NFL Legend and Tech Leaders Fuel Funding Frenzy with $6 Million
There's a new company in Austin (Texas) that made a website for sports betting. Right before a busy period of sports events, they got additional funding.
Winible, the startup we mentioned earlier, recently revealed that they received $6 million. This money came from a group led by Inspired Capital, a company based in New York.
While Inspired Capital led the investment, there are other investors too. Some of them might become more noticeable.
Among the investors, there are well-known people like Ray Lewis (an NFL player) and leaders from companies like PrizePicks, Pointsbet, and FanDuel.
Additional investors include Adam Lyons (from The Zebra), David Petersen (from Flexport), and Michael Flaxman (from Thumbtack).
Beyond the well-known names, many other sports players and entrepreneurs also put money into this startup.
Winible built a website for individuals who create content related to sports betting. These content creators have an impact in this field.
On Winible's platform, content creators can set up online shops to earn money from their sports betting ideas. They can also offer subscription services.
Users who subscribe to Winible can create personalized lists of content related to their specific interests.
Even though Winible launched discreetly last year, it now boasts 75,000 regular users on its platform.
Noah Traisman, a founder of Winible, believes that the significant growth in users indicates that people are eager for a reliable and innovative platform.
Winible aims to become the primary hub for content creators in the sports betting world. They want to ensure responsible content creation and explore fresh approaches.
The company was founded in 2022 by Noah Traisman along with three other individuals: Teddy Jungreis, Brandon Garcia, and Daniel Sands.