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Media & Entertainment Series A Founded 2024

BetHog

BetHog is an online crypto casino and sports betting platform that offers users the ability to wager on various gambling activities including live casinos, slots, and sports betting games using cryptocurrency. The platform provides a crypto-native gambling experience, enabling users to deposit, bet, and withdraw using digital assets. BetHog operates under gaming license regulation from the Government of the…

📍 Laxia, Cyprus · Gambling Tech

Funding snapshot

Last roundSeries A
Amount$10M
Date24 November 2025
Total raised$16M
Team size21

About

BetHog is an online crypto casino and sports betting platform that offers users the ability to wager on various gambling activities including live casinos, slots, and sports betting games using cryptocurrency. The platform provides a crypto-native gambling experience, enabling users to deposit, bet, and withdraw using digital assets. BetHog operates under gaming license regulation from the Government of the Autonomous Island of Anjouan, Union of Comoros, and is owned and operated by BetHog Operations Ltd. The platform's offerings encompass traditional casino games adapted for cryptocurrency transactions, live dealer casino experiences, slot games, and sports betting markets. As of July 2025, BetHog announced permanent site closure, with games, sports betting, and promotions no longer available, though remaining balances could be withdrawn. Founded in 2024 and headquartered in Laxia, Cyprus, BetHog had raised $16.4M in Series A funding from investors including 6MV, Will Ventures, Bullpen Capital, Karatage, Advancit Capital, RockawayX, and Phoenix Capital Ventures.

Business model

Gambling Tech > Online Gambling Platforms > Horizontal > Crypto Based

Team background

Company Wise > McKinsey,

College Wise > University of Warwick

Institutional investors

6MV Will Ventures Bullpen Capital Karatage Advancit Capital RockawayX Phoenix Capital Ventures Chris Grove Josh Hannah

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