Sporttrade
Techstars '19Unionville, US · Founded 2018 · Delaware corporation · 38 employees on LinkedIn · 4 known investors
Sporttrade is a sports betting platform that modernizes the industry using proprietary technology and capital markets expertise, operating with a focus on equity, responsibility, and accessibility.
Founders & leadership
Sporttrade was founded in 2018 by Alexander Kane.
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Alexander KaneinCEO and Founder
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AnthonyChief Financial Officer
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ArpitaChief Compliance Officer
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Thomas WittmanNamed on SEC filing
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David Frohardt-LaneNamed on SEC filing
Investors · 4
Reported raises · per SEC filings
Form D private placements$26.4M disclosed across 1 round · 2021
▶$26.4MraisedAug 2021 · 26 investors · OtherRule 506(c)
▶$26.4MraisedAug 2021 · 26 investors · Other
Rule 506(c)Officers, directors & promoters on the filing
- Thomas WittmanDirector
- Alexander KaneExecutive Officer, Director
- David Frohardt-LaneDirector
- Offering amount
- $26.4M
- Amount sold
- $26.4M
- Minimum investment
- $5K
- First sale
- Jun 2021
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06c
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 5
by search overlapCovers44 shared keywordsCovers 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.
DraftKings (NASDAQ:DKNG)43 shared keywordsDraftKings 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.
Actionnetwork39 shared keywordsUS sports betting media and app company offering odds, picks, analysis and bet tracking; owned by Better Collective since 2021.
Fan Duel35 shared keywordsFanDuel 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.
Sportradar30 shared keywordsSportradar is a global sports technology company that provides data, analytics, and content solutions to sports federations, leagues, media companies, and betting operators, covering over a million sporting events each year. It also offers integrity services to detect and prevent fraud, doping, and match fixing across the sports industry.
Companies competing with Sporttrade for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Best Prediction Market Apps for Sports (July 2026)oddsassist.com · Jul 2026Frequently asked questions
- What does Sporttrade do?
- Sporttrade is a sports betting platform that modernizes the industry using proprietary technology and capital markets expertise, operating with a focus on equity, responsibility, and accessibility.
- Who founded Sporttrade?
- Sporttrade was founded by Alexander Kane in 2018.
- Who are Sporttrade's investors?
- Sporttrade's investors include Acies Investments, Techstars, Impression Ventures, Jump Capital.
- How much funding has Sporttrade raised?
- Sporttrade has disclosed $26.4M raised across 1 round.
- Where is Sporttrade headquartered?
- Sporttrade is headquartered in Unionville, US.



