Novig
PrivateLast Round
Series B
Feb 18, 2026
Est. Valuation
$500M
Total Funding Raised
$99.4M
Momentum Score
25 /100
Company Overview
Novig is a technology company that operates a peer-to-peer sports prediction market in the United States. Founded in 2021 by Jacob Fortinsky and Kelechi Ukah, the platform is designed to function as a marketplace where users can trade on sports outcomes directly with each other, rather than against a traditional sportsbook. The company initially launched as a commission-free sports betting exchange and secured a license in Colorado in 2023. It later pivoted to a sweepstakes-based model to expand its operations nationally, and now operates in over 40 states. Novig aims to provide a more efficient, fair, and profitable experience by eliminating the house and allowing prices to be set by supply and demand. The company is backed by venture capital firms including Y Combinator, Lux Capital, and Forerunner Ventures.
Sector
Media, Entertainment & Gaming
Verticals
Wagering Platforms, Investment Platforms, Sports Analytics, Mobile Commerce
Business Model
B2C
Customer Profile
Freemium, Data as a Service, Services & Consulting
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Novig Comps
Public and private peers based on sector, stage, and business model.
Novig Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Feb 18, 2026 | ||||
| Series A | Aug 11, 2025 | ||||
| Seed | Aug 22, 2023 |
Novig Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| NFX | Series A, Series B |
| Multicoin Capital | Series B |
| Palm Drive Capital | Seed |
| Archon Capital | Seed |
| Forerunner Ventures | Series B, Series A |
| Gaingels | Series A |
| Perceptive Ventures | Series A, Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Feb 18, 2026
$75M round raised at $500M post-money valuation.
- Feb 6, 2026
Henry Kerins appointed CEO of Manhattan Athletic Group.
Novig Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Novig's valuation, stock price, and market status.
