Cheddr
Cheddr is a mass-market sports wagering platform legal in 46 states
Jason Krupat, Katelyn Friedson · 2 co-founders
About
Cheddr is a real-money sports wagering app built for the mass market, legally operating in 46 states—nearly twice as many as DraftKings. Sports betting is a massive industry, with $150 billion wagered annually in the U.S. A staggering 25% of adults and 82% of all male college students place bets each year. Yet, online sportsbooks are only legal in 25 states, and most platforms exclude players under 21. Existing options tend to be complex often resembling Excel spreadsheets with little social interaction or engagement. We are building the TikTok of sports wagering—a sportsbook legal in 46 states (about twice as many as DraftKings). We feature an easy to use UI, gamification and live in-game micro betting, which is powered by partnerships with the NFL. The Cheddr team has 30+ years of combined experience in sweepstakes, skill and real money games. CEO, Jason Krupat is a serial entrepreneur who previously raised funding from Drive by DraftKings for a crypto skill games platform.
2 founders