Jacob Fortinsky and Kelechi Ukah begin developing the Novig concept during their senior year at Harvard
Novig enters Y Combinator’s startup accelerator program.
Closes a $6.4M seed round and announces partnership with US Integrity.
Launches as a regulated sports betting operator in Colorado.
Ceases operations as a regulated exchange in Colorado to focus on building a sweepstakes product.
Rolls out its sweepstakes product, allowing it to launch in 42 states and widen its reach.
Raises an $18M Series A, at that point having grown monthly trading volume 50x since its public launch and surpassing $2B in annualized volume.
Launches desktop app, bringing the app experience to the web.
Closes a $75M Series B, valuing the company at $500M and bringing total funding to over $105M.
Novig formally applies for CFTC Designated Contract Market (DCM) status.
Novig launches Novig Points, an innovative loyalty program that rewards all traders.
Novig receives CFTC approval for its DCM application, clearing the path to operate as a federally regulated prediction market in all 50 states.
Novig launches its DCM nationwide.
