Fantasy Football Hub tech provider Scoreline nets funding boost

10 hours ago 3

The sports exertion radical down Fantasy Football Hub has scored a multimillion lb backing boost from a syndicate of investors.

Sky News understands that Scoreline, which counts the Sky Sports shot pundit and erstwhile Manchester City defender Micah Richards among its investors, volition denote a $6m (£4.5m) fundraising aboriginal this week.

The backing circular has been led by Nickleby Capital, a backer of the premium ticketing and hospitality level Seat Unique.

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Other participating investors see Dopamine Sports Ventures and Winforton Investments, according to the company.

Scoreline uses AI to present subscriber-based contented which provides fans with data, penetration and analytics to assistance absorption of their phantasy sports teams.

Its flagship product, FFH, focuses connected English football's apical formation and has 800,000 members, including 60,000 subscribers who wage to entree much precocious services specified arsenic 'My Team', which features AI-inspired subordinate recommendations.

Scoreline is present launching Wickets.ai successful a bid to capitalise connected the accelerated maturation successful request for phantasy cricket.

The phantasy cricket marketplace for the Indian Premier League (IPL) is said to pull much than 200 cardinal players.

"This backing lets america standard our AI-powered level from shot to a planetary assemblage crossed much sports, starting with cricket," said Dr Thomas.

"Our extremity is simple: marque phantasy easier, smarter, and much amusive for each fan."

The institution cited probe suggesting that phantasy sports players walk arsenic overmuch arsenic 7 hours each week researching their squad selections, with much than fractional claiming to attraction much astir their phantasy squad winning than their existent team.

"Scoreline has proven you tin make invaluable phantasy sports insights astatine scale," said Saav Shah, managing spouse astatine Nickleby Capital.

"The operation of validated product-market fit, proprietary AI, and enlargement into cricket makes this a compelling opportunity."

According to figures referred to by Scoreline, the planetary marketplace for phantasy sports games and contented is expected to beryllium worthy $105bn by 2033.

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