Frontrunner
About
Decentralized Sports Prediction Market
- New York,New York,United States
- 11 - 50
- https://www.getfrontrunner.com
Details
- Last Funding Type
- Seed
- Last Funding Money Raised
- $4.75M
- Industries
- Blockchain,Gaming,Sports
- Founded date
- Jun 1, 2020
- Number Of Employee
- 11 - 50
- Operating Status
- Active
- Legal Name
- FanatX Inc
- Also Known As
- FanatX Inc
Frontrunner is a decentralized sports prediction market where users can buy shares of sports propositions and trade them like they would stocks. Unlike traditional sportsbooks where users place a bet and wait, Frontrunner gives users full control over their portfolios, allowing them to dynamically buy and sell positions as the odds change. By leveraging the power of free markets and the blockchain, we create fully transparent markets and liquid positions which fundamentally change the way that people invest in their sports knowledge and beliefs. The vision is to bring DeFi concepts like AMMs, margin trading, and perpetuals to a marketplace of sports derivatives, creating parity between financial and sports betting markets.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Dec 14, 2022 | Seed | $4.75M | 10 |
Susquehanna Growth Equity
|
— | Detail |
| Sep 1, 2021 | Pre-seed | $1.03M | 3 | — | — | Detail |
| Jun 28, 2021 | Pre-seed | $100K | 1 | — | — | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Susquehanna Growth Equity
|
Yes | Seed |
(ERA) Entrepreneurs Roundtable Accelerator
|
— | Seed |
FBG Capital
|
— | Seed |
Gaingels
|
— | Seed |
Gilgamesh Ventures
|
— | Seed |
LedgerPrime
|
— | Seed |
Noa Capital
|
— | Seed |
Soma Capital
|
— | Seed |
Toy Ventures
|
— | Seed |
|
|
— | Seed |
