About Sports IQ
Sports IQ is a Media & Entertainment company based in Vancouver (Canada) founded in 2018, and was acquired by DraftKings in May 2024. AI-enabled betting management solutions are offered for sports leagues. It operates in the Media & Entertainment and Consumer sectors. Sports IQ has raised $7 million across 1 funding round from investors including DraftKings, The Kraft Group and Harlo Capital. Its chief executive, as recorded, is Omer Dor. Its focus areas include Sports Tech, Sports Betting, Tech Enablers and Betting Management.
Company details
Sports IQ was founded in 2018 in Vancouver, Canada, as an AI-enabled platform focused on betting management within the sports sector. Pre-match and live game dynamics are analyzed, alongside risk management and quality modeling features. Coverage extends to major leagues including NFL, NBA, MLB, and NHL, with additional leagues supported. Operations emphasize data-driven tools for users in sports betting.
- Headquarters Vancouver, Canada
- Stage Acquired
- SectorsMedia & EntertainmentConsumer
- Website sportsiq.ai
- Social LinkedIn
- Acquired by DraftKings (May 2024)
- Total Equity Funding$7M (USD)
in 1 rounds
- Latest Funding Round$7M (USD), Seed
May 2021
- InvestorsDraftKings
& 7 more
- Acquired byDraftKings
(May 2024)
Funding Insights of Sports IQ
Sports IQ has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Seed round of $7 million completed in May 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $7M
- Total Rounds 1
- Last Round Seed — $7M
- First Round $7M
(May 2021)
- Investors Count 7
All 1 funding rounds of Sports IQ with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2021 | $7M | Seed | – | Harlo Capital |
8 investors in total: 4 institutional and 4 angel.
Investors in Sports IQ
Sports IQ has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include DraftKings, The Kraft Group and Harlo Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments and family assets are managed by The Kraft Group. | thekraftgroup.com | Foxborough, United States | ||
Harlo Capital is engaged in private equity investments in real estate. | harlocapital.com | Toronto, Canada | ||
Venture capital firm investing in early stage and series A rounds | velopartners.co.uk | London, United Kingdom | ||
Online fantasy sports platforms are provided for multiple sports. | 2012 | draftkings.com | Boston, United States | |
MG Mitch Garber | Canadian entrepreneur, angel investor, focused on gaming and tech startups in India. | unknown_13afa3dd9c974788a | ||
TE Theo Epstein | Indian angel investor with focus on early-stage startups and technology ventures. | unknown_79c1f2cf85d34a569 | ||
SK Sam Kennedy | Indian angel investor with focus on early-stage startups. | unknown_4439077fe18f4290a | ||
MG Michael Gordon | Angel investor in Indian startups, ex-Google executive, focused on tech | unknown_5ec6d8e076ef4fbea |
Investor details for Sports IQ
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Sports IQ
3 people are tracked at Sports IQ (2 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Omer Dor | CEO | Leadership |
Matthew Belzberg | CTO | Leadership |
Rylan Hong | Software Engineer | Team |
Complete people profiles for Sports IQ
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Sports IQ
3 dated milestones of Sports IQ across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Sports IQ is founded.
- Funding First funding round of $7.0M.
- Exit Acquired by DraftKings.
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Related news about Sports Iq
Complete news archive for Sports IQ
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Frequently Asked Questions about Sports IQ
Sports IQ was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Sports IQ is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Omer Dor is the CEO of Sports IQ, as recorded in our data.
Sports IQ is a funded company, having raised a total of $7M across 1 funding round to date. The company's 1st funding round was a Seed of $7M, raised on May 2021.
Sports IQ was founded in 2018 in Vancouver, Canada, as an AI-enabled platform focused on betting management within the sports sector. Pre-match and live game dynamics are analyzed, alongside risk management and quality modeling features. Coverage extends to major leagues including NFL, NBA, MLB, and NHL, with additional leagues supported. Operations emphasize data-driven tools for users in sports betting.
Sports IQ has 8 investors. Key investors include DraftKings, The Kraft Group, Harlo Capital, Velo Partners, and Mitch Garber.
Yes. Sports IQ was acquired by DraftKings in May 2024.