The nascent world of federally regulated sports prediction markets just got a significant capital injection. ProphetX, which bills itself as America's first such platform, has secured $35.0M in new funding.
The investment round saw participation from a diverse group of backers including Parlay Capital, Data Point Capital, FDJ UNITED Ventures, Greenwave Ventures, Connexa Capital, Impellent Ventures, the Operating Group, Sharp Alpha Advisors, Chicago Trading Company Ventures, Belvedere Trading, principals at White Swan Data, principals at Consolidated Trading, and Ematiq.
















