The funds were raised from prominent venture capital firms as well as several notable angel investors, who share the company’s vision of revolutionizing the way people game.
WagerLab’s unique platform allows friends to make social game with each other on a variety of events, including sports, entertainment. The app aims to bring the excitement of gaming to a broader audience by making it more accessible and social while building a community around their shared interests.
“We are thrilled to have the support of our investors as we continue to build and improve our platform,” said William Labanowski, CEO and Founder of WagerLab. “We believe that there is a huge opportunity to transform the way people place game and interact with each other around events, and this funding will help us to expand this vision further.”
The company plans to use the funding to hire additional staff, invest in marketing and user acquisition, and continue to enhance the app’s features and functionality.
“We’re excited to partner with WagerLab as they build a new kind of social gaming experience,” said Brandon Janosky, Managing Partner at Stadia Ventures. “Their focus on making gaming more social and accessible is exactly what the market needs right now, and we look forward to seeing their continued growth and success.”
WagerLab has already gained traction, with a strong community of users and a high level of engagement on its platform, and recently facilitated its 1 millionth game. With this funding, the company is poised to take its platform to the next level and continue to innovate in the gaming space.
WagerLab is a social gaming app that allows users to place friendly wagers with their friends on various sports and events. WagerLab was founded in 2020 by William Labanowski and is headquartered in Houston, Texas.
For more information, visit the WagerLab website at www.wagerlab.app.
Name: Stuart Attwell