Novig Announces $6.4M In Seed Funding From Leading Investors Ahead Of Launch In Colorado
Amount Raised
$6.4 Million
Round Type
Seed
New YorkSportsGamblingInvestors
Description
Novig, a high-frequency, commission-free sports betting exchange, announced today that it has completed a seed funding round totaling $6.4 million from a group of prominent investors ahead of its launch in Colorado. Funding was led by Lux Capital with participation from Y Combinator, Paul Graham, Joe Montana, Soma Capital, Innospark Ventures, Rebel Fund, Bayhouse Capital, Arash Ferdowsi (Dropbox), Austen Allred, Alan Rutledge, Ravi Sheth, Archon Capital, Palm Drive Capital, TRAC, True Culture Fund, CapitalX, and many others.
Quick answer
Novig raised $6.4 Million in a Seed round, dated August 22, 2023. Investors: Bronco Billy's Casino Property, Full House Resorts, Novig, Capital X, True Culture Fund, Trac, Palm Drive Capital and Archon Capital. Novig is based in New York, New York, United States.
- How much did Novig raise?
- Novig raised $6.4 Million in a Seed round on August 22, 2023.
- Who invested in Novig?
- Bronco Billy's Casino Property, Full House Resorts, Novig, Capital X, True Culture Fund, Trac, Palm Drive Capital and Archon Capital are named as investors in this round.
- What does Novig do?
- Novig is America's #1 Sports Prediction Market, and the only platform to offer commission-free, peer-to-peer trading on sports.
- Where is Novig based and how big is it?
- Novig is based in New York, New York, United States. Fundz records about 28 employees.
- Who are the decision-makers at Novig?
- Fundz holds 1 contact at Novig. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Sports and Gambling around the same time
Companies in the same sectors as Novig that raised within 45 days of this round, from Fundz verified event records.
- Diana Health raised $34M on October 5, 2023.
- Rayon raised $4.3M (Seed) on September 27, 2023.
- Hang Media raised $9.2M on September 21, 2023.
- Front Office Sports raised $13M on September 21, 2023.
- Vivante Health, Inc. raised $31M (Series B) on September 20, 2023.
- NOBULL raised $70M on September 20, 2023.
Who to call at Novig, and when
A new round usually means Novig is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Novig raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Novig, from your own LinkedIn network
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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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