Venue One
Venue One is a non-custodial decentralized prediction markets exchange built on the Algorand blockchain, enabling users to take positions on event outcomes across sports, eSports, finance, and other categories for crypto-native users.
- Company typePrivate
- Founded2021
- HeadquartersRandolph, United States
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
What Venue One does
Venue One is a private, early-stage blockchain company operating a non-custodial decentralized prediction markets exchange built on the Algorand blockchain. Founded in 2021 and headquartered in Randolph, United States, the company enables users to take positions on the outcomes of events spanning sports, eSports, finance, and other categories, with settlement handled trustlessly on-chain. The platform is the company's sole product offering, with stated differentiation centered on Algorand's fast, low-cost transaction profile and a claimed first-mover position in Algorand-native prediction markets.
The company raised $3.4 million in seed and private financing in January 2022 in a round led by Borderless Capital, with participation from the Algorand Foundation, MEXC Global, and a broad syndicate of blockchain-focused funds including 0x Ventures, Cognitive Blockchain Capital, CSP DAO, D4 Ventures, Elves Long Term Capital, Kosmos Ventures, Meld Ventures, Synaps, and Youbi Capital. Stated use of funds was product development, market expansion, and team building in support of the platform's development and launch. The team's investor alignment is structurally tied to the Algorand ecosystem.
The business model operates within decentralized finance, targeting blockchain and crypto users interested in prediction market participation. Pricing and revenue mechanics are not publicly disclosed, no enterprise or named customer accounts are referenced, and the company's headcount is reported at 1-10 employees. The product's primary stated value proposition is enabling decentralized, trustless prediction market participation without intermediaries, leveraging blockchain-verified settlement.
Venue One firmographics
Firmographics- Name
- Venue One
- Website
- https://venue.one
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Venue One is a non-custodial decentralized prediction markets exchange built on the Algorand blockchain, enabling users to take positions on event outcomes across sports, eSports, finance, and other categories for crypto-native users.
- Ownership category
- akta.pro rank
Venue One industry classification
Industry- Product category
- Decentralized Prediction Markets
- NAICS
- Other Gambling Industries (713290)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Prediction Markets & Event-Based On-Chain Trading (FSADABAM)
- akta.pro secondary industry
- Prediction Markets & Event Derivatives (Crypto) (FSADAGAG)
Keywords
Where Venue One is headquartered
LocationHeadquarters
- HQ city
- Randolph
- HQ country
- United States
- HQ region
- North America
Markets served
Venue One business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Venue One product offering
Product offeringCore offering
Venue One operates a non-custodial blockchain predictions exchange built on the Algorand blockchain. The platform enables users to take positions and speculate on outcomes across sports, eSports, finance, and other event categories through decentralized prediction markets with blockchain-verified settlement and no intermediary custody of user funds.
Product overview
Venue One operates as a single product company offering a decentralized prediction markets platform. The platform is built on Algorand blockchain technology and enables users to participate in prediction market trading and speculation on future outcomes. The company raised $3.4 million in seed and private financing to support development and launch of this platform.
Differentiator
Problem solved
Functional benefit
Products and services
- Decentralized Prediction Markets Platform A non-custodial, Algorand-based decentralized exchange where individual users take and trade positions on the outcomes of sports, eSports, finance, and other events; settlement is verified on-chain without an intermediary holding user funds.
Companies that use Venue One
Customer profileSegments1 record
Ideal customer profiles1 record
Venue One technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Venue One partnerships and signals
Strategic signalScale indicators1 record
Recent moves4 records
Expansion highlights4 records
Venue One competitors and assessment
Company assessmentBroad incumbents
- DraftKings: Major US-regulated sports betting and fantasy sports operator. Overlaps with Venue One on sports and eSports outcome trading, though delivered through a custodial, licensed model.
- Betfair Exchange: Largest peer-to-peer sports betting exchange globally, allowing users to trade positions on sporting event outcomes. Same exchange-style prediction model as Venue One but operated as a regulated incumbent.
Emerging players
- Azuro Protocol: Decentralized prediction and betting infrastructure protocol focused on sports markets on EVM chains. Comparable on-chain prediction architecture with a sports-heavy emphasis.
- Limitless Exchange: Decentralized prediction market platform on Base covering sports, politics, and crypto events. Comparable crypto-native, non-custodial prediction offering with a similar multi-vertical scope.
- Hedgehog Markets: Decentralized prediction market platform with sports and esports focus. Comparable niche crypto-native prediction offering, though smaller scale.
Direct peers
- Polymarket: The largest decentralized prediction market platform, offering trading on sports, politics, and event outcomes. Closest direct competitor to Venue One; serves the same crypto-native user base with a non-custodial exchange model on a different L1.
- PredictIt: Prediction market platform focused primarily on political and economic events with a regulated structure. Overlap with Venue One's finance and events verticals.
- Kalshi: CFTC-regulated event contracts exchange in the US covering sports, economics, and current events. Same core offering as Venue One but with a regulated, custodial structure and significant institutional backing.
- Augur: One of the earliest decentralized prediction market protocols on Ethereum, allowing users to create and trade on event outcomes. Directly comparable on-chain architecture and use case to Venue One.
- Gnosis Prediction Market (Omen): Decentralized prediction market platform built on Gnosis Chain, offering peer-to-peer trading on real-world event outcomes. Comparable non-custodial architecture and multi-category event coverage.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Venue One social profiles
Digital presenceVenue One financial estimates
Financial estimateRevenue estimate
Valuation estimate
Venue One leadership team
Management profileNumber of profiles
Venue One funding detail
Funding detailFunding overview
Funding rounds1 record
Investors13 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Venue One M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Venue One
What does Venue One do?
Venue One operates a non-custodial blockchain predictions exchange built on the Algorand blockchain. The platform enables users to take positions and speculate on outcomes across sports, eSports, finance, and other event categories through decentralized prediction markets with blockchain-verified settlement and no intermediary custody of user funds.
Is Venue One a public or private company?
Venue One is a private company. It is classified as venture growth investor backed and is currently operating.
When was Venue One founded?
Venue One was founded in 2021. It employs 1 to 10 people.
Where is Venue One based?
Venue One is headquartered in Randolph, United States, in the North America region.
Who are Venue One's main competitors?
Broad incumbents on record are DraftKings and Betfair Exchange. Emerging players are Azuro Protocol, Limitless Exchange and Hedgehog Markets. Direct peers are Polymarket, PredictIt, Kalshi, Augur and Gnosis Prediction Market (Omen).
Does Venue One have an API?
No public API is recorded for Venue One.
What industry is Venue One in?
Venue One's product category is Decentralized Prediction Markets. Its primary akta.pro industry code is FSADABAM, Prediction Markets & Event-Based On-Chain Trading, with a secondary code of FSADAGAG, Prediction Markets & Event Derivatives (Crypto). Its NAICS code is 713290 and its SIC code is 6200.