Startup Details

Startup logo forecasted as the next unicorn in the AltaIR's portfolio

Disrupts the lottery industry, allowing customers to participate in global jackpots that are backed by an Insurance Linked Security structure

Overview forecasted as the next unicorn in AltaIR’s portfolio disrupts the lottery industry, allowing customers to participate in global jackpots that are backed by an Insurance Linked Security structure. lets you play lotteries from all around the world — lotteries you previously couldn’t access. It offers the US Powerball, the Euromillions and many others with the biggest jackpots. But instead of operating as a lottery agency, operates more like a bookmaker, taking “bets” on the outcome of the numbers drawn. It is covered by an insurance policy, so if the jackpot is won, Jackpot collects an insurance payout — and in turn, pays players.

25+ lotteries with the largest jackpots all over the world!



24 scratchcards and games bring 10% of GMV



  • Users bet on lottery results for over 25 global lotteries.
  • Licensed by Malta Gaming Authority (MGA), UK Gambling Commission and the Republic of Ireland National Excise License Office.
  • Winnings are paid by issuing an ILS (Insurance Linked Security).
  • Available anytime, anywhere on mobile and PC
  • Online lottery betting is not the same as buying a physical lotto ticket. Instead, the customer places a bet on the outcome of an official lottery, and this bet is managed by Any money that the customer wins is paid out by directly.
  • 7 languages.


  • Lottery is a $300B market globally (7.6% growth), while offline market dominates (95% share).
  • Sales of state lotteries in US reached $73.9B in 2015 (4% CAGR for last 6 years). European lottery market is $116B and Chinese is $55B and Russian $300M.
  • 57% of Americans reported buying tickets in the last 12 months. 70% of population play lotteries in France, 40% in Finland, 29% in China and only 6% in Russia.
  • There are 1-3 lotteries in each developed country, 2 all-European lotteries and 50 state US lotteries.
  • The main barrier is limited access to global lotteries (due to regulation and offline sales). In US lotteries are allowed to be sold online in 2011. But states are reluctant to allow online sales to protect under-18-s. Only two states, Illinois and Georgia, are selling Powerball tickets online.


Yariv Ron

Yariv Ron

CEO, co-founder
  • IP Planet network - director, broadband projects (1999-2001).
  • Empire online – marketing manager (2003-2006, Cyprus).
  • Kamay Holdings – Ceo, cofounder (2006-2011), acquired by 
  • Appwiz – Ceo and cofounder (2013-2014). 
  • ProgressPlay – cofounder (2010+). 
  • Zell entrepreneurship program – cofounder (2010+).
Gigi Levy

Gigi Levy

Investor & Advisor
  • Involved with various startups incl. Similarweb, Plarium, Hola, MyHeritage and Kenshoo. 
  • Former CEO for online gambling company 888 holdings (2006-2011).
Roi More

Roi More

  • Mylotto – founder (2006-2011). 
  • Kamay Holdings – founder (2007-2011), acquired by 
  •  – cofounder (2010-2012).
  • Gett – cofounder.
Pablo Grunbaum

Pablo Grunbaum

  • 13 years in iGaming (Ladbrokers, xWise).
  • CEO at LottoMatrix Operations.
  • COO Didital at Ladbrokes (2015-2017)
  • COO at (2009-2014).
Markus Stricker

Markus Stricker

Chief Risk Officer

  • 20 years in insurance (SwissRE, AON).
  • Twelve Capital - Managing Partner (2015-2016), Chief Risk Officer (2014).
  • Risk Lighthouse - Vice Chairman (2013-2015).
  • Actuarial and risk management consultant.
  • Aon Re Services - Managing Director (2001-2005).
  • Swiss Re - Director (1996-2001).

Dejan Nikolic

Dejan Nikolic

  • CEO at