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.