- Lucra Sports, a Palo Alto, Calif.-based new social-first sports gaming platform, raised $1.6m in seed funding
- The round was led by Raptor Group, along with Toy Ventures, Milwaukee Bucks owner/Avenue Capital founder Marc Lasry, and American professional tennis player John Isner
- The company intends to use the funds to develop an iOS app in time for the 2021 NFL season kickoff
- Founded by CEO Dylan Robbins in 2019, and led by COO Hannah Farr and CTO Ed Psyk, Lucra Sports is a peer-to-peer sports gaming platform that allows fans to compete with their friends
- Designed primarily to facilitate social interactions within its community, Lucra enables users to create customizable touch player vs. player contests to send to a friend, group, or the Lucra public feed
- The funding round also follows a successful beta launch in 37 states in January 2021
