SCCG Venture Fund I announces investment in BettorFantasy
SCCG Venture Fund I, the venture capital firm business of SCCG Management, has announced its investment in BettorFantasy.
BettorFantasy is a client-partner of SCCG Management that specialises in fantasy sports betting.
The operator provides a platform for fantasy leagues, game modes and experiences, with an app currently in development.
Sahil Patel, CEO and Co-Founder at BettorFantasy, said: “At BettorFantasy, our mission is to unite friends all year long through the power of fantasy sports.
“We’re thrilled to have the SCCG Venture Fund as a strategic advisor and investor in our company.
“With SCCG’s support, we’re well-positioned to accelerate our growth and bring our app to a wider audience of fantasy sports enthusiasts.”
BettorFantasy also emphasises the social aspect of its platform, where users can compete against their friends in the daily drafts, pools, micro-betting and parlays.
Patel continued: “SCCG’s expertise and resources will be invaluable as we continue to develop and enhance our platform, ensuring that we remain at the forefront of the rapidly evolving fantasy sports landscape.”
This announcement supports additional moves made by SCCG Management regarding virtual online sports betting.
The company has recently extended its partnerships with peer-to-peer video game betting platform Gamer Wager and virtual sports provider Golden Race.
Stephen Crystal, the founder of SCCG Venture Fund I and SCCG Management, said: “We are thrilled to be investing in BettorFantasy, a company that has created an innovative and exciting platform that is revolutionizing the fantasy sports industry.
“We have worked with BettorFantasy for some time now and are confident in their ability to continue driving growth and innovation in this space.”
SCCG Management signed the initial investment partnership with BettorFantasy in November, 2022.
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