SCCG Management invests in client partner Ronin Sport
Investment creates the Ronin Venture Fund, which aims to broaden North American presence.
Stephen Crystal, the founder of SCCG Management, has announced that the company’s venture fund has invested in RoninSports.io, one of its existing client partners. The investment will create the Ronin Venture Fund, which aims to offer strategic support and business development.
The SCCG Venture Fund is an alternative investment fund that is focused on increasing value and distributing profit by targeting the best gaming opportunities for Seed/Series A funding.
SCCG continues to act as a strategic business partner to Ronin, setting up the Ronin Venture Fund which will help the company grow in the North American market. SCCG has a whole host of offerings to aid Ronin and will provide insights, business development and advisory services.
This transaction follows two others made by the SCCG this year, including investments in Play Caller Sports and Bounty Sports. Play Caller Sports is an innovative fan engagement platform that offers both fantasy sports and sports betting. This company also has a focus on the North American market, concentrating on popular US betting leagues such as the NFL, NBA and MLB.
Bounty Sports also has much to offer in this field. Its daily fantasy sports platform is designed for casual sports fans, not expert statisticians using advanced algorithms. Built by everyday fans, Bounty allows fans to compete against each other to win cash prizes.
The Ronin Venture Fund will continue to target the most exciting companies in sports wagering, iGaming, esports, sports data, affiliate solutions and venue management.
Ronin Sport was founded in January 2020. The founding team has 20 years of experience in the digital media industry and is interested in sports in particular. They offer live TV and streaming data on several countries’ wide range of sports using a flexible platform that has inbuilt affiliate business models.
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