SBC Summit North America confirms five startups finalists for First Pitch competition in New Jersey

SBC Summit North America organizers announced that five startups have been chosen to compete in the final of the second edition of the SBC First Pitch, which will take place at Meadowlands Exposition Center on July 12-14. The winner will secure a prize package valued at more than $60,000 to help its development and growth plans.

Each startup will have the opportunity to pitch its business plans to a panel of judges with expertise in venture capital investments within the industry. The competition will be part of the event's Capital & Growth track on July 14, the final day of the North American sports betting and iGaming event.

Sue Schneider, VP of Growth & Strategy, Americas at SBC, said: "We are glad to announce that the top five startups have been chosen and are ready to battle it out." The five finalists taking part in the second edition of the SBC First Pitch North America contest are:

• Kero Gaming: a white label in-game micro betting platform "with a vision to disrupt the sports betting experience over the next decade" by offering an interactive social environment for the bettors.
• BetSwap Limited: a company that provides fully integrated marketplaces for both platform providers and operators. Each party will have access to a marketplace where they can buy and sell active bets.
• STX: a sports betting exchange inspired by traditional financial markets that offers a real-time marketplace for users to bet on the outcome of sporting events.
• Sparket - The Social Betwork: a company providing software solutions that enable operating partners to expand their sportsbook offerings and reach via a proprietary and customizable pool wagering system.
• CapWize: a company providing sports bettors with real-time dashboards that include cutting-edge simulation data to help bettors make "more intelligent sports picks."

A judging panel comprising Anika Howard (President and CEO, WONDR NATION), David Williams (Principal, Las Vegas Sands), Edward King (Co-Founding Partner and Co-CIO, Acies Investments), Kathleen Coviello (Chief Economic Transformation Officer, NJEDA), and Matt Davey (CEO, Tekkorp Capital LLC) will decide the winner of the competition.

Schneider added: "The judging panel was challenged to choose the top entries among the submissions we received for this year's SBC First Pitch competition. All entries were truly outstanding, and each of these startups has a lot of potential in the industry, even if they did not make it to the finals." 

The winning startup will secure a prize package valued at more than $60,000 to help its development and growth plans. The package includes:

• A $25,000 investment from HappyHour.io, a seed and early-stage accelerator for iGaming.
• One year of sports betting subscription worth $20,000 from Eilers & Krejcik Gaming, a research and consulting firm servicing the gaming equipment, interactive gaming, and sports betting sectors.
• A promotional package from SBC Media worth $12,200, including six months of advertising on SBC Americas and the SBC Americas Newsletter, and a unique editorial promoting the business.
• An exclusive brand or web design package worth $2,800 from Vegas Kings.

Last year's First Pitch competition saw two joint winners: The Parleh Media Group, a Canadian digital media specialist; and SharpRank, a Maryland-based independent sports betting rating agency. 

All delegates at SBC Summit North America will have access to watch the competition at the SBC First Pitch.