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Novig is raising new capital expected to value the sports prediction-market platform at $2 billion, quadrupling its valuation in less than a year.
Amount Raised
$2 Billion
Round Type
Venture
New YorkSportsGamblingInvestors
Description
Novig, a sports-focused prediction-market platform, is in talks with investors for a new funding round expected to value the company at up to $2 billion. The company expects to close the round by the end of 2026. The funding represents a significant increase from Novig's $500 million valuation in February 2026, when it raised $75 million. Existing investors include Pantera Capital, Forerunner Ventures, and former NFL quarterback Joe Montana.
Fundz sees it the moment Novig raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Novig raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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