Novig is a commission-free sports betting exchange that guarantees bettors the best odds and eliminates the need for traditional sportsbooks. We do this by enabling users to bet directly against friends or the market, rather than against the house, making the betting experience more efficient, fair, and, most importantly, profitable. We stand out by ditching the traditional revenue model of retail sportsbooks and leveraging cutting-edge technology to ensure our exchange is liquid and frictionless.
Location: United States, New York
Total raised: $6.4M
Investors 2
| Date | Name | Website |
| - | Neer Ventu... | neerventur... |
| - | Y Combinat... | ycombinato... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 23.08.2023 | Seed | $6.4M | - |
Mentions in press and media 2
| Date | Title | Description |
| 04.09.2024 | Novig Launches First Prediction Market For Sports Nationally | NEW YORK, Sept. 4, 2024 /PRNewswire/ -- Novig has launched the first prediction market for sports in 42 states and Washington D.C. under the sweepstakes regulatory framework. Novig offers two modes: Novig Coins and Novig Cash. Novig Coins a... |
| 23.08.2023 | Novig Raises $6.4M in Seed Funding | Novig, a New York-based provider of a commission-free sports betting exchange, raised $6.4M in Seed funding. The round was led by Lux Capital with participation from Y Combinator, Paul Graham, Joe Montana, Soma Capital, Innospark Ventures, ... |