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§ Private Profile · Collingwood, Victoria, Australia
Provides AI-powered sports betting analytics and data models for sports bettors globally across 20+ sports.
Formally established in 2022 by founders Adam Fiske, Katie Prowd, Darryl Woodford, and Nick Slade, Cipher Sports Technology Group is a Melbourne, Australia-based company providing AI-powered sports betting analytics and predictive data models for B2B and B2C markets. Through its popular direct-to-consumer brands, which include Dimers, Fantasy Insider, Stats Insider, and Convertr, the enterprise covers over 20 sports leagues using 70 proprietary models. The organization operates a massive global network reaching over 25 million sports bettors, generating more than 260 million event simulations across 26,000 annual events. Operating with an estimated 30 employees, the firm generates approximately two million dollars in annual revenue and currently holds an estimated valuation of nearly seven million dollars. To expand its North American and Australian operations, the growing company successfully secured a $5 million Series A funding round led by Cygnet Capital.
Cipher Sports Technology Group has raised $5.0M across 1 funding round.
Cipher Sports Technology Group has raised $5.0M in total across 1 funding round.
Cipher Sports Technology Group has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Series A in July 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 14, 2022 | $5M Series A | Cygnet Capital | — | Announced |
Cipher Sports Technology Group has raised $5.0M in total across 1 funding round.
Cipher Sports Technology Group's investors include Cygnet Capital.