With growth in the U.S. sports betting industry surging, Insider asked five prominent venture capitalists and angel investors which sports betting startups they thought would surge in the next 12 months.
SIS made the list, as Insider’s Ashley Rodriguez spoke with angel investor Benjie Cherniak about the company.
Here’s an excerpt from what she wrote.
Sports Info Solutions
What it does: Sports Info Solutions gathers and sells data on what’s happening in a game to sports teams, leagues, media companies, and operators.
Investor Benjie Cherniak, who built and ran betting-data supplier Don Best earlier in his career, said Sports Info Solutions started restructuring about five months ago, following an investment round led by Audeo Capital.
Cherniak is bullish on Sports Info Solutions because he thinks it can augment the data provided by giants like Sportradar and Genius Sports. Cherniak said Sports Info Solutions has been talking with sports-gambling operators about the gaps it can fill in their data.
“We have a new energy within the organization,” Cherniak said. “Of all the companies I’m involved with … it’s the one that provides data insights and relevant metrics for the entire sports engagement space.”
To read the rest of the article ($) and see the other companies that made the list, click here.