PredictionStrike Raises $1.7M in Funding
- PredictionStrike, a NYC-based performance-based sports platform where fans can buy and sell virtual shares of professional athletes as if they were stocks, raised $1.7m in funding
- Backers included MaC Venture Capital and New Age Capital
- The company intends to use the funds to expand their team, further build out their technology, and increase their marketing efforts to bring in new users
- The company is a platform on which users can trade virtual shares of athletes as if they were stocks
- The platform operates like a real stock market and allows users to buy/sell shares, build portfolios, and operate in a live market using real money
- Since the return of sports after the 2020 COVID-19 hiatus, The company has completed over $3M in transactions
