DubClub, a platform where amateur sports bettors can subscribe to professional “handicappers,” recently raised a $7.5M Series A round led by Renegade Partners.
The company ultimately hopes to help amateur bettors win more by finding experts that may help them better understand which bets to make.
Users can subscribe to professional “cappers,” a gambling industry term for people that research and pick winners using their own handicapping systems which DubClub vets.
They then receive information through text, email or Discord.
The company was founded in 2021 by Ryan Gaertner, Andrew Daschbach and Lewis Burik.
Since then, the company has seen more than 1 million subscribers on its platforms, with some users being consistently subscribed to certain cappers for more than a year straight.
Gaertner said DubClub isn’t a particularly capital-intensive business and they didn’t need to raise per TechCrunch.
He added that the raise is so DubClub can build a better tech stack and website — Gaertner said he can acknowledge their tech is good now but not great — and needed the capital to hire engineers and product people.
