YouBetMe Social Betting App Secures $1.2 M on Fundable, 100K Users in 90 Days

Youbetme, a new social app that aims to make it fun and easy “to make bets with friends about anything, anytime and youbetmeanywhere,” has secured $1.2M on Fundable.  The company hopes its app becomes the modern day handshake, “the fun, social way to make everyday bets with friends just a bit more interesting.”

Since launching this January, the Youbetme app has experienced enviable traction, reaching the number 5 spot in the App store and surpassed 100,000 downloads just 90 days. The Youbetme team expects to reach over 1 million downloads before the end of the year.  The Youbetme’s team comprised of is working to finalize relationships with several large gaming companies as well as increase marketing efforts.

Nils Lahr Jason Neubauer Justin JarmanHelmed by CEO & Co-Founder Jason Neubauer, President & Co-Founder Justin Jarman and CTO Nils Lahr.  Prior to co-founding Social Bet, Jarman served as Managing Partner at OmegaGE, an NYC VC firm and has played early roles in multiple startups that have shown solid success, including Mobli and Notarynow.com (Signnow.com), both of which have received significant venture capital backing. Lahr, a recognized technology leader and co-founder of 8 high-tech startups, has spent the last 17 years driving some of the most advanced Internet and communication projects and solutions in the world as both lead architect and inventor.

According to its Fundable campaign Youbetme app highlights its comprehensive features including:

  •  Patent Pending Text Messing Betting: We are the first ever real-time text messaging betting system tied to youbetmea platform. You can create, confirm, or deny bets via text message without ever going into the application. 
  •  Coming Soon: Video Bets! Stay up-to-date on the breaking news, and featured content happening on Youbetme.
  • News Feed: Stay up-to-date on the latest bets, breaking news, and featured content happening on Youbetme.
  •  Pay Up: Keep track of your lost bets, what you owe and to whom. Youbetme keeps track of your “Street Cred,” or the percentage of lost bets you’ve paid up on, so be sure to stay on top of it! 
  •  History: View your past wagers to reflect on your epic victories and noble defeats. 
  • Sports Scores: Quickly and easily check the scores of any games where you might have a stake in the outcome
  •  Find Friends: Search for people you know who are already active on Youbetme, then friend and/or follow them!
  • Custom Profile: See how many friends and followers you have, and how many people you’re following, plus the number of bets you’ve won and lost and other useful stats.

More detailed financial and company information about Youbetme’s private crowdfunding campaign is available to registered Fundable investors.

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