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Jackpocket
Lottery app
- 101-200 employees
- B2C
- Marketplace
- Gambling
- Mobile
- Midtown South, New York, NY
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Company mission
Jackpocket’s mission is to create a more convenient, fun, and responsible way to play the lottery.
Our take
Buying lottery tickets is expected to be a $450 billion global industry by 2027, and the process is going mobile. This is benefitting younger generations of lottery buyers as many considered the old-fashioned purchasing process to be inaccessible.
Jackpocket was founded in 2013 and was the first third-party lottery app in the US that allowed customers to buy official state lottery tickets digitally. Its platform enables the purchasing of tickets for lotteries such as Powerball and Mega Millions across twelve US states.
The company has raised $200 million in funding rounds to date and plans to continue expanding the range of lotteries and states that are supported. It benefits from increased attention and downloads when jackpots reach millions, and it is likely that the company will only continue to grow its partner, employee and customer base due to this.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Cold Brew & More on Tap
- Stocked Kitchen & Catered Lunches
- 401(k) Matching
- Stock Options
- Health Insurance Coverage up to 100%
- Career Growth and Promotion from Within
- Commuter Benefits
- Citi Bike Membership
- Discounted Gym Membership
- Flexible Work Schedule
Company values
- The Golden Rule works
- Think outside the box
- Design is not a luxury
- Persistence is irreplaceable
- Laughter has no accent
- You're an owner!
Funding (last 2 of 7 rounds)
Nov 2021
$120m
SERIES D
Feb 2021
$50m
SERIES C
Total funding: $199.8m
This company has top investors
Leadership
Peter Sullivan
(CEO )Attained a Bachelors in Economics and International Business from Vilanova and Rutgers Universities, and a Masters in Finance at Stockholm University. Also founded Tripl in 2009.