Sports-focused prediction market Novig raises $75 million in Series B funding led by Pantera Capital to challenge Kalshi and Polymarket.
Amount Raised
$75 Million
Round Type
Series B
New YorkSportsGamblingInvestors
Description
Novig has secured $75 million in Series B funding to compete in the prediction market space against giants like Kalshi and Polymarket. The funding, led by Pantera Capital, values the startup at $500 million. Novig aims to provide a user-friendly platform for sports bettors. Founded by Jacob Fortinsky and Kelechi Ukah, Novig started its journey in 2021.
Quick answer
Novig raised $75 Million in a Series B round, dated February 18, 2026. Investors: Pantera Capital. Novig is based in New York, New York, United States.
- How much did Novig raise?
- Novig raised $75 Million in a Series B round on February 18, 2026.
- Who invested in Novig?
- Pantera Capital is 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.
- Bellatrix Aerospace raised $20M (Funding Round) on March 28, 2026.
- the Pro Padel League raised $15M (Series A) on March 25, 2026.
- Grub Lab raised $6M (Seed) on March 23, 2026.
- Verily raised $300M on March 20, 2026.
- ReNew Energy Global Plc raised $95M on March 16, 2026.
- Newton Golf Company raised $500K on March 16, 2026.
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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Funding Insights
What this usually meansNovig raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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