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Sporttrade

Sporttrade

Private
Camden, New JerseyFinTechhttps://getsporttrade.com

Last Round

Strategic

Oct 4, 2024

Total Funding Raised

$36.12M

Company Overview

Sporttrade operates in FinTech and is based in Camden, New Jersey. Its latest recorded funding round was a Strategic round in October 2024.

Sporttrade is a fintech company that operates a regulated sports betting exchange platform allowing users to trade sports outcomes like stocks.

Sector

FinTech

Verticals

Wagering Platforms, Investment Platforms, Financial Data, RegTech

Business Model

B2C

Customer Profile

Marketplace Commission

AI Layer

Non-AI

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

Caplight clients see full MarketPrice™ history and secondary transactions.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

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Sporttrade Comparables

Compare Sporttrade with similar companies based on industry and business-model similarity.

Sporttrade comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
ProphetX
90%
Novig
85%
OG
80%
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Sporttrade Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
StrategicOct 4, 2024
Early FundingJun 22, 2021
AcceleratorJul 15, 2019
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Key People

Founding team and executive leadership

Alexander Kane

CEO And Founder

Founding Team

William Sumfest

Chief Technology Officer

Executive Team

Anthony Busacca

Chief Financial Officer

Executive Team

David Huffman

Chief Operating Officer

Executive Team

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Sporttrade Investors

Notable investors and investment history

Sporttrade investors
InvestorRounds
Tower Research VenturesEarly Funding
Comcast NBCUniversal LIFT LabsAccelerator
TechstarsAccelerator
Comcast VenturesAccelerator
Nasdaq VenturesEarly Funding
Hudson River TradingEarly Funding
Impression VenturesEarly Funding
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Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 20, 2025

    iOS app now available in Virginia.

  • Oct 4, 2024

    Completed a strategic funding round.

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Recent news

Latest coverage and updates

  • recognized_asNov 3, 2026

    The US Commodity Futures Trading Commission grants Sporttrade, LLC. registration as both a Designated Contract Market and a Derivatives Clearing Organization in the United States on Nov 3rd '26.

  • has_revenueOct 6, 2026

    Sporttrade, LLC. reports $20.4M in Arizona handle and $290,581 in gross revenue through Mar '26.

  • has_revenueOct 6, 2026

    Sporttrade, LLC. records $291K in gross revenue from its Arizona sportsbook operation through Mar '26.

  • closes_offices_inAug 9, 2026

    Sporttrade, LLC. exits Arizona in May '26 after operating under the Quechan Tribe's license, with customer fund withdrawals available through June 25th '26 and platform access ending June 26th '26.

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Sporttrade Filings

Explore SEC and related filing metadata, where available.

Sporttrade filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Sporttrade's valuation, stock price, and market status.

Is Sporttrade a public or private company?

Sporttrade is a private company.

What is the current stock price of Sporttrade?

Sporttrade is a private company, so its shares have no public market price. Caplight tracks Sporttrade's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Sporttrade worth (valuation)?

Valuation information for Sporttrade is not publicly available.

Can I buy Sporttrade stock?

Sporttrade shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Sporttrade's last funding round?

Sporttrade's most recent funding round was Strategic on October 4, 2024.

Who are the main investors in Sporttrade?

Key investors in Sporttrade include Techstars, Hudson River Trading, SIG Sports Investments Corp., Jump Capital.

Will Sporttrade IPO soon?

No public IPO plans have been announced for Sporttrade.

How can I track Sporttrade secondary market activity?

Caplight tracks bids, offers, and trades in Sporttrade's shares on secondary markets.

Firmographic Details

HeadquartersCamden, New Jersey
Employee Range35
Year Founded2017
Last FundingOct 4, 2024

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

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