Compliable
Techstars '19Denver, US · Founded 2020 · 3 employees on LinkedIn · 4 known investors
Find your way into Compliable
IC360 (Compliable) provides compliance, integrity, and regulatory solutions for the sports betting and gaming industry, including products such as ProhiBet (a prohibited bettor solution) and ProhiTrade (surveillance of employee prediction market trading for asset managers and financial firms). It serves gaming operators, regulators, and financial institutions, with operations in the United States and Canada.
Also known as IC360
Founders & leadership
Investors · 4
Funding
SEC filings, press & company announcements$1.7M disclosed across 1 of 5 rounds · 2020–2021
- Undisclosed amountseed extensionOct 2021
Bettor Capital (lead)
Source ↗ - $1.7MseedMay 2021 · 2 sources
KB Partners (lead), Bettor Capital
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Company profile
researched Aug 2026Compliable is a compliance software provider serving the real-money gaming industry, with a platform focused on the employee gaming licensing process and on the broader regulatory compliance work operators must complete as they enter new markets. Its software is intended to simplify and speed up licensing so that companies can launch in additional jurisdictions more quickly, and the company has described its product roadmap in terms of adding functionality that smooths and accelerates those launches.
Access to the product is delivered through a web application (app.compliable.com), where users sign in to accounts created via invitation links and are supported through the licensing process. The company positions its work around the state-by-state nature of US sports betting and iGaming regulation, where compliance requirements differ across jurisdictions.
Business model
Compliable sells compliance and licensing software to real-money gaming operators, acting as a software vendor within the industry's supply chain. Investors have characterised the value proposition as reducing the cost and resource intensity of complying with jurisdiction-by-jurisdiction gaming regulation.
Sources describe Compliable as a software vendor to the real-money gaming industry; specific pricing terms are not stated.
Traction
By late 2021 the company said customer, prospect and regulator feedback had driven a volume of feature requests significant enough to require expansion of its engineering team.
Latest developments
In October 2021 Compliable closed a $3.6m seed extension led by Bettor Capital, earmarked for platform development, an expanded engineering team and a wider scope of products and services for real-money gaming operators, together with the appointment of a chief strategy officer and a new board member.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Compliable operates in the gaming regulatory compliance software segment, where investors have said it became an integral part of how companies process and maintain regulatory compliance when entering new markets, against a backdrop of rapid US sports betting and iGaming expansion.
Technology
A web-based platform, accessed through a browser application with invitation-based account provisioning, that manages employee gaming licensing and regulatory compliance workflows for gaming operators.
Go-to-market
Real-money gaming operators, including sports betting and iGaming companies, that must process and maintain regulatory compliance and employee gaming licences as they enter new markets.
Geography
The company's product and commercial focus described in sources is the United States, where sports betting and iGaming regulation is administered state by state.
History
Compliable raised $1.7m in seed funding in a round led by Chicago-based KB Partners, and in October 2021 announced the completion of a $3.6m seed extension round led by Bettor Capital, the second round in a year. Alongside the 2021 round the company added Carl Sottosanti, a Bettor Capital fund advisor and former general counsel of Penn National Gaming, to its board of directors, and appointed Justin Stempeck, previously director of licensing at DraftKings, as chief strategy officer. Chris Oltyan was identified as CEO at that time.
Compiled by commissioned research from 4 cited public sources — announcements, filings, and press listed under research sources below.
Timeline · 3
launches, deals, and filingsCompliable announced a $3.6m seed extension round led by Bettor Capital, to be used to strengthen its platform, expand its engineering team and broaden the products and services offered to real-money gaming operators.
$3.6M source ↗
Carl Sottosanti, a fund advisor to Bettor Capital and former general counsel of Penn National Gaming, joined Compliable's board of directors.
Justin Stempeck, former director of licensing at DraftKings, joined Compliable as chief strategy officer.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 4
primary sources listed
- Compliableapp.compliable.com · web
4 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Compliable do?
- Compliable provides software that helps real-money gaming operators obtain and maintain regulatory licensing across US states.
- Who are Compliable's investors?
- Compliable's investors include Bettor Capital, Everywhere Ventures, Techstars, The Fund.
- How much funding has Compliable raised?
- Compliable has disclosed $1.7M raised across 1 of its 5 known rounds.
- Where is Compliable headquartered?
- Compliable is headquartered in Denver, US.