A new era in sports betting in America may have just begun, as Wagr has officially launched in Tennessee, making it the first state in which a peer-to-peer betting platform is offered.

Additionally, the company announced it had just completed its Series A funding round, raising $12 million. The investment includes money from New England Patriots owner Robert Kraft’s Kraft Group as well as from Pear Ventures, which is the fund of Alexis Ohanian, the founder of Reddit.

But first, the app, which is available on iOS and Android.

The company became the first in America to receive a license in the United States for social betting, and then relocated its headquarters to Nashville and launched a private beta test in December.