Novig, the prediction market from counterpart to analogs, announced a financing round closed at $ 18 million.
The main shareholders in this round of investment included for investrunner, Y Combinator, NFX, cognitive projects and gaings.
Novig announces an investment tour of $ 18 million
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Novig is a sports books exchange that allows him to work in forty American states and gets a preposition between the predictive gamblers. Coordination is similar to the exchange of British sports books and the European Union such as BetFair Exchange, which provides events of players’ predictions against each other.
The platform, which was founded by Jacob Forttsky and Kilishi Okah, posted on social media about the historical financing round.
Novig I just raised a $ 18 million tour led Forerunner.
Here is how we became the fastest market for sports forecast in America
pic.twitter.com/nshsrwb8EC
Jacob Fortki (J__fort) August 11, 2025
How does Novig works?
Novig uses a format that includes two internet branded currencies, Novig Cash and Novig Coins, and is used to participate in “Freeemium” games, and can also be purchased to buy a lottery and site trading. According to Novig, the two currencies are encrypted in color.
Novig Cash, Blue Currency, “Recovery for real cash prizes (USD) if you win your deals, taking into account the requirements of playing.” Novig currencies, yellow currency, are used exclusively for trading practice and cannot be replaced by the real currency, “according to the articles published on Novig.
The future looks positive for the sporting prediction platform
Since its general launch in September 2024, a range of the original monthly trading volume has achieved fifty times, which has increased rapidly, and the currency online is now billions of Novig Cash.
“The Novig team brings the most sophisticated and accurate perspective to the sports prediction markets. They do not deeply understand their target agent, but they build a more fair, directed, reward, and enjoyable system,” said one of the investor, Fawti Etani, a manager at Yereunner, said.
Novig plans to expand with the new round of ITANI financing and other investors. The company has plans VersionTo add additional sports to the trading element in the platform.
“With the new capital, Novig plans to expand the coverage range of additional sports and deepen its presence in the current markets. The company will also launch new features, including leaders, group competitions, and direct trading.”
It also looks forward to supporting discount payments, credit cards, web application, and employing more bodies through engineering, products and growth teams.
In addition to being the co -founder, Fortinsky works The prediction provider CEO. He talked about the success of the platform, saying: “We believe that users deserve a system that rewards the skill, reflects the real supply and demand, and gives each fan a fair snapshot. We quickly became the first sporting prediction market in the United States, and our organic growth talks about the strength of our products and the passion of our society.”
Distinguished image credit: Novig is responsible.
Pamphlet Novig closes a financing round of Series A at a value of $ 18 million First appear on reading.
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