Rabbet has officially launched its innovative social sports picks app following an oversubscribed pre-seed funding round that raised $250,000. The strong interest from investors highlights confidence in Rabbet’s disruptive approach to the sports gaming industry. The app allows users to engage in sports picking with friends, celebrities, and brands, eliminating traditional sportsbooks and associated fees. With a focus on customization and user experience, Rabbet transforms casual sports picks into an interactive social experience where participants can win real prizes.
CEO Mark Parise emphasized the company’s vision to create a social, fair, and fan-driven platform, allowing users to set their terms and retain more of their winnings. Rabbet aims to build a community that enriches sports culture and contributes to charitable causes. The platform features a unique Promotion Headquarters, enabling users to join free-to-play picks sponsored by brands and celebrities, offering exclusive rewards without financial risk.
Rabbet also prioritizes community and philanthropy through Sponsored Offers, allowing users to compete against well-known figures with proceeds supporting charitable organizations. Advisor David Stahl praised Rabbet’s innovative approach, positioning the company to meet the growing demand for engaging and responsible sports entertainment.
The newly acquired funding will be used to enhance marketing efforts, advance Rabbet’s technology, and expand its product offerings. Founded in 2022 and based in Chicago, Rabbet aims to revolutionize sports entertainment by making it social, accessible, and community-focused, turning every game into an opportunity for philanthropy.
