Aardvark Technologies
- Company typePrivate
- Founded-
- HeadquartersVilnius, Lithuania
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
Aardvark Technologies firmographics
Firmographics- Name
- Aardvark Technologies
- Legal name
- Aardvark Technologies UAB
- Website
- https://adv.bet
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Aardvark Technologies industry classification
Industry- Product category
- Betting and Gaming Platform Software
- NAICS
- Software Publishers (5132)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- iGaming Platform Providers (Turnkey/Casino & Sportsbook Platforms) (MPAEAKAA)
- akta.pro secondary industries
- Sportsbook Trading, Odds & Feed Providers (MPAEAKAB), Digital Lottery & iLottery Platforms (Web/App) (MPAEAFAD)
Keywords
Where Aardvark Technologies is headquartered
LocationHeadquarters
- HQ city
- Vilnius
- HQ country
- Lithuania
- HQ region
- Europe
Offices1 record
Markets served
Aardvark Technologies business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales
Revenue model
- Platform Supply and Support Fees: Fees calculated based on Gross Win (total stakes less total payouts) per individual contingency. Negative Gross Win treated as zero. No carryover of negative Gross Win between contingencies or months. Fees increase annually by Eurozone inflation rate as reported by ECB.
- Service and Administration Fees: 10% penalty on outstanding balances for late payment. €100/hour charge for additional invoices when multiple parties are involved.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | B2B platform fees based on Gross Win percentage |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels8 records
Aardvark Technologies product offering
Product offeringCore offering
Aardvark Technologies develops and supplies a modular omnichannel betting and gaming platform (Aardvark OS) for licensed bookmakers, integrating sportsbook, lotteries, a casino games aggregator, racing feeds, and a proprietary crash game (SkyPilot). The platform is delivered as a turnkey hosted solution for both retail shops and online operators, with fees based on a percentage of Gross Win.
Product overview
Aardvark Technologies is a leading provider of betting and gaming technology solutions, offering a modular platform-plus-products architecture. The core offering is Aardvark OS, an omnichannel platform enabling operators to manage online and retail betting operations. This platform is complemented by six integrated product modules: SkyPilot Single (an in-house crash game with multipliers up to 100,000x and Sigma Award 2026 winner), Sportsbook (covering 100+ sports with live betting and risk management), Lotteries (500+ games with global coverage), Casino Games/Aggregator (6,000+ casino games from 32+ providers), and Racing (real-time horse and greyhound racing feeds from multiple data providers). The products operate as both standalone modules and as fully integrated components within the Aardvark OS ecosystem.
Differentiator
Problem solved
Functional benefit
Brands
- Aardvark OS: Retail & Online Omnichannel platform. A comprehensive, turnkey solution designed for quick deployment and accelerated growth across both online and retail channels.
- Skypilot
- Sportsbook
- Lotteries
- Aggregator
- Racing
Products and services
- Aardvark OS
Quantifiable outcome
- SkyPilot became the most engaged/played game within 1 month of launch at partner operators
- +4 more outcomes
Companies that use Aardvark Technologies
Customer profileNamed customers10 records
Segments2 records
Ideal customer profiles2 records
Aardvark Technologies technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration37 records
Feature6 records
Aardvark Technologies partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core.
- Pragmatic PlaycoreGame provider integrated into Aardvark's casino aggregator platform offering slots, instant games, and table games. Part of the 35+ provider network providing 6,000+ casino games.
- EvolutioncoreLeading live casino provider integrated into the platform. Provides live dealer games as part of the casino aggregator offering.
- PlaytechcoreMajor gaming technology provider integrated into the casino aggregator platform.
- HabanerocoreGame provider integrated into the casino aggregator offering unique designs and fast-paced gameplay.
- SIS (Sports Information Services)corePrimary data provider for horse racing and greyhound racing coverage. SIS provides low-latency racing data across UK, Ireland, and multiple jurisdictions for the racing platform.
- ARC (Arena Racing Company)coreRacing data provider for horse racing coverage integrated into the platform.
- BODS (Betway Omni Delivery System)coreRacing data feed provider integrated into the racing platform.
- BetMakerscoreRacing data provider for horse racing coverage integrated into the platform.
