ALT Sports Data, headquartered in Carlsbad, CA and a prominent provider of sports analytics and data solutions, has successfully secured $2.5 million in seed investment.
The investment round was spearheaded by Eberg Capital and Relay Ventures, with additional contributions coming from Trinity West Ventures, NuFund Venture Group, and a group of investors from the sports and technology sectors. The company plans to utilize the acquired funds to enhance its business scalability and broaden its operational reach.
Under the leadership of CEO Joe Dunnigan, ALT Sports Data positions itself as a pivotal provider of both official and alternative sports data, catering to the expansive market of sportsbook operators, media platforms, and event organizers. The company’s innovative approach allows it to tap into a vast audience of over one billion fans of alternative sports worldwide, providing them with access to dynamic, real-time trading data.
ALT Sports Data’s proprietary platform is designed to manage the entire betting lifecycle for all events it covers. It offers pre-match and live odds services that are independent, algorithm-based, and mathematically solid, developed using specialized models. For sports where it’s applicable, the company integrates live betting markets, enhancing the excitement of live sporting events with their in-depth, play-by-play betting opportunities.
