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§ Private Profile · 651 Garrison St Suite 110 Lakewood, Colorado 80215, USA
SaaS platform for US sportsbooks, iGaming companies, and vendors, managing employee gaming licenses and multi-state applications.
Based in Denver, Colorado, Compliable provides a SaaS platform that helps United States sportsbooks, vendors, and iGaming companies manage and automate employee gaming licenses across multiple state jurisdictions. The centralized software system allows users to enter their personal information once to auto-populate complex regulatory forms, effectively reducing application processing times from several weeks to just a few days. Operating with a team of 17 employees, the company currently manages regulatory compliance for over 500 staff members at one of the largest domestic sportsbooks. Compliable has raised $1.7 million in seed funding through a financing round led by KB Partners, with additional backing from Bettor Capital founder David VanEgmond. Originally operating under the name Rebric, the enterprise was founded in 2016 by a team of industry entrepreneurs that includes current Chief Executive Officer Chris Oltyan.
Compliable has raised $5.7M across 3 funding rounds.
Compliable has raised $5.7M in total across 3 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 $5.7M across 3 funding rounds. Most recently, it raised $3.6M Seed Extension in October 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 21, 2021 | $3.6M Seed Plus | David Vanegmond | — | Announced |
| May 1, 2021 | $2M Seed | — | ACT ONE Ventures, Battery Ventures, Bettor Capital, CP Ventures, Harlem Capital, KB Partners, M13, Vamos Ventures, Eric Ries | Announced |
| Jun 1, 2019 | $120K Seed | — | Mercury Fund, NED Hill | Announced |
Compliable has raised $5.7M in total across 3 funding rounds.
Compliable's investors include David VanEgmond, Act One Ventures, Battery Ventures, Bettor Capital, CP Ventures, Harlem Capital, KB Partners, M13, Vamos Ventures, Eric Ries, Mercury Fund, Ned Hill.