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The compliance company pivoted into sports betting amid the pandemic. It has since attracted investment from Bettor Capital;; KB Partners;; and others.", "slideCount": 4, "companyName": "Compliable", "description": "A four-slide pitch deck helped startup Compliable raise $3.6 million in October. The compliance company pivoted into sports betting amid the pandemic. It has since attracted investment from Bettor Capital;; KB Partners;; and others. Compliable CEO Chris Oltyan told Insider that he wasn't planning to raise new funding for his startup when an investor he had been speaking with for more than a year asked to see a pitch deck. Oltyan threw together a quick-and-dirty four-slide deck in August;; which he hoped would get investors excited about the startup that supplies technology to simplify the sports-gambling licensing process. The deck helped Compliable get the initial term sheet that led to its $3.6 million seed round;; which closed in October and was led by David VanEgmond's Bettor Capital. (Bettor Capital advisor Carl Sottosanti;; former general counsel for Penn National;; is joining Compliable's board following the raise.) Previously called Rebric;; Compliable pivoted into sports betting in 2020. The startup was originally in sanctions-list compliance with a tool to help companies keep tabs on vendors and suppliers that the US government bars companies from doing business with. But;; when the pandemic hit;; its core focus was no longer a priority for many corporate decision makers. Oltyan and his team started looking at other industries that it could build solutions for. They heard from major sportsbooks that licensing was a big challenge for the industry. Large organizations were managing the state-by-state regulatory process through a system of Excel spreadsheets and lawyers. In September 2020;; Compliable built a prototype that helped companies manage their licensing across multiple jurisdictions. It focused on the lowest-level licenses;; such as those for customer service representatives who need to be approved by regulators. The software was up and running by November;; Oltyan said. The startup later signed on clients including FanDuel and sports-betting exchange startup Sporttrade. It also raised a $1.7 million round of funding in May 2021 that was led by the sports and technology-focused KB Partners. Compliable has raised about $6.4 million to date;; including three seed rounds;; as well as funding from seed accelerator Techstars and family and friends;; Oltyan said. Oltyan said that the August pitch deck gave investors a reason to get excited about Compliable. 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The former Head of Licensing at DraftKings, Justin brings industry knowledge and experience to the management team as Chief Compliance Officer.", "attrs": null, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 16:24:04.666+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "922ec3d1-2060-4ce9-9bb3-32fa77b75659", "parentComponentId": null }, { "bbox": { "h": 0.05, "w": 0.15, "x": 0.04, "y": 0.16 }, "kind": "title", "text": "The Team", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 16:24:04.666+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "c6f4ec2f-5e8e-4e61-8877-146498136de0", "parentComponentId": null }, { "bbox": { "h": 0.05, "w": 0.2, "x": 0.76, "y": 0.16 }, "kind": "title", "text": "Use of Funds", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Subtitle", "slug": "subtitle", "status": "active", "canonId": "019de52c-fb09-739d-900c-815b0d9ac526", "version": 1, "description": null }, "framework": null }, "subkind": "subtitle", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 16:24:04.666+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "34d1703a-4735-437c-ba5f-2ada0784483f", "parentComponentId": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 4, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 4, "name": "New Bliss", "beatId": "6e290716-5278-4b72-bd86-7cb15af54819", "matchId": "9a196c28-8549-4b87-b7e3-a2e06363d843", "beatType": { "name": "New Bliss", "slug": "sparkline-new-bliss", "status": "active", "canonId": "019dd9b8-2879-72f7-8968-bcfac0921b99", "version": 1, "description": null }, "evidence": "The team bio slide provides a conclusion", "position": 1, "isPrimaryArc": true, "parentBeatType": { "name": "Resolution", "slug": "resolution", "status": "active", "canonId": "019dd9b8-045d-703b-8dd7-e92aba3ba91b", "version": 1, "description": "How the deck ends. 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