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ALT Sports Data Funded $5M to Expand NXTbets Platform

  • ALT Sports Data, an operator of a proprietary trading platform for alternative sports, has secured $5 million in funding.
  • The funding, led by Relay Ventures and Eberg Capital, will be used to expand ALT Sports Data's platform, NXTbets.
  • NXTbets offers real-time odds and pricing, pre-match and live odds services, and in-play betting markets for alternative sports such as skateboarding, surfing, and motocross.
  • The funding will also be used to scale internal operations, improve data infrastructure, and forge new partnerships with sports leagues and sportsbooks.

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