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Joey Levy is the co-founder and CEO of Betr and an investor at 305 Ventures, based in Miami, Florida. Before launching his current consumer media platform, he co-founded Simplebet, a B2B technology company focused on machine learning models for micro-betting, and Draftpot, a daily fantasy sports operator. Levy left Columbia University at age 18 after receiving a Thiel Fellowship, subsequently raising over $100 million in venture capital across his entrepreneurial ventures. Under his leadership, Betr secured $15 million in new equity funding at a $375 million valuation in March 2024 to expand its real-money fantasy sports product nationwide. Through 305 Ventures, he allocates $25,000 to $100,000 checks into early-stage startups establishing a presence in the South Florida market. His career centers on pioneering direct-to-consumer micro-betting technologies and accelerating the broader Miami early-stage technology ecosystem.
Joey Levy stands out as a visionary investor at 305 Ventures, bringing a wealth of entrepreneurial success and deep industry insight to the venture capital landscape. Known for his groundbreaking work in the sports technology and gaming sectors, Levy has established himself as a key figure in identifying and nurturing disruptive innovation.
At 305 Ventures, Joey Levy plays a pivotal role in identifying and backing early-stage companies with high growth potential. His investment philosophy is heavily influenced by his own experiences as a founder, allowing him to offer invaluable strategic guidance and mentorship to portfolio companies. He is particularly focused on sectors where technology can transform traditional industries, seeking out founders who are building the next generation of consumer experiences and infrastructure.
Levy's career background is marked by significant achievements in the sports betting and technology space. He is widely recognized as the co-founder of Betr, a pioneering micro-betting media and gaming company that has redefined how fans engage with live sports. Before Betr, Levy co-founded Simplebet, a B2B technology company that powers micro-betting for sports leagues and operators. These ventures underscore his ability to not only conceptualize innovative solutions but also to execute them on a large scale, creating entirely new market categories. His work at Simplebet laid the technological foundation for the real-time, in-game betting experiences that Betr later popularized, demonstrating a consistent vision for the future of sports entertainment.
Joey Levy's investment focus areas at 305 Ventures are a direct reflection of his expertise and passion. He actively seeks opportunities in sports technology, including fan engagement platforms, analytics, and new betting technologies. Fintech, especially as it intersects with consumer behavior and digital payments, is another key area of interest. Furthermore, he is keen on consumer internet companies that leverage novel approaches to social interaction, content delivery, and digital commerce. His portfolio interests include startups that are leveraging AI, machine learning, and data analytics to create more personalized and immersive user experiences.
Through 305 Ventures, Joey Levy is committed to supporting founders who are challenging the status quo and building scalable businesses that can achieve significant market impact. His unique blend of operational experience and investment acumen positions him as a valuable partner for entrepreneurs looking to navigate the complexities of scaling a technology company. He continues to be a driving force in the evolution of sports, gaming, and consumer technology, shaping the future through strategic investments and visionary leadership.
Joey Levy is a prominent investor at 305 Ventures and a successful entrepreneur. He is best known as the co-founder of Betr, a micro-betting media and gaming company, and Simplebet, a B2B technology company powering micro-betting.
Joey Levy primarily invests in early-stage companies within sports technology, gaming, fintech, and consumer internet sectors through 305 Ventures. He focuses on disruptive technologies and innovative business models.
Joey Levy works as an investor at 305 Ventures. He is also a co-founder of Betr, a micro-betting media and gaming company.