Revenue Capital

What Revenue Capital does

Revenue Capital is a private financial services firm founded in 2021 and headquartered in Tbilisi, Georgia. According to its own firmographic description, the firm "funds young, high-tech startups to scale without taking a stake or ownership equity," positioning it in the revenue-based financing (RBF) niche — a non-dilutive alternative to traditional venture capital where repayments are tied to a startup's revenue rather than equity ownership.

The firm's stated business model is the provision of growth capital to early-stage technology companies on terms that preserve founder ownership. Its primary distribution channel is direct, via its website at revenuecapital.io. No further technical infrastructure, product suite, underwriting methodology, or proprietary technology is disclosed in the available data.

The available structured data on Revenue Capital is sparse: there are no disclosed investments, no management team entries, no funding rounds, no contact details, no regulatory actions, no M&A activity, and no corporate structural moves. As a result, deeper analysis of its deal flow, portfolio composition, capital base, headcount, and revenue mechanics is not possible from the input provided. The bulk of the aggregated source material describes an unrelated entity (W88, an online gambling platform), which has been disregarded for this analysis.

Name

Revenue Capital

Legal name

W88

Website

https://revenuecapital.io

Company type

Private

Founded year

2013

Operating status

Operating

Short description

Revenue Capital is a Tbilisi, Georgia-based private financier founded in 2021 that provides revenue-based, non-dilutive funding to early-stage high-tech startups, enabling founders to scale without giving up equity ownership.

Ownership category

akta.pro rank

Product category

Startup Funding / Alternative Financing

NAICS

Sales Financing (522220)

SIC

Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Venture Growth / Recurring Revenue Credit Funds (FSANAIAG)

akta.pro secondary industry

Financial Services / Fintech Growth Equity (FSANACAE)

Keywords

• Non-dilutive startup funding
• Revenue-based financing
• High-tech startup lending
• Equity-free growth capital
• Alternative venture financing

Headquarters

HQ city

Tbilisi

HQ country

Georgia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Sports Betting Commission: Revenue generated from betting activities across various sports including football, basketball, tennis, horse racing, and E-Sports
2. Casino Gaming: Live casino and slot game operations with house edge generating revenue from player wagers
3. Lottery Products: Traditional lottery and quick lottery (Keno, Lotto) products with house advantage

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Revenue Capital provides funding to young, high-tech startups to support their scaling, structured so that the company does not take a stake or ownership equity in the borrowing startup. In effect, the firm supplies growth capital against future revenue rather than equity.

Product overview

W88 is an online gambling and entertainment platform operating since 2013 with a multi-product portfolio covering Sports Betting (a-Thể thao, e-Thể thao, x-Thể thao with cricket, E-Sports, football, basketball, tennis), Live Casino (Evolution, Ezugi, Microgaming), Slots & Jackpot Games (Pragmatic Play, QTech, Playtech), Lottery (Northern/Central/Southern draws, Keno, Lotto), Poker, Cockfighting, and Fishing Games. The platform is accessible via desktop website and native iOS/Android mobile applications, with payment support including bank transfers, e-wallets (Momo, ZaloPay, ViettelPay), and cryptocurrency.

Differentiator

Problem solved

Functional benefit

Brands

• W88 Club: Online gambling platform offering sports betting, casino, slots, and lottery games under the W88 umbrella brand.
• W88 Lite
• W88 Poker
• W88 213

Products and services

• Non-Dilutive Startup Funding Funding capital provided to young, high-tech startups to support scaling, structured so that Revenue Capital does not acquire any equity stake or ownership in the borrowing startup. Designed for early-stage technology companies that want growth capital without diluting their cap tables.

Quantifiable outcome

• Deposit processing time of 1-3 minutes via bank transfer or e-wallets
• +4 more outcomes

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered flagship and core.

• Crystal Palace F.C.flagshipGTM or Marketing PartnerW88 is an official sponsor of Crystal Palace FC, one of the Premier League football clubs. This sponsorship enhances brand visibility in European football markets.
• Aston Villa F.C.flagshipGTM or Marketing PartnerW88 serves as an official sponsor of Aston Villa FC, contributing to brand recognition across Premier League audiences and European markets.
• Argentina Football Association (AFA)flagshipGTM or Marketing PartnerW88 is an official partner of the Argentina Football Association (AFA), gaining association with one of the world's most prestigious national football teams.
• Evolution GamingcoreTechnology or IntegrationEvolution Gaming provides live dealer casino content, including Baccarat, Blackjack, Roulette, Dragon Tiger, and Sicbo tables streamed in real-time.
• EzugicoreTechnology or IntegrationEzugi supplies live casino gaming solutions integrated into the W88 platform, offering authentic dealer experiences.
• MicrogamingcoreTechnology or IntegrationMicrogaming provides casino gaming software including slots and jackpot games available on the W88 platform.
• Pragmatic PlaycoreTechnology or IntegrationPragmatic Play supplies slot games and other casino content to W88's gaming portfolio.
• PlaytechcoreTechnology or IntegrationPlaytech provides gaming technology and content including slot games available through W88 platform.
• QTechcoreTechnology or IntegrationQTech provides slot gaming content integrated into W88's online casino offerings.

Scale indicators3 records

Recent moves1 record

Expansion highlights1 record

Market position

Competitive moat2 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/revenuecapital

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Revenue Capital