Finance

Oddin announces fresh funding from strategic investor group

|

Group led by Alex Igelman, founder of Esports Capital Corp, and media tech investor Jeff Sagansky

Oddin.gg, a leading provider of AI-driven esports betting odds feed and risk management solutions, has announced that a strategic investor group led by Alex Igelman, founder of Esports Capital Corp. and Jeff Sagansky, media tech investor, have made an undisclosed investment in Oddin as part of a larger commitment.

Commenting on the news, Vlastimil Venclik, CEO of Oddin, said: “We are delighted to welcome this group of highly experienced strategic investors to Oddin. We are truly confident that with the guidance and support of thought leaders such as Alex and Jeff, in conjunction with Oddin’s focused and dedicated team, we will continue to innovate and lead the way in the field of AI-driven esports betting odds feed and risk management solutions.”

Marek Suchar, head of partnerships, said: “Our vision is to provide the most entertaining live esports betting experience. We cannot wish for better partners on this journey than Alex with his decades of esports and betting expertise, and Jeff with his tremendous experience from the media and entertainment industries. Both of them are bringing huge value to Oddin, but mainly to our partners that will benefit from both existing as well as new verticals that we are planning to launch in 2021.”

Oddin has recently signed multiple partnerships with the likes of Sirplay, Arland and BetX, that enables multiple bookmakers in various geographies to access its esports solution. There are many more deals currently being closed that will be announced in the upcoming months.

BTG