Huddle provides automated pricing and trading services for sports betting operators, utilizing proprietary algorithms to enhance accuracy and uptime across multiple sports markets. This technology enables operators to efficiently manage risks and reduce operational costs while launching customizable betting products in regulated jurisdictions.
Funding
$18M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Sports betting operators face challenges in accurately pricing odds and managing risk across a wide range of sports and bet types, leading to potential margin erosion and operational inefficiencies. Manual pricing processes are slow, costly, and prone to errors, while maintaining high uptime and accuracy across diverse markets requires significant technical resources.
Solution
Huddle provides automated pricing and trading services designed to enhance accuracy, uptime, and efficiency for sports betting operators. The platform utilizes proprietary algorithms to automate the pricing of various sports, including basketball, football, tennis, ice hockey, and baseball, across pre-match and in-play markets. By automating pricing and risk management, Huddle enables operators to reduce operational costs, improve margins, and launch customizable betting products in regulated jurisdictions. The solution is designed for fast iteration, enabling product innovation and an improved player experience.
Target Audience
Huddle's primary customers are sports betting operators seeking to automate pricing, manage risk, and improve margins across a variety of sports markets.
Features
- Automated pricing for basketball, football, tennis, ice hockey, and baseball, both pre-match and in-play.
- Odds feed offering core, derivative, player props, and micro markets.
- Customizable solutions allowing operators to differentiate their product.
- UX intuitive design for easy operation and launch in new markets.
- Cost-effective, cloud-native, modular, and scalable infrastructure.
- Ability to ingest, consolidate, and leverage multiple data sources.
- Fully compliant and regulated solution.
- Proprietary algorithms for sports forecasting and risk management.