nVenue Secures $5 Million to Revolutionize Live Sports Betting with AI and Machine Learning

nVenue, a pioneering technology company founded in 2018 in Dallas, Texas, is thrilled to announce the successful raise of $5,000,000 in its latest funding round. This significant capital influx underscores the confidence investors have in nVenue’s unmatched technology, which harnesses the power of machine learning and artificial intelligence to rapidly generate accurate probabilities and odds for live, in-play betting opportunities. By integrating advanced predictive analytics, nVenue has empowered sports betting operators around the globe to introduce thousands of new micro-betting markets across popular sports leagues, including the NBA, MLB, NASCAR, and the NFL. More than just numbers on a screen, the company’s dynamic predictive data feed enriches broadcast and in-app experiences, providing fans with engaging, real-time content that elevates their overall enjoyment of the game. This fresh injection of funds will be instrumental in accelerating nVenue’s product development initiatives and expanding its market reach. The investment will fuel further enhancements to its ML/AI engine—which has already delivered over 5 billion predictions across various sports—and enable the company to maintain its position at the forefront of the sports betting revolution. Notably, nVenue’s groundbreaking technology powers all on-screen predictive analytics for Friday Night Baseball on Apple TV+, showcasing the company’s ability to innovate at scale while blending entertainment with real-time data insights. As a proud portfolio company of ComcastSportsTech and NBA Launchpad, nVenue is uniquely positioned to revolutionize the way sports betting and live sports entertainment are experienced. For more information on their cutting-edge solutions, please visit www.nvenue.com.