# Frontrunner

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/frontrunner

- Industry: Travel & Leisure
- Headquarters: New York, US
- Website: www.getfrontrunner.com
- Total disclosed funding: $4.8M
- Latest round: Seed (May 1, 2022)
- Investors on record: 10

## About

Based in New York, US, and founded in 2020, FanatX Inc. doing business as Frontrunner provides a platform that is used in sports prediction. In December 2022, the firm raised USD 4.75 million in Seed funding led by investor Susquehanna Growth Equity. Other investors Soma Capital Management, Gilgamesh Ventures, FBG Capital, Entrepreneurs Roundtable Accelerator, Toy Ventures, Gaingels Syndicate, LedgerPrime, Wagmi Venture Studio, and Noa Capital Partners also participated in the round. The company was founded by Eric Jiang, Brian Vander Schaaf, and Nilan Patel. 

The company offers decentralized sports prediction markets which are built on blockchain. This platform facilitates users to buy and sell shares of their favorite team by creating accounts and connecting with wallets and becoming part of future sports bidding at zero gas fees.

The company plans to use the December 2022 funds to scale its product and engineering team and streamline product development.

## Funding rounds

- Seed, May 1, 2022, $4.8M — Susquehanna Growth Equity, Entrepreneurs Roundtable Accelerator, Soma Capital Management, Gaingels, FBG Capital, LedgerPrime, Noa Capital Partners, Toy Ventures, Gilgamesh Ventures, Wagmi Venture Studio

## Investors

- Susquehanna Growth Equity (https://capitalatlas.ai/funds/susquehanna-growth-equity) — Seed
- Entrepreneurs Roundtable Accelerator (https://capitalatlas.ai/funds/entrepreneurs-roundtable-accelerator) — Seed
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Seed
- FBG Capital — Seed
- LedgerPrime — Seed
- Noa Capital Partners (https://capitalatlas.ai/funds/noa-capital-partners) — Seed
- Toy Ventures (https://capitalatlas.ai/funds/toy-ventures) — Seed
- Gilgamesh Ventures (https://capitalatlas.ai/funds/gilgamesh-ventures) — Seed
- Wagmi Venture Studio — Seed