Lebom secures £1m for peer-to-peer sports betting app

An estimated £1m funding round has been secured by Lebom Limited, a London-based developer of a sports betting application for Premier League predictions. The platform facilitates peer-to-peer gambling among friends where the winner takes the pot, utilizing a model that avoids traditional betting odds. This investment values the company at approximately £9m.

Incorporated in 2019, the startup provides a social environment for groups, positioning itself as a safe platform for users to interact and laugh together. The firm is categorized within the business and domestic software development sector and maintains a digital presence at lebom.app. This latest capital injection takes the total funding raised this year to £1.1m.

Financial records for the year ending 31 July 2025 show the business employed four people at that time. More recent data from LinkedIn indicates the workforce has grown to eight employees. Documentation for this funding round was filed in June 2026.