GetPicks Secures $3 Million in Equity Funding
The social betting platform plans to use the new capital to expand its product development and U.S. market presence.
Updated on Oct. 15, 2026 in Gambling
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GetPicks has officially closed a $3 million equity funding round to accelerate its expansion across the United States. Since its launch in June 2026, the social betting platform has grown its user base to more than 35,000 registered participants.
Why it matters
The company intends to leverage this fresh capital to enhance its product offerings and broaden its community and creator programs. This investment supports the platform's goal of scaling operations within the 21 U.S. states where it is currently available.
GetPicks currently operates in 21 U.S. states and maintains a community of over 35,000 registered users. The platform utilizes blockchain and stablecoin technology to process user withdrawals.
The players
GetPicks
GetPicks is a social betting platform that integrates blockchain technology to manage user payouts and social gaming features.
The details
The platform allows users to engage with social features like following other players and copying lineups with a single tap. It also offers referral rewards and has already paid out hundreds of thousands of dollars in prizes.
Timeline
June 2026: GetPicks launched its platform.
October 15, 2026: The company closed its $3 million equity funding round.
Culture Shift
The rise of social betting platforms is fundamentally changing how casual gamers interact with wagering through community-driven features. This funding highlights how platforms are moving away from traditional models to embrace social connectivity and blockchain-based processing.
Users can expect continued updates to the platform as the company scales its product development and community features. The expansion plans may also improve access and utility for players within the existing 21 states of operation.
The takeaway
Social betting continues to integrate advanced financial technology like stablecoins to provide users with faster transaction speeds. Consumers looking to participate should familiarize themselves with the platform's social features and regional availability rules.
Further reading
Learn more about the latest industry developments at Gambling.
Source note: This article includes information reported by The Manila times.
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