LineLibrary Secures Funding From Sports Tech VC SeventySix Capital
Investment Supports Growth of LineLibrary and Hiring of Jeff Urban as President
PHILADELPHIA, Feb. 27, 2020 /PRNewswire-PRWeb/ -- SeventySix Capital, a sports tech venture capital company, announced an investment in LineLibrary, a Chicago-based company that is building the next innovative sports betting platform to serve customers around the world.
"The team at SeventySix Capital are people you want to work with. I'm grateful for their involvement as investors, mentors and friends. I couldn't ask for a better group of people to have in LineLibrary's corner," said Sam Rattner, CEO of LineLibrary.
In addition to SeventySix Capital's financial and entrepreneurial support, Managing Director Chad Stender will take a board seat.
"We're incredibly proud to add LineLibrary to the SeventySix Capital portfolio. LineLibrary is a great addition to our current roster of sports-focused startups, and we're excited to support Sam in his mission to disrupt the sports betting industry," said SeventySix Capital Managing Director Chad Stender.
LineLibrary will use SeventySix Capital's funding to advance its in-house product development and engineering capabilities.
In addition to new funding, LineLibrary is onboarding Jeff Urban as President. Most recently, Urban was a successful co-founder of Whistle Sports, a top-tier sports marketing and content company headquartered in New York City. Previously, Urban was Senior Vice President of Global Marketing for Gatorade.
"Jeff brings unparalleled value that every startup dreams of having. His domain expertise in corporate development and global sports marketing will help LineLibrary become a competitive sports betting company in 2020," stated Rattner.
About LineLibrary
LineLibrary is building the next innovative sports betting platform to serve customers around the world. LineLibrary's management team and advisory board is comprised of industry executives from quantitative finance, global sports marketing, and legacy C-Suite executives from the international gambling industry. LineLibrary is thoroughly focused on building intuitive products that consistently exceed market expectations.
Learn more about LineLibrary: http://bit.ly/linelibraryexchange.
About SeventySix Capital
SeventySix Capital is a sports tech venture capital company that invests in passionate, smart and nice entrepreneurs who are launching game-changing tech startups in the sports tech, esports and sports betting industries.
SeventySix Capital's Athlete Venture Group allows players to invest, learn, and work directly with top sports tech startups and entrepreneurs. The firm aims to bridge the gap between athletes, entrepreneurs, and investors by creating opportunities for athletes to become tech investors and for entrepreneurs to access the financial and social capital that professional athletes have to offer.
Additionally, SeventySix Capital has a strategic partnership with Rubicon Talent, a sports marketing and talent agency based in New York City with a wide range of clients including NFL and NBA stars, Hall of Famers, MVPs, Heisman Trophy winners, Olympic icons, media personalities, and celebrity chefs.
Learn more about SeventySix Capital: http://www.seventysixcapital.com.
Contact
Jessica David
Director of Marketing, SeventySix Capital
[email protected]
SOURCE SeventySix Capital
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