numberFire, Inc.

numberFire, Inc. is a data analytics company specializing in sports analytics, providing insights and predictive models to enhance decision-making for sports enthusiasts and professionals alike. Founded in 2010 in New York, US, numberFire, Inc. focuses on delivering analytics solutions in the sports industry.

The company was acquired by FanDuel in August 2015, a deal that expanded FanDuel's capabilities in data-driven sports engagement. The founders and key individuals behind numberFire are not publicly detailed. After the acquisition, numberFire has operated under the FanDuel umbrella, leveraging its resources for growth. The company has secured a total of USD 0.

75 mn in funding, with the latest round being a SEED round led by RRE Ventures, and includes investors such as Correlation Ventures and Penny Black. numberFire offers advanced sports analytics tools, providing users with data-driven insights and predictive analytics for various sports. These services enhance user engagement through analytics that inform betting strategies and fantasy sports decisions, catering to both amateur and professional sports enthusiasts across multiple platforms. numberFire generates revenue through its analytics services by supporting platforms like FanDuel, which include transaction-based revenue models linked to user engagement.

The exact financial figures for numberFire's revenue are not disclosed. Looking ahead, numberFire plans to innovate its analytics offerings by developing new products focused on real-time data analytics and enhancing its predictive modeling capabilities. Furthermore, the company aims to expand into additional U. S.

states and overseas markets to broaden its customer base, targeting completion of these expansions by 2025. The recent Seed funding of USD 0. 75 mn will be utilized to support these initiatives, aiming to enhance product development and market penetration.