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Rithmm

Chestnut Hill, US · Founded 2021 · Delaware corporation · 7 known investors

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Rithmm is a sports betting app that uses AI predictive models to generate win probabilities, player prop analysis, and plain-language reasoning, and compares odds across major sportsbooks and prediction markets. Aimed at everyday bettors, it lets users build their own models, copy top-ranked models, or have its AI create one, covering leagues such as NFL, NBA, MLB, WNBA, golf, and college sports.

AI & Machine LearningConsumerSports Tech

Founders & leadership

BBBrian Beachkofski
Brian BeachkofskiFounderHe holds an MBA from MIT Sloan and has prior experience in senior management roles involving strategic planning, financial oversight, and large-scale project leadership.
MLMegan Lanham
Megan LanhamFounderMegan Lanham is CEO and co-founder of Rithmm, an AI-powered platform that provides predictive models and sports intelligence for bettors. She has background in company building, go-to-market strategy, operations, and business development.
BRBrian Rubenstein
Brian RubensteinNamed on SEC filingFounder at Counterview Capital
KF
Kelsey FischSecretary

Board

PBPeter Blacklow
Peter BlacklowBoard directorGeneral Partner at Boston Seed Capital

Investors · 7

Correlation Ventureslisted by Correlation VenturesSan Francisco · $100K – $4M

How we know: Correlation Ventures's portfolio page · sportsbusinessjournal.com · Not right? Tell us

Counterview Capitallisted by Counterview CapitalNew York

How we know: Counterview Capital's portfolio page · sportsbusinessjournal.com · open dataset · 5k.vc investor directory · Not right? Tell us

Gaingelslisted by GaingelsNew York · $200K – $500K

How we know: gaingels.com · Not right? Tell us

Service Provider Capitallisted by Service Provider CapitalVail
AccomplicereportedBoston · $5M – $25M

How we know: sportsbusinessjournal.com · Not right? Tell us

Also in the syndicate · 1

Oyster

Reported raises · per SEC filings

Form D private placements

$4.5M disclosed across 2 rounds · 2023–2024

▶$2.5MraisedMay 2024 · 12 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Megan LanhamExecutive Officer, Director
  • Peter BlacklowDirector
  • Kelsey FishExecutive Officer
  • Brian RubensteinDirector
  • Brian BeachkofskiExecutive Officer, Director
Offering amount
$3M
Amount sold
$2.5M
First sale
Apr 2024
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2MraisedMay 2023 · 19 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Brian BeachkofskiExecutive Officer, Director
  • Kelsey FischExecutive Officer
  • Megan LanhamExecutive Officer, Director
  • Peter BlacklowDirector
  • Brian RubensteinDirector
Offering amount
$2M
Amount sold
$2M
First sale
May 2023
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 4

ActionnetworkUS sports betting media and app company offering odds, picks, analysis and bet tracking; owned by Better Collective since 2021.
CoversCovers operates a sports betting information site offering odds, expert picks, predictions, and news across sports such as NFL, NBA, MLB, NCAAF, WNBA, CFL, UFC, golf, and soccer. It also hosts a sports betting community forum, free-to-play contests, and sportsbook comparisons for bettors.
DraftKingsDraftKings operates a multi-product gaming platform offering online sportsbooks, daily fantasy sports, and casino games to consumers across desktop, mobile apps, and retail locations. The company serves bettors and gaming enthusiasts in regulated markets across the United States.
Fan DuelFanDuel offers online sports betting and gaming entertainment products for sports fans across the U.S. and Canada, partnering with leagues, teams, and talent. The company operates in the sports betting and gaming industry, providing betting experiences and related consumer products.

Companies working in the same space as Rithmm.

In the news

Rithmm Raises $2M in Seed Fundingfinsmes.com · Jun 2023

Frequently asked questions

What does Rithmm do?
Rithmm is a sports betting app that uses AI predictive models to generate win probabilities, player prop analysis, and plain-language reasoning, and compares odds across major sportsbooks and prediction markets. Aimed at everyday bettors, it lets users build their own models, copy top-ranked models, or have its AI create one, covering leagues such as NFL, NBA, MLB, WNBA, golf, and college sports.
Who are Rithmm's investors?
Rithmm's investors include Boston Seed Capital, Correlation Ventures, Counterview Capital, Gaingels, Service Provider Capital, Accomplice.
How much funding has Rithmm raised?
Rithmm has disclosed $4.5M raised across 2 rounds.
Where is Rithmm headquartered?
Rithmm is headquartered in Chestnut Hill, US.