SpeedLabs has secured $6.5 million in seed funding, led by Parlay Capital Holdings, to develop an AI-driven platform for live sports markets, set to launch in summer 2026. The funding round also saw participation from Bullpen Capital, TA Ventures, and EdgeEquity. The startup is creating Momentum Markets, a system that generates and prices new betting markets in real-time based on game events. Unlike traditional sportsbooks, this platform creates new markets in response to shifts in game momentum. SpeedLabs aims to provide infrastructure for sportsbooks and prediction market operators, highlighting the growing demand for real-time trading opportunities. The company plans to use the funds to expand its team in anticipation of the launch.
How is SpeedLabs revolutionizing live sports markets with AI?
