Frontrunner

company

About

Decentralized Sports Prediction Market

Details

Last Funding Type
Seed
Last Funding Money Raised
$4.75M
Industries
Blockchain,Gaming,Sports
Founded date
Jun 1, 2020
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
FanatX Inc
Also Known As
FanatX Inc

Frontrunner is a decentralized sports prediction market where users can buy shares of sports propositions and trade them like they would stocks. Unlike traditional sportsbooks where users place a bet and wait, Frontrunner gives users full control over their portfolios, allowing them to dynamically buy and sell positions as the odds change. By leveraging the power of free markets and the blockchain, we create fully transparent markets and liquid positions which fundamentally change the way that people invest in their sports knowledge and beliefs. The vision is to bring DeFi concepts like AMMs, margin trading, and perpetuals to a marketplace of sports derivatives, creating parity between financial and sports betting markets.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$5.88M
Frontrunner has raised a total of $5.88M in funding over 2 rounds. Their latest funding was raised on Dec 14, 2022 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 14, 2022 Seed $4.75M 10 Susquehanna Growth Equity Detail
Sep 1, 2021 Pre-seed $1.03M 3 Detail
Jun 28, 2021 Pre-seed $100K 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
11
Frontrunner is funded by 11 investors. Susquehanna Growth Equity and (ERA) Entrepreneurs Roundtable Accelerator are the most recent investors.
Investor Name Lead Investor Funding Round
Susquehanna Growth Equity Yes Seed
(ERA) Entrepreneurs Roundtable Accelerator Seed
FBG Capital Seed
Gaingels Seed
Gilgamesh Ventures Seed
LedgerPrime Seed
Noa Capital Seed
Soma Capital Seed
Toy Ventures Seed
WAGMI Ventures Seed

Employee Profiles

Number of Employee Profiles
4
Frontrunner has 4 current employee profiles, including Executive Neil Zhang
Executive
Executive
Executive