Front Office Sports · Jul 2026
Front Office Sports interviewed Jacob Fortinsky about Novig's competitive position, regulatory path, and focus on trust, sports trading, and a 21-plus age gate.
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
Novig is a New York-based sports prediction market and trading app that lets users trade peer-to-peer instead of betting against a sportsbook house; it started with a sweepstakes model and is moving toward a federally regulated exchange structure.
Primary product
Commission-free peer-to-peer sports prediction/trading app
Founded
2021
Headquarters
New York, New York, United States
Team size
55
Work style
Hybrid
Industry
Spectator Sports
Sub-industry
Sports prediction markets
Offices
Business model
Leadership
Co-Founder & CEO
Co-Founder & CTO
Chief Regulatory and Legal Affairs Officer
SVP, Growth
Investors
Fast-moving NYC startup that emphasizes fans first, truth over ego, and long-term thinking while keeping a strong in-person collaboration culture; remote opportunities are available for select roles.
Work style
Hybrid
Compensation
Some engineering roles are benchmarked at top-tier tech companies and have advertised base salaries around $225K-$270K plus meaningful equity.
Benefits
Pricing
Commission-free peer-to-peer trading; sweepstakes/free-to-play with Novig Coins and redeemable Novig Cash.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$1M-$5M
Estimated monthly visits
101.1K
Traffic estimate as of Jul 2026
Front Office Sports · Jul 2026
Front Office Sports interviewed Jacob Fortinsky about Novig's competitive position, regulatory path, and focus on trust, sports trading, and a 21-plus age gate.
PRNewswire · Jun 2026
Novig announced Elie Mishory joined as chief regulatory and legal affairs officer after the company's CFTC DCM approval.
CNBC · Jun 2026
CNBC reported that the CFTC approved Novig's designated contract market application, positioning the company to compete nationally in sports prediction markets.
Novig blog · Apr 2026
Novig announced a partnership with LIV Golf that put Novig branding on seven LIV players during the first 2026 major championship window and added golf-specific markets and a Novig Cash contest.
PRNewswire · Feb 2026
Novig announced a $75M Series B led by Pantera Capital, bringing total capital raised to more than $105M and valuing the company at $500M.