Novig

Overview

Novig is a sports trading application [1] founded in 2022 and based in New York City, NY, USA [2]. The company participated in Y Combinator's Summer 2022 batch [3] and operates with a team of 55 [4]. According to its description, Novig is building a sports prediction market that offers commission-free sports trading [5]. The platform distinguishes itself by eliminating the traditional sportsbook model in favor of what it describes as better pricing, full transparency, and a more efficient market structure [5]. The company was founded by Jacob Fortinsky and Kelechi Ukah [5]. Novig has raised over $100 million in funding from investors including Pantera, Forerunner, Lux, NFX, Paul Graham, and Joe Montana [5].

Novig is building America's #1 sports prediction market. Founded by Jacob Fortinsky and Kelechi Ukah, we are the only platform to offer commission-free sports trading. We deliver better pricing, full transparency, and a more efficient market structure for users by eliminating the traditional sportsbook model. Backed by the best - Novig has raised over $100M from some of Silicon Valley’s top investors including Pantera, Forerunner, Lux, NFX, Paul Graham, and Joe Montana. [2]

Y Combinator's directory lists the company location as New York City, NY, USA. [4]

Business address: 169 Madison Ave, New York, New York, 10016. [6]

Growth & traction

Y Combinator lists a team size of 55. [1]