Kutt

The platform to BET AGAINST ANYONE ON ANYTHING. #kuttit

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Security Type
SAFE
Min Investment
$100
Offering Date
December 10, 2024
Expected Close Date
March 09, 2025
No. Investors
83
Website
kutt.com

Company Description

Kutt is an innovative real-money P2P betting platform with the following features:

Perks

Invest
$250
Receive
Email shout-out to the entire Kutt community

1 investor
Invest
$1,000
Receive
Kutt T-Shirt + $50 site credit + VIP guestlist to future Kutt events
Limited (24 left of 25)

Invest
$2,500
Receive
Kutt T-Shirt, Hat, $100 site credit, and email shout-out to the entire Kutt community + VIP guestlist to future Kutt events
Limited (25 left of 25)

Invest
$10,000
Receive
Kutt T-Shirt, Hat, $250 site credit, email shout-out to the entire Kutt community, VIP guestlist to future Kutt events, and ticket(s) to a sporting event of your choice in 2025 (up to $500 in value)
Limited (5 left of 5)

Invest
$25,000
Receive
Everything listed in the $10,000 tier PLUS the Kutt Team will fly you out to Las Vegas (or another city of your choosing up to $2,000 in value) to watch the Super Bowl, Final Four, or other championship event with us!
Limited (2 left of 2)

Key Deal Facts

Kutt is a Peer-to-Peer (P2P) social betting app with 14,000+ users
WHAT: Kutt allows its users to bet on ANYTHING with a verifiable outcome
SOCIAL: Tons of social features that make betting more fun + engaging
FUNDING: Kutt has already raised over $1.3mm from VCs and Angel investors
REVENUE: Kutt is on pace to bring in more than $500k in revenue for FY2024
GROWTH: All metrics are up 2-4x YTD, and Kutt is close to profitability
MARKETING: Partnerships with ESPN LA, FoxSports Philadelphia, VSiN & others

Management Team / Advisory Board Bios

Sim Harmon
CEO
18 years in the betting space and 9 years experience in the finance industry. History of hard-work and success (Dean’s List, Eagle Scout, academic awards, etc.); passionate founder who has experience starting a company from scratch

James Tice
CTO
16+ years of software development experience, including 5+ years experience being CTO and co-founder of a sports betting app. Passionate technologist with a comprehensive development skill set from Java to Python to AI/LLMs to blockchain.

Dan Artaev
Gaming Counsel

Bryan Bennett
Advisor

Bob Hartman
Advisor
Amount Raised : $41,586
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Valuation

Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

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