# Cipher Sports Technology Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cipher-sports-technology-group

- Industry: Software
- Headquarters: Melbourne, Australia
- Website: www.ciphersports.io
- Total disclosed funding: $5M
- Latest round: Series A (Jul 12, 2022)
- Investors on record: 1

## About

Based in Victoria, Australia, and founded in 2021, Cipher Sports Technology Group operates as a predictive analytics company. The company was founded by its CEO Adam Fiske, COO Katie Prowd, CTO Darryl Woodford, and CCO Nick Slade. In July 2022, CIPHER SPORTS TECHNOLOGY GROUP PTY LTD raised USD 5 million in series A funding led by Cygnet Capital.

Cipher Sports provides a sports betting platform that is driven by sophisticated analytics and machine learning models. The company’s platform allows customers to place bets on sporting events with the aid of machine learning models created by the company's experts.

The company plans to use the funds raised in July 2022 to accelerate the growth and expansion of the sports betting market.

## Funding rounds

- Series A, Jul 12, 2022, $5M — Cygnet Capital

## Investors

- Cygnet Capital (https://capitalatlas.ai/funds/cygnet-capital) — Series A