What does ALT Sports Data do?
ALT Sports Data provides official sports data and engagement solutions through its proprietary PRTL trading platform, which delivers real-time odds, pricing, streaming, and engagement tools to connect fans, sportsbooks, and sports properties.
How much did they raise?
The company raised $5M in a funding round led by Relay Ventures and Eberg Capital, with participation from Motley Fool Ventures, Scrum Ventures, and a consortium of strategic investors.
What are their plans for the money?
With the new funds, ALT Sports Data aims to expand its operations and development efforts, enhancing its technology platform to serve a broader audience and strengthen its market position in sports data.
What have they achieved so far?
The company has already achieved significant milestones, including engaging 175+ million fans through its demand generation tools and establishing an owned media ecosystem via NXTbets.com.
