YC-backed Better Opinions raises $2.5 million inn funding from Metaplanet VC, others
- ByStartupStory | July 25, 2022
Better Opinions, a Y Combinator-backed startup, has acquired $2.5 million in new funding from a variety of investors, including MetaPlanet VC and Goldwater Capital. Investors such as YCombinator, Taurus VC, Original Capital, Tremis Capital, Super Capital, and others, as well as angel investors, took part in the investment round.
Better Opinions is a prediction market programme that allows users to exchange their opinions for real money on events ranging from cricket to bitcoin, politics, and entertainment. Better Opinions has evolved from continuous double auction transactions, in which users can trade on yes/no results, to polls, in which users can trade from a variety of possibilities.
According to the company, prediction markets are a relatively new asset class in which users can earn money by trading on future unknown events. Currently, the company has over 6 lakh users who have exchanged over 10 crore on their site. Better Opinions had previously raised $700,000 in a pre-seed round from investors such as Soma Capital and Java Capital.
About Better Opinions
Better Opinions was founded in 2021 by Samay Jain and Soumyajit Das. Better Opinions aspires to be the stock exchange for opinions. The platform allows you to trade on different outcomes while also providing you with actionable information to assist you with your trades. Better Opinions allows investors to set their prices, hedge, and trade.
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