Snapscreen announces $ 1.2 million funding round led by Sharp Alpha Advisors

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Technology company Snapscreen announced $ 1.2 million funding round led by New York-based VC Sharp Alpha Advisors.

Snapscreen is the inventor and exclusive operator of SnapOdds, a B2B computer vision technology product that solves customer acquisition challenges for the sports betting industry.

Sports betting and sports media apps that integrate the SnapOdds SDK will allow users to point their smartphone at any sporting event live, on TV or streaming, and instantly benefit from all odds from relevant bets for this game.

The technology is powered by a proprietary video recognition engine that can determine the sporting event being broadcast using a single image or a single image. The SnapOdds SDK can be seamlessly integrated into native iOS and Android apps as well as web apps.

Lloyd Danzig, Managing Partner of Sharp Alpha Advisors, said: “Sports betting struggles to minimize registration friction and better facilitate in-game betting. SnapOdds provides a turnkey B2B solution that helps operators and media platforms to optimize engagement and retention.

Thomas willomitzer, Founder and CEO of SnapScreen Inc, added, “SnapOdds helps operators drive user acquisition and enables media platforms to optimize affiliate conversions by delivering a turnkey user experience that sports bettors find. both new and very useful. “

The launch of SnapOdds in 2021 has garnered considerable attention and interest from sports betting operators, technology providers and associated media networks. The company has already won its first client, Stations Casinos in Las Vegas, through the Miomni.com network, a leading provider of white label gaming solutions and casino software.

“The funding round was over 2.5 times oversubscribed and includes highly strategic gaming industry investors,” noted Willomitzer. “We are very encouraged by the validation provided by this funding. ”

Willomitzer also announced that the industry expert Benjie Cherniak is one of the company’s advisers.


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