Cheddr
Cheddr is a mass-market sports wagering platform legal in 46 states
About
Cheddr is a real-money sports wagering app built for the mass market, legally operating in 46 states—nearly twice as many as DraftKings. Sports betting is a massive industry, with $150 billion wagered annually in the U.S. A staggering 25% of adults and 82% of all male college students place bets each year. Yet, online sportsbooks are only legal in 25 states, and most platforms exclude players under 21. Existing options tend to be complex often resembling Excel spreadsheets with little social interaction or engagement. We are building the TikTok of sports wagering—a sportsbook legal in 46 states (about twice as many as DraftKings). We feature an easy to use UI, gamification and live in-game micro betting, which is powered by partnerships with the NFL. The Cheddr team has 30+ years of combined experience in sweepstakes, skill and real money games. CEO, Jason Krupat is a serial entrepreneur who previously raised funding from Drive by DraftKings for a crypto skill games platform.
From their website
www.cheddr.xyz ↗Cheddr positions itself as a mass-market sports wagering platform focused on accessibility, social engagement, and rewarding experiences. It aims to redefine sports gaming by offering a more approachable and engaging experience across a wide market.
The product appears to be a sports wagering platform designed for broad consumer adoption, emphasizing social and rewarding aspects of sports gaming. Concrete details such as features, interfaces, or mechanics are not provided in the text, but the emphasis is on accessibility, social interaction, and a rewarding user experience within sports wagering.
Who it’s for: mass-market sports bettors and casual players seeking a social and accessible wagering experience
- accessible sports wagering experience
- social engagement around betting
- rewarding user experience
Founders · 2
Jason Krupat, is a serial entrepreneur with two decades of experience in casino, sweepstakes, and skill-based gaming. He has led real-money game studios at industry giants including Yahoo!, Game Show Network, Publishers Clearing House, Skillz, Worldwinner and VGW. Jason was also co-founder of Burn Ghost, a crypto skill gaming platform that raised funding from Drive by DraftKings and other top VCs. Beyond gaming, Jason made headlines in 2019 by solving one of America's most legendary and complex puzzles, unearthing a long-lost buried treasure. His remarkable discovery was featured on Discovery Channel’s Expedition Unknown, is the focus of a feature-length documentary, and was optioned for a major motion picture.
Katelyn Friedson is a veteran product leader with over 15 years of experience launching and scaling consumer-facing platforms. She has been part of three successful exits, including iHeartRadio's acquisition of Thumbplay and Care.com’s IPO. With extensive experience in casino, sweepstakes, and Web3 gaming, Katelyn has built and grown platforms that engage users and drive retention. She was a founding team member at Burn Ghost, a Web3 gaming platform, and VGW’s Sweepz, a sweepstakes-based gaming platform, where she led product, marketing, and community efforts. At Cheddr, she brings her expertise in building and scaling innovative, sticky products that users love. Early in her career, she worked closely with pioneers of the Lean Startup movement, developing a deep understanding of how to build products by starting with market and consumer needs, validating early, and iterating lean. This foundation shaped her approach to product development and growth strategy. Her work has been featured in "Designing Products People Love."
Related startups
Robinhood for sports prediction markets
Win money betting on yourself playing AAA video games
