Sporttrade Inc. Raises $36 Million to Transform Sports Betting

Jun 22, 2021 · Sporttrade, a Philadelphia-based fintech, sports betting company, today announced it has raised $36m in funding.. The coalition of investors from both the financial and gaming industries include ...

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Sporttrade Inc. Raises $36 Million To Transform Sports Betting

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Nasdaq Joins $36 Million Funding Round For Sporttrade Betting …

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Other investors in the round included: 1. Chris Grove, Eilers & Krejcik principal 2. Impression Ventures 3. Hudson River Trading 4. Tower Research Ventures The latter two names are both quant trading outfits. Sporttrade plan to launch its first product in the second half of 2021 in New Jersey, pending regulatory approval.

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$36 Million Raised To Transform Sports Betting | Sporttrade

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Jul 2, 2021 · Sporttrade, a Philadelphia-based fintech, sports betting company, today announced it has raised $36m in funding. The coalition of investors from both the financial and gaming …

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Sporttrade Inc. Raises $36 Million To Transform Sports Betting

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PHILADELPHIA, June 22, 2021 — Sporttrade, a Philadelphia-based fintech, sports betting company, today announced it has raised $36m in funding. The coalition of investors from both …

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Sporttrade Raised $36M To Boost Sports Betting Exchange Operation

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Jun 23, 2021 · Sports betting operator Sporttrade announced it raised $36 million in funding from private investors from the financial services and gaming sectors to strengthen its position in …

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Sporttrade Inc. Raises $36 Million To Transform Sports Betting

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PHILADELPHIA, June 22, 2021 /PRNewswire/ -- Sporttrade, a Philadelphia-based fintech, sports betting company, today announced it has raised $36m i...

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Sporttrade Attracts US Heavy Hitters In $36m Funding Round

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Jun 22, 2021 · Sporttrade has closed a $36m funding round as it prepares for its forthcoming debut as the first regulated sports betting exchange trading platform in the US. Investors …

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Sporttrade Betting Exchange Raises Profile Along With $36 Million …

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Jun 24, 2021 · The US legal sports betting scene is prepping to welcome a new type of wagering platform to their rapidly growing scene. Sporttrade, a Philadelphia-based fintech, sports betting …

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Sporttrade Announces Investors For NJ Sports Betting App …

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Jun 22, 2021 · Sporttrade Inc., a Philadelphia-based financial tech and sports betting company that wants to offer gamblers stock exchange-style trading of bets, raised $36 million in …

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Sporttrade Inc. Raises $36 Million To Transform Sports Betting

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Aug 5, 2024 · PHILADELPHIA – 22 June, 2021: Sporttrade, a Philadelphia-based fintech, sports betting company, today announced it has raised $36m in funding.. The coalition of investors …

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Betting Startup Sporttrade Teams With Nasdaq To Squash Insider …

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Sep 16, 2021 · The Nasdaq partnership doesn’t come as a surprise, considering former Nasdaq Stock Exchange President Tom Wittman joined the startup’s $36 million funding round in June.

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Sports Betting Fintech Startup And LIFT Labs Alum Sporttrade Just ...

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Jun 24, 2021 · Philly fintech startup Sporttrade recently raised a $36 million round from a collection of investors. The 2018-founded sports betting company was a part of the second …

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Sporttrade Inc. Raises $36 Million To Transform Sports Betting

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PHILADELPHIA, June 22, 2021 /PRNewswire/ — Sporttrade, a Philadelphia-based fintech, sports betting company, today announced it has raised $36m in funding. “Today marks a significant br…

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Series B - Sporttrade - 2021-06-22 - Crunchbase Funding Round …

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Funding Round. Series B - Sporttrade . Save . Summary. Overview. Edit Overview Section. ... Nasdaq — Sporttrade Inc. Raises $36 Million to Transform Sports Betting . News • Jun 22, …

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Sporttrade Inc :. Raises $36 Million To Transform Sports Betting

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PHILADELPHIA, June 22, 2021 /PRNewswire/ -- Sporttrade, a Philadelphia-based fintech, sports betting company, today announced it has raised $36m in funding. ... -June 22, 2021 at 08:31 …

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FAQs about Sporttrade Inc. Raises $36 Million to Transform Sports Betting Coupon?

How much money did Sporttrade raise?

Sporttrade, a Philadelphia-based fintech, sports betting company, today announced it has raised $36 million in funding. ...

Is Sporttrade a regulated sports betting exchange?

Sporttrade is the first regulated sports betting exchange in the country's history and is poised to enter the US market. Sporttrade is led by an accomplished team from sports betting and capital markets backgrounds. The company is based in the Philadelphia, Pennsylvania area. ...

What is happening with Sporttrade?

Sporttrade has raised $36 million in funding. The funds will be put towards customer acquisition, expansion into additional states, and continued investment in a diverse, talented team.""Our mission is to elevate the sports betting industry by applying capital markets principles and technology and to place the customer at the forefront,'' said Alex Kane, Founder and CEO of Sporttrade . ...

How will Sporttrade use the raised capital?

Sporttrade will use the raised capital to strengthen its position as the only sports betting exchange in the United States. They have built a retail trading solution for betting, reflecting pricing based on win probabilities and allowing users to easily trade in and out of any position. ...

What's happening in the sports betting industry?

There's a significant development in the sports betting industry: Sporttrade Inc. has raised $36 Million for customer acquisition, expansion into additional states, and continued investment in a diverse, talented team. According to Alex Kane, CEO, "Today marks a significant broadening of our coalition to elevate the sports betting industry. ...

What is sporttrade & how does it work?

Founded in 2018, Sporttrade was built to make sports betting more responsible and similar to stock trading, by utilizing proven exchange technology and processes, and enhancing and democratizing the traditional betting experience for customers. ...