Compliable
Compliable is a technology company.
Financial History
Compliable has raised $2.1M across 2 funding rounds.
Frequently Asked Questions
How much funding has Compliable raised?
Compliable has raised $2.1M in total across 2 funding rounds.
Compliable is a technology company.
Compliable has raised $2.1M across 2 funding rounds.
Compliable has raised $2.1M in total across 2 funding rounds.
Compliable is a SaaS platform that streamlines gaming license management for US sportsbooks, vendors, and iGaming companies.[1][2][3] It solves the problem of cumbersome, state-specific employee licensing by allowing users to enter information once, then auto-populating and generating error-free applications across multiple jurisdictions—reducing prep time from weeks to days.[2][3] Headquartered in Denver, Colorado, with around 17 employees and $5.3M in total funding, Compliable serves the booming legal gaming sector, enabling faster market entry and lighter compliance workloads.[1][2]
Founded around 2016 (with some records noting 2020), Compliable emerged to tackle the fragmented regulatory landscape of US gaming licenses, particularly as sports betting legalization accelerated post-2018 PASPA repeal.[1][2] The core idea stemmed from the pain of employees repeating paperwork across states, which the platform automates via intelligent reuse of data.[2][3] Early traction likely built on Colorado's progressive iGaming environment, given its Denver HQ, leading to $5.3M in funding across one round and a hybrid workforce model.[1][2]
Compliable rides the explosive growth of legal US sports betting and iGaming, a market surpassing $10B annually by 2025 amid 38+ states with legalized wagering.[1][2] Timing aligns perfectly with post-PASPA expansion, where operators face mounting compliance hurdles across jurisdictions—Compliable simplifies this, much like HR tech streamlined remote work onboarding.[3] It influences the ecosystem by enabling faster scaling for sportsbooks, reducing barriers for vendors, and supporting regulatory agility in a high-stakes industry prone to fines for non-compliance.[1][3]
Compliable is poised for acceleration as iGaming proliferates into more states and online betting evolves with AI-driven personalization. Expect expansions into adjacent regs like vendor credentials or international markets, bolstered by its funding and tech foundation—potentially doubling revenue as operators prioritize compliance amid growth.[1][2] Trends like regulatory harmonization and blockchain verification could amplify its edge, solidifying Compliable as essential infrastructure for gaming's next phase, much like it already transforms onboarding chaos into seamless scalability.[3]
Compliable has raised $2.1M in total across 2 funding rounds.
Compliable's investors include Act One Ventures, Battery Ventures, Bettor Capital, CP Ventures, Harlem Capital, KB Partners, M13, Vamos Ventures, Eric Ries, Mercury Fund, Ned Hill.
Compliable has raised $2.1M across 2 funding rounds. Most recently, it raised $2.0M Seed in May 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2021 | $2.0M Seed | Act One Ventures, Battery Ventures, Bettor Capital, CP Ventures, Harlem Capital, KB Partners, M13, Vamos Ventures, Eric Ries | |
| Jun 1, 2019 | $120K Seed | Mercury Fund, Ned Hill |