Novig

Novig YC Application

Summer 2022Active

Novig went through Y Combinator in the Summer 2022 batch as a Consumer company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch
Summer 2022
Industry
ConsumerGaming
Team size
55
Status
Active
Launched
2022

Founders

  • Jacob Fortinsky
    Jacob FortinskyFounder
  • Kelechi Ukah
    Kelechi UkahFounder

What Novig does

Novig is building America's #1 sports prediction market. Founded by Jacob Fortinsky and Kelechi Ukah, we are the only platform to offer commission-free sports trading. We deliver better pricing, full transparency, and a more efficient market structure for users by eliminating the traditional sportsbook model. Backed by the best - Novig has raised over $100M from some of Silicon Valley’s top investors including Pantera, Forerunner, Lux, NFX, Paul Graham, and Joe Montana.

Novig's YC application, reconstructed

Y Combinator application

Novig, Summer 2022 batch. The real form questions, answered from public data.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Novig

Describe what your company does in 50 characters or less.

America's #1 Sports Trading App

What is your company going to make? Please describe your product and what it does or will do.

We built a sports prediction market that lets users trade sports outcomes commission-free. Instead of traditional sportsbooks, users get better pricing with full transparency and efficient market structures. Our platform turns sports predictions into a marketplace where prices reflect true probabilities.

Where do you live now, and where would the company be based after YC?

We live in New York, NY, and the company is based here. After YC, we'd remain based in New York.

Explain your decision regarding location.

New York is where we live and have built our team. It's a major market with a strong sports and fintech presence, which fits our focus on sports trading and consumer gaming. We don't need to relocate to build what we're building.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

Frequently Asked Questions

Is this the real Novig YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Novig's public data (launch notes, founder backgrounds, product description). It shows how a company like Novig would present itself to YC, not the text they submitted.

What YC batch was Novig in?

Novig was part of the Y Combinator Summer 2022 batch.

Who founded Novig?

Novig was founded by Jacob Fortinsky, Kelechi Ukah.

What does Novig do?

America's #1 Sports Trading App

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of Novig's application, and every other YC batch, is in YC Insights.

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