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Home Startups

Alloy Sports | Data-based Betting

Tom Heien by Tom Heien
October 12, 2022
0


Posted by Tom Heien on Oct 12, 2022

Quick Information

  • Name of Startup: Alloy Sports
  • Year Founded: 2021
  • Website: Alloysports.com
  • Type of company: Software as a service
  • HQ Location: Pikesville, MD

Startup Founders:

Brad Kronthal, Spencer Kronthal, Seth Sholk

 

Startup one-liner:

Data-Driven Betting Strategies Made Simple.

Problem the startup solves:

Our solution is a one-stop shop for conducting high-quality personal research, placing bets directly based on your research, and easily tracking your winnings. Our no-code platform lets sports fans quickly build their sports betting strategies and backtest against past results in real time.

Progress and current status:

We have launched our MVP for the NFL season on iOS. The next product goals are adding more sports and a web-based platform. We are in the pre-seed early growth stage and are looking to raise $1.5 million

What is a crazy story about the startup?:

We initially started as an analytics platform targeting MLB front offices. After multiple attempts at building the product, we launched a consumer-facing sports betting research app to let fans build winning strategies in seconds.

What is a company the startup looks up to, and why?:

Squarespace – brought user control and accessibility to the web development industry. Allowed anyone to build their own website quickly and affordably. We look to achieve this with sports betting research by democratizing analytics in an easy-to-use digestible mobile app.

The company in four years will be…

The pipeline of sports betting where fans conduct their research and find the best game to bet on, then find the best places to bet.

Previous Killerstartup: Signfree | Fintech App

VISIT:

Tags: alloybettingDatabasedSports
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Tom Heien

Tom Heien

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