-51%

est. 2Y upside i

Series B

America's #1 Sports Prediction Market

Rank

#1339

Sector

Prediction Markets / Sports Betting

Est. Liquidity

~4Y

Data Quality

Data: Low

Novig is the most credible structural disruptor of US sportsbooks.

Last updated: March 21, 2026

Bull (25%)+300%

CFTC approves. All 50 states. $10B+ volume. Becomes the NASDAQ of sports. $5B+ val.

Base (35%)+60%

35+ states continue. $8B volume. Institutional fees scale. $1-1.5B val.

Bear (40%)-60%

CFTC denied; sweepstakes model challenged; DraftKings/FanDuel dominate. Below $106M.

Est. time to liquidity~4.0 years

Preference Stack Risk

moderate

Funding Intensity

21%

$106M raised on $500M = 21.2% intensity. Clean.

Dilution Risk

moderate

Series B; more rounds if CFTC approved.

Secondary Liquidity

none

Early stage.

Tech — 5 roles

Marketing — 3 roles

Legal — 1 role

  • Counsel · 85 5th Avenue, New York, NY, 10003

Operations — 1 role

Regulatory & Compliance — 1 role

Research & Trading — 1 role

View all 12 open roles at Novig →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Novig's data — designed to show you've done your homework.

  • 1

    “CFTC application timeline?”

  • 2

    “Volume to revenue conversion rate?”

  • 3

    “DraftKings competitive response?”

Community

Valuation Sentiment

Our model estimates -51% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.