• Comment: Assuming this falls under WP:PAID based on edit history and pattern. Please make the appropriate disclosure as such. In the meantime, to save everyone time, I did a search for references outside of what is currently in the draft. Unfortunately, sources meeting WP:ORGCRIT do not exist. The company would not be notable at this time. CNMall41 (talk) 23:56, 23 April 2024 (UTC)

WagerWire is an online marketplace where bettors can buy and sell previously placed sports bets. The Los Angeles-based company was founded in 2020 by UCLA roommates Zach Doctor, Travis Geiger and Guy Dotan.[1]

In addition to its direct-to-consumer platform, WagerWire built a business-to-business infrastructure for operators to embed the functionality inside their sportsbooks.[1] [2] [3]

History edit

The origins of WagerWire began in 2018, when Co-Founder Zach Doctor placed a bet on an NFL line prior to a game. At halftime, the sportsbooks moved the line from -3 to -10, and his Co-Founder Travis Geiger wanted to get the same -3 line Doctor had prior to the game. The idea started to ruminate about how to build a system for bettors to buy into one another's action. They began putting the business plan together in 2018. [1]

Fundraising edit

In 2021 the company closed pre-seed funding. [3]

In April 2022, WagerWire was the first company to be named to the accelerator program created by New York-based sports betting and technology communications firm HPL Digital Sport and Toronto-based investment firm Cardinal Sports Capital.[4]

In July 2022, WagerWire announced it closed $3 million in seed funding. The round was led by super angel Roger Ehrenberg, co-owner of the Miami Marlins, through his venture funds, IA Sports Ventures and Eberg Capital. Other investors include Cardinal Sports Capital and HPL Digital Sport Accelerator Program, SimpleBet founder Joey Levy’s 305 Ventures, Full Moon Sports Solutions, Sports Meta, law firm Cooley LLP, and early investors in Palantir, Canva, and Tesla.[2] [5]

Founders edit

WagerWire was founded by Zach Doctor, Travis Geiger and Guy Dotan. The three were Sigma Nu fraternity brothers at UCLA. Doctor serves as the CEO, Geiger as the CMO & Chief Experience Officer, and Dotan as the COO and Chief Product Officer. [1]

References edit

  1. ^ a b c d James, Brant (2022-07-26). "WagerWire: Where Sports Bets Become Tradable Assets". GamingToday.com. Retrieved 2022-08-05.
  2. ^ a b "Sports Betting Marketplace WagerWire Raises $3 Million Led by Marlins Co-Owner Roger Ehrenberg". www.sporttechie.com. Retrieved 2022-08-05.
  3. ^ a b Rodriguez, Ashley. "3 sports-betting entrepreneurs who have raised money in 2022 share their advice for other startups looking for investment amid the downturn". Business Insider. Retrieved 2022-08-05.
  4. ^ Novy-Williams, Brendan Coffey,Eben (2022-04-28). "Cardinal Sports, Hot Paper Lantern Form $100M Startup Accelerator". Sportico.com. Retrieved 2022-08-05.{{cite web}}: CS1 maint: multiple names: authors list (link)
  5. ^ "WagerWire raises US$3m in seed funding round". SportsPro. 2022-07-11. Retrieved 2022-08-05.