Xpoint and Courtside Ventures Announce Investment Partnership
Xpoint, the leading geolocation and compliance technology company specializing in U.S. sports betting and iGaming markets, has confirmed an investment partnership with Courtside Ventures, the early-stage venture capital fund focused on sports, betting, collectibles, fitness and gaming. Xpoint joins Courtside Venture’s portfolio which features a range of high profile international companies including StockX, The Athletic, 100 Thieves, Recur and Winzo.
Ahead of the official launch of the Xpoint platform online in early 2022, Xpoint has already announced partnerships with Sporttrade, the first-ever dynamic sports betting and trading exchange, PlayStar Gaming, the revolutionary online casino operator, and a further investment partnership with Bettor Capital. The new funding from Courtside Ventures will further support Xpoint’s already impressive growth in the U.S. market and worldwide, as the company continues its mission of transforming the global geolocation market.
“Courtside Ventures have an incredible portfolio of investments across a range of industry sectors which complement Xpoint’s core business goals and values, and I am proud to welcome Courtside into our team,” commented Marvin Sanderson, CEO and co-Founder of Xpoint. “The Courtside team has a proven track record of identifying exciting new brands, challenging the norm from entertainment and media to technology and software. Their support will help us continue our accelerated growth, and will play a major role in helping us achieve the strong targets we have set for 2022 and beyond.”
“Xpoint is a very natural fit for Courtside,” commented Deepen Parikh, Courtside Ventures Partner. “They have a world-class team, developing a solution for a rapidly growing industry that is poised for massive innovation. We are excited to work closely with Marvin and the whole team to create a market-leading business.”