kutt on Republic

Raise closed, search for fresh raises on Seedstage

Gilbert, SC

Revolutionizing social betting with a secure, interactive P2P platform.

  • Innovative platform: Enables P2P betting on sports and non-sports events with guaranteed settlements.
  • Robust community features: Includes chats, leaderboards, and fan groups to enhance engagement.
  • Proven traction: Over $20 million in bet volume and 14,000+ users in FY2024.
  • Patented technology: Proprietary system for P2P wagering with smart-matching capabilities.
  • Growth-oriented: Partnerships with major sports networks and an expanding college ambassador program.

Kutt is an innovative peer-to-peer (P2P) betting platform that enables users to place real-money wagers on both sports and non-sports events with guaranteed settlements and comprehensive social features. The platform supports customizable bets, fostering an engaging community where users can interact through chats, leaderboards, and fan groups. Kutt aims to address the inefficiencies and trust issues in traditional social betting by leveraging secure escrow-backed payments and a user-friendly interface.

With over 14,000 users and rapid growth metrics, the company seeks to expand its reach and refine its proprietary technology. Funds raised in this offering will be utilized to enhance marketing, scale operations, and support user acquisition initiatives, positioning Kutt as a leading platform in the burgeoning social betting market.

Company Info

Kutt is a P2P social betting platform enabling real-money wagers on verifiable outcomes with integrated social features.

Kutt is a peer-to-peer (P2P) betting platform enabling users to place wagers directly on verifiable outcomes, ranging from sports and politics to pop culture and personal events. The app incorporates social features like user profiles, chats, and leaderboards, offering a more engaging and community-oriented betting experience. Kutt guarantees settlement by requiring pre-funding of bets and employs proprietary technology, including smart-matching and partial-filling systems, to facilitate seamless transactions. Operating in 40 U.S. states, Kutt aims to redefine social betting through its unique blend of real-money betting and social interaction.

The platform has over 14,000 users and has processed more than $20 million in bets to date, showcasing rapid growth and traction in the market. With a scalable revenue model based on transaction fees and plans for additional revenue streams like odds generation and B2B tech licensing, Kutt is positioned to capitalize on the growing demand for innovative betting solutions. Partnerships with major media outlets and a college ambassador program further bolster its reach and market presence.

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