Jacob Fortinsky

Jacob Fortinsky is the New York-based Founder and CEO of Novig, a commission-free sports prediction market and betting exchange. A graduate of Harvard University with prior professional experience in investment banking and financial trading, he established the company in 2021 after facing restrictions from traditional sportsbooks due to his consistent betting profitability. Fortinsky guided the startup through the Y Combinator accelerator program and has secured over $100 million in total funding from prominent venture investors, including Lux Capital, Founders Fund, and Paul Graham. Following a $6.4 million seed round in August 2023, he officially launched the platform to users in Colorado in early 2024, subsequently facilitating up to $400 million in monthly cash trading volume. His current focus centers on scaling peer-to-peer prediction markets to provide a transparent, financialized alternative to conventional sports betting operators across the industry.