- RAS (Racing Australia Services)coreAustralian horse racing data provider integrated into the racing platform.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Aardvark Technologies competitors and assessment
Company assessmentDirect peers
- Kambi Group: Kambi is a pure-play B2B sportsbook platform provider with advanced trading, risk management, and live-betting capabilities, directly comparable to Aardvark's Sportsbook module and the risk/trading tools included in Aardvark OS.
- BetConstruct: BetConstruct offers a turnkey platform (SpringBME) with sportsbook, casino aggregation, retail shop management, and live dealer solutions, competing head-to-head with Aardvark OS across retail and online channels.
- EveryMatrix: EveryMatrix provides a turnkey iGaming platform (CasinoEngine, OddsMatrix, GamMatrix) bundling sportsbook, casino aggregation, and retail/online omnichannel capabilities, closely mirroring Aardvark OS's modular architecture and B2B operator focus.
- NSoft: NSoft provides sportsbook, casino, and retail betting software to land-based and online operators globally, comparable to Aardvark in targeting multi-jurisdiction operators with a mix of retail and online modules.
- Altenar: Altenar delivers a sportsbook and iGaming platform with multi-jurisdiction compliance, modular APIs, and casino aggregation, putting it in direct competition with Aardvark's stack for licensed operators seeking turnkey technology.
- Pragmatic Play: Pragmatic Play is a multi-product content provider (slots, live casino, sports betting, bingo) that distributes through aggregators like Aardvark's and increasingly sells turnkey operator platforms, overlapping with both Aardvark's Aggregator and potential full-stack offerings.
Broad incumbents
- Playtech: Playtech is one of the largest iGaming platform and content providers globally, offering turnkey sportsbook, casino, and omnichannel solutions that overlap directly with Aardvark OS, Aardvark's Sportsbook, and Aggregator modules.
- OpenBet (Light & Wonder): OpenBet, now part of Light & Wonder, is an established sports betting and iGaming platform with deep tier-1 operator relationships and enterprise omnichannel tooling, competing with Aardvark OS for large multi-jurisdiction operators.
- Evolution (formerly Evolution Gaming): Evolution is the leading live casino content and aggregation provider integrated into platforms like Aardvark's Aggregator, and increasingly competes as a wider iGaming content and platform vendor for B2B operator clients.
Emerging players
- Slotegrator: Slotegrator offers casino/sportsbook aggregation and turnkey platform solutions for online operators, competing in the same SMB-to-mid-market B2B segment as Aardvark's Aardvark OS and Aggregator products.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Aardvark Technologies social profiles
Digital presenceAardvark Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Aardvark Technologies leadership team
Management profileNumber of profiles
Aardvark Technologies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Aardvark Technologies 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 Aardvark Technologies
What does Aardvark Technologies do?
Aardvark Technologies develops and supplies a modular omnichannel betting and gaming platform (Aardvark OS) for licensed bookmakers, integrating sportsbook, lotteries, a casino games aggregator, racing feeds, and a proprietary crash game (SkyPilot). The platform is delivered as a turnkey hosted solution for both retail shops and online operators, with fees based on a percentage of Gross Win.
Is Aardvark Technologies a public or private company?
Aardvark Technologies is a private company. It is classified as unknown and is currently operating.
When was Aardvark Technologies founded?
Aardvark Technologies was founded in -1. It employs 51 to 100 people.
Where is Aardvark Technologies based?
Aardvark Technologies is headquartered in Vilnius, Lithuania, in the Europe region.
How does Aardvark Technologies make money?
Two revenue lines are on record. Platform Supply and Support Fees are the primary driver. The others are service and Administration Fees.
Who are Aardvark Technologies's main competitors?
Direct peers on record are Kambi Group, BetConstruct, EveryMatrix, NSoft, Altenar and Pragmatic Play. Broad incumbents are Playtech, OpenBet (Light & Wonder) and Evolution (formerly Evolution Gaming). Slotegrator is listed as an emerging player.
Does Aardvark Technologies have an API?
No public API is recorded for Aardvark Technologies.
What industry is Aardvark Technologies in?
Aardvark Technologies's product category is Betting and Gaming Platform Software. Its primary akta.pro industry code is MPAEAKAA, iGaming Platform Providers (Turnkey/Casino & Sportsbook Platforms), with a secondary code of MPAEAKAB, Sportsbook Trading, Odds & Feed Providers. Its NAICS code is 5132 and its SIC code is 7372.