PredictionStrike Raises $1.7M in Funding
Summary
PredictionStrike, a NYC-based performance-based sports platform where fans can buy and sell virtual shares of professional athletes as if they were stocks, raised $1.7m in funding. The company intends to use the funds to expand their team, further build out their technology, and increase their marketing efforts to bring in new users. Co-founded by Deven Hurt and Brad Chabra, PredictionStrike is a platform on which users can trade virtual shares of athletes as if they were stocks. The platform operates like a real stock market and allows users to buy/sell shares, build portfolios, and operate in a live market using real money. This will be crucial information for athletes, agents, sports retailers, ticket sellers, and anyone who wants to use fan analytics in their decision making.
Funding
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