YC-backed Better Opinions raises $2.5 Mn from Metaplanet VC, others

Event trading startup Better Opinions has raised $2.5 million from Metaplanet VC and Goldwater Capital. YCombinator, Taurus VC, Original Capital, Tremis Capital, Super Capital,  and others have also joined the new round.

The fresh funds will be used to build and expand the product and tech team, towards marketing and user growth. The Gurugram-based startup also planning to build a social platform where users can trade and engage.

Better Opinions allows users to trade their opinions on events in various categories such as cricket, football, finance and entertainment. The platform claims to have over 600,000 users covering more than 14,000 events within a span of 6 months.

Previously, Better Opinions had raised over $1 million in a pre-seed round from YC, Soma Capital and Java Capital in February this year. According to a TechCrunch report, the startup is also in talks with Facebook parent Meta for funds.

In the reward-based event trading space, Better Opinions competes with Sequoia Capital-backed Probo and TradeX.

Better Opinions seems to be a fascinating startup with a motivating turn of events on financial services platform. I’m sure this startup would continue to prosper in its journey ahead. My best wishes to the entire team. This will give them a huge accomplishment in the future.

Shishir Gupta, Founder and CEO, StartupLanes

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