Social Betting App Youbetme Raises $2.7M

Youbetme, the startup behind the social betting app of the same name, announced today that it has raised $2.7 million in Series A funding.

Youbetme says it launched the app in January. The company bills itself as a way to “bet on anything, at any time,” either through its iOS app or it’s website. To be clear, it doesn’t support real-money betting, but rather tracking friendly bets with friends. (You could probably put money on those bets, just not through the app itself …) There’s also an Android app in beta testing.

Investors in the round included SierraMaya360, DVG, and Abingdon Capital. Angel investor Brad Stroh is joining the Youbetme board of directors.

The company participated in the DEMO conference back in 2012.