ALT Sports Data, Inc. Secures $2.5M in Seed Round Funding to Revolutionize Alternative Sports Betting

ALT Sports Data, Inc. is thrilled to announce a successful funding round, raising $2.5 million to further its mission of transforming the landscape of alternative sports betting. As a pioneering company at the intersection of technology and sports, ALT Sports Data is dedicated to building the most comprehensive database and league portfolio for alternative sports, targeting a burgeoning audience of over 83 million potential bettors across the United States and upwards of 1 billion globally. The funding will be utilized to enhance our proprietary data and software capabilities, allowing us to address the significant supply and demand challenges facing sportsbook operators worldwide. By leveraging our existing league rights, extensive data resources, and a highly skilled in-house trading team, we aim to introduce innovative and engaging betting opportunities that resonate with sports enthusiasts. Moreover, we recognize the importance of cultivating a deep connection with our partner leagues and their fans. By unlocking the full potential of an existing fanbase exceeding 200 million, we can create a more dynamic and interactive betting environment through our owned media platform, NXTbets.com. With this new capital, ALT Sports Data is not only positioned to elevate the betting experience but also to responsibly educate and guide sports fans toward our sportsbook operator partners. This funding marks a significant step forward in our journey, empowering us to play a pivotal role in the evolving landscape of sports betting and helping operators become more competitive in attracting and retaining high-value customers.