotte Hornets and Leeds United, also participated. The platform, which allows user-to-user betting without a bookmaker, has reported a 500% annual growth rate. The funds will be allocated towards technology upgrades, team expansion, user growth, and the development of crypto payments and stablecoin withdrawals, alongside plans for international market expansion.
Slips Secures $3.5 Million in Seed Funding for Expansion
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