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Novig - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about Novig including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

Novig company logo

America's #1 Sports Prediction Market.

Novig is America's #1 Sports Prediction Market, creating a commission-free betting platform.

HeadquartersNew York, United States
Team size11-50
Founded2021

What is Novig? - Company Overview & Details

Novig is Novig is America's #1 Sports Prediction Market, creating a commission-free betting platform. Founded in 2021, the company is headquartered in New York, United States.

Who Founded Novig?

Novig was founded by Jacob Fortinsky, Kelechi Ukah.

Who are the Key Executives at Novig? - Leadership Team

Novig is led by experienced executives in key positions:

Chief Executive Officer (CEO) of Novig

Jacob FortinskyCEO

Chief Technology Officer (CTO) of Novig

CTO

About Jacob Fortinsky - CEO of Novig

Jacob Fortinsky serves as the Chief Executive Officer of Novig, leading the company's strategic vision and operations. Connect with them on LinkedIn for professional insights.

Novig Company Details & Key Information

Where is Novig located?

Novig is headquartered in New York, United States.

How many employees does Novig have?

Novig has 11-50 employees.

When was Novig founded?

Novig was founded in 2021.

Novig Official Website

How much funding has Novig raised?

Novig has raised $6.4 Million across 2 funding rounds. The most recent funding was completed on 2023-08-20.

Funding Overview

Novig secured $6.4 million in seed funding, aiming to democratize sports betting.

$6.4 Million
Total Funding Raised
2
Funding Rounds
2023-08-20
Latest Round

Novig Funding History

Seed
2023-08-20
$6.4 Million

Who are the key investors in Novig?

Novig is backed by 2 key investors including Lux Capital, Y Combinator. These investors focus on Technology, Venture Capital, Startup sectors.

Novig Investor Overview

2
Key Investors
3
Focus Areas
2
Notable Investments

Complete List of Novig Investors

Lux Capital

Venture capital firm specializing in technology.

Investment Focus
Technology
Venture Capital
Notable Portfolio Companies
Y Combinator
Joe Montana

Y Combinator

Startup accelerator that helps startups with funding and mentorship.

Investment Focus
Startup
Technology

What sectors do Novig investors focus on?

The investors backing Novig primarily focus on Technology, Venture Capital, Startup sectors.

Technology
Venture Capital
Startup

Featured Investor: Lux Capital

Lux Capital

Venture capital firm specializing in technology.

Notable Investments: Y Combinator, Joe Montana

What are Novig's future plans?

Novig Expand operations and enhance their platform to incorporate exchange betting.

Novig Strategic Outlook

Strategic Focus
Defined
2
Key Challenges
2
Growth Opportunities

What challenges does Novig face?

Novig has identified 2 key challenges that need to be addressed for continued growth and success.

Key Challenges for Novig

1

Regulatory approvals for exchange betting

2

Competition from established sportsbooks

What opportunities does Novig have?

Novig has identified 2 key opportunities for growth and market expansion.

Growth Opportunities for Novig

1

Expansion into new markets

2

Innovation in betting technology

Novig Strategic Position Summary

Key Focus Areas

Novig is addressing 2 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 2 key opportunities for expansion and growth.

What are the latest news about Novig?

Novig has 2 recent news updates covering key business developments and market activities.

Novig News Overview

2
Recent Articles
Active
Media Coverage
2024-04-10
Latest Update

What is Novig in the news for?

Novig is currently featured in news for novig.us hires Catherine Dougherty as chief marketing officer. and other significant business developments.

Recent News Articles About Novig

Article 1
2024-04-10

novig.us hires Catherine Dougherty as chief marketing officer.

Novig names former Meta head Catherine Dougherty as the new CMO.

egr.global
Read News
Article 2
2024-02-22

novig.us hires Dan Rosen as chief operating officer.

Commission-free betting exchange Novig has appointed Dan Rosen as COO.

egr.global
Read News

Novig FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about Novig including information about founders, CEO, funding history, investors, headquarters location, and company details. 18 frequently asked questions covering key information about the company.

Novig Questions & Answers - Company Information

Q1

What is Novig?

Novig is America's #1 Sports Prediction Market, creating a commission-free betting platform.

Q2

Who founded Novig?

Novig was founded by Jacob Fortinsky, Kelechi Ukah.

Q3

Who is the CEO of Novig?

The CEO of Novig is Jacob Fortinsky. You can find more information about them on their LinkedIn profile.

Q4

How much funding has Novig raised?

Novig has raised a total of $$6.4 Million across 2 funding rounds. The most recent funding was completed on 2023-08-20.

Q5

Who are the investors in Novig?

Novig's key investors include Lux Capital, Y Combinator.

Q6

Where is Novig headquartered?

Novig is headquartered in New York, United States.

Q7

When was Novig founded?

Novig was founded in 2021.

Q8

How many employees does Novig have?

Novig has 11-50 employees.

Q9

What is Novig's official website?

You can visit Novig's official website at http://novig.us.

Q10

What was Novig's latest funding round?

Novig's latest funding round was a Seed round of $$6.4 Million completed on 2023-08-20.

Q11

Who is founder?

Jacob Fortinsky

Q12

What does the company do?

Novig is America's #1 Sports Prediction Market, creating a commission-free betting platform.

Q13

How much funding?

$6.4 Million

Q14

Latest funding date?

2023-08-20

Q15

Who are the investors?

Lux Capital Y Combinator

Q16

What are the challenges?

Regulatory approvals for exchange betting Competition from established sportsbooks

Q17

What are the opportunities?

Expansion into new markets Innovation in betting technology

Q18

Latest news?

Novig names former Meta head Catherine Dougherty as the new CMO. Commission-free betting exchange Novig has appointed Dan Rosen as COO.

More Information About Novig

For additional details about Novig, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.