177% up to 5BTC + 77 Free Spins!
New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins
Kero Gaming has secured $3 million in fresh funding as it ramps up efforts to grow its presence in the fast-expanding micro-betting segment. The Miami-based company, which supplies real-time betting tools to more than 180 sportsbooks worldwide, announced the new capital raise on Tuesday.
Good to know
CEO and Founder Tomash Devenishek said the investment sets the stage for further growth. “This funding round marks a significant milestone for Kero as we enter a phase of accelerated growth,” he noted. “With SIG Sports’ lead investment and board participation, we’re well-equipped to ensure that the industry has a long-term, trusted provider delivering robust offerings that meet the evolving demands of operators worldwide.”
Founded in 2020, Kero Gaming has grown quickly thanks to the rising demand for micro-betting tools. These products allow users to place in-play wagers on single plays or moments—like a pitch in baseball or a snap in football—using real-time data and rapid processing.
Kero’s platform generates algorithmically curated odds, delivering live betting options to users within seconds. The technology is tailored for operators looking to boost engagement during live sports, with coverage across multiple leagues including soccer and college athletics.
Earlier this year, Caesars Sportsbook integrated Kero’s platform into its international operations, further extending the company’s reach. The new investment will help Kero scale its odds feeds and enter additional markets.
SIG Sports Vice President Joe Grubb praised the company’s progress. “Kero Gaming has demonstrated exceptional growth and innovation in the micro-betting space. We’re excited to deepen our partnership and support their mission to lead this exciting capability in oddsmaking for one of the highest growth categories within sports entertainment.”
Although operators generally avoid disclosing revenue breakdowns from micro-betting, the format has become one of the fastest-growing segments in online wagering. As real-time tech continues to improve, operators have expanded their in-play betting options to meet rising demand for short-term, high-frequency wagers.
Kero Gaming believes it is in a strong position to lead in this area. In its statement, the company said, “As European and global operators begin to embrace this dynamic form of betting, Kero is uniquely positioned to lead the charge, bolstered by its recent funding and strategic market expansions.”