Smarkets is a betting exchange that offers a secure and transparent platform for trading on sporting, political and current affairs events. As an exchange, Smarkets facilitates peer-to-peer betting where users set their own odds and bet against each other, not only before an event starts but right up until the end of any event.

Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2008
Size (employees)
58 (est)+6%
Smarkets was founded in 2008 and is headquartered in London, GB

Key People at Smarkets

Jason Trost

Jason Trost

CEO / Founder

Smarkets Office Locations

Smarkets has offices in London, Santa Monica, Los Angeles
London, GB (HQ)
1 Commodity Quay

Smarkets Metrics

Summary Metrics

Founding Date

2008

Total Funding

$2.7 m

Latest funding size

$2.3 m

Time since last funding

about 4 years

Investors

Smarkets's latest funding round in February 2013 was reported to be $2.3 m. In total, Smarkets has raised $2.7 m

Smarkets Financial Metrics

Revenue (2015)

£10.4 m

Revenue growth (2014-15), %

429%

Gross profit

£8.3 m

Gross profit margin (2015), %

80%
Smarkets's revenue was reported to be £10.4 m in FY, 2015 which is a 429.3% increase from the previous period.
FY, 2014FY, 2015

Revenue

£2 m£10.4 m

Revenue growth, %

429%

Cost of goods sold

£404 k£2.1 m

Gross profit

£1.6 m£8.3 m

Gross profit Margin, %

79%80%

Operating expense total

£1.2 m£3.1 m

Smarkets Job Categories

Smarkets Online Presence

Smarkets News

Smarkets Company Life

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