PredictionStrike, the Sports Stock Market, Closes $3M Seed Round

PredictionStrike, the marketplace for trading shares of your favorite athletes, closed a $3M seed round. The round was led by MaC Venture Capital.

The funding will fuel growth and let the company launch additional product features as the NFL season gets underway. In addition, PredictionStrike is teeing up their premium membership, with new features focused on social engagement, a reward-based referral program, and advanced trading features. Plans are also underway to add soccer players to the platform, followed by women’s basketball, tennis, and golf.

This raise is coming off of a strong year, where the company processed over $15M in transactions and grew to over 100k users.

Founded in 2019, the company raised a $1.7M pre-seed round in 2021. The platform operates like a stock market, allowing users to buy/sell and build portfolios around their favorite athletes using real money.

“PredictionStrike was made for the person that is passionate about sports and wants to use their knowledge to invest,” said Deven Hurt, Co-Founder and CEO of PredictionStrike. “We are proud to close this next round of fundraising and look forward to expanding the app with new features and new sports.”

This article first appeared on SeedWeek.