Last OG valuation
$5B
Strategic investment · Sep 2026
Last OG funding round
Strategic investment
Amount undisclosed · Sep 2026
Key investors in OG
OG Overview
About OG
OG is a prediction market operator that lets users trade derivative contracts on sports results, political events, economic indicators, and cultural outcomes. The service runs through mobile and web interfaces under CFTC oversight.
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Commission
Valuation
$5B (Sep 2026)
OG Valuation
OG is currently valued at $5B, based on its strategic investment round in September 2026.
The round was led by Robinhood.
OG valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Sep 2026 | Strategic investment | $5B |
OG Funding History
OG has raised 1 funding round.
| Date | Stage | Investors | Valuation | Deal Summary |
|---|---|---|---|---|
| Sep 2026 | Strategic investment | Robinhood (lead) | $5B | Robinhood Markets agreed on September 8, 2026 to a multi-year strategic partnership with OG.com, taking an initial equity stake in the prediction-market infrastructure provider as part of the transaction. The equity in OG.com was priced in line with Citadel Securities’ recent investment in Crypto.com Group, which assigned OG.com a standalone $5 billion valuation after its spin-off from Crypto.com. The deal expands Robinhood’s prediction markets offering by routing a selection of retail event contracts through OG.com’s CFTC-regulated exchange and clearinghouse infrastructure, beginning with football contracts and rolling out in phases to eligible U.S. customers starting September 8, 2026. The partnership is designed to give Robinhood additional infrastructure and liquidity support while creating direct equity exposure to the platforms underpinning its event-contract business. OG.com is the spun-off prediction-markets and infrastructure business of Crypto.com, operating as an independent trading platform with CFTC-regulated derivatives exchange and clearinghouse architecture. |
Who has invested in OG?
1 investor has backed OG across its funding rounds, including Robinhood.
Lead investors include Robinhood.
OG Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 OG investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialOG Competitors
OG competitors include listed companies like Vend Marketplaces, Rightmove and AUTO1 Group, and private ones like Dream Sports, Nice Tuan and QuintoAndar.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $723M | - | $5B | 6.9x | ||
| Private | - | - | $5B | - | ||
| Publicly listed | $673M | $19M | $5.1B | 7.1x | ||
| Publicly listed | $571M | $397M | $4.9B | 8.2x | ||
| Private | - | - | $5.1B | - | ||
| Publicly listed | $9.4B | $199M | $4.9B | 0.5x |
OG Public Comps
OG is still privately-owned, but its public comps include Vend Marketplaces, Rightmove, AUTO1 Group, Kakaku.com, Autotrader Group, FDJ United, MakeMyTrip, Entain, Churchill Downs and Openlane.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $673M | $19M | 7.3x | 7.1x | 252.4x | 19.2x | |||
| $571M | $397M | 8.5x | 8.2x | 12.3x | 11.7x | |||
| $9.4B | $199M | 0.6x | 0.5x | 29.9x | 21.1x | |||
| $605M | $175M | 7.5x | 7.0x | 26.1x | 22.2x | |||
| $838M | $558M | 6.5x | 6.4x | 9.8x | 9.7x | |||
| $4.2B | $1B | 1.6x | 1.6x | 6.5x | 6.6x | |||
| $1B | $171M | 5.0x | 4.5x | 30.3x | 25.7x | |||
| $7.1B | $411M | 1.4x | 1.4x | 23.3x | 6.7x | |||
This data is available for Pro users. Sign up to see all OG competitors and their valuation data. Start Free Trial | ||||||||
Common questions about OG
| Where is OG headquartered? | OG is headquartered in United States. |
| Is OG publicly listed? | No, OG is a private, VC-backed company. |
| What is OG's valuation? | OG was last valued at $5B in its strategic investment round in September 2026. |
| What was OG's last funding round? | OG's last funding round was a strategic investment round in September 2026, led by Robinhood. |
| Who are OG's investors? | OG's investors include Robinhood. |
| Which companies are comparable to OG? | Companies comparable to OG include Dream Sports, Nice Tuan, Vend Marketplaces, Rightmove, QuintoAndar and AUTO1 Group. |
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