What is Speed Labs?
Speed Labs operates at the cutting edge of financial technology, specializing in real-time market infrastructure. The company's core offering is an API that powers sportsbooks, prediction markets, and crypto books, facilitating the immediate conversion of live sports events into financial instruments. Additionally, Speed Labs engages consumers directly through its own contest product, demonstrating a dual approach to market penetration and innovation in the sports betting and prediction markets.
How much funding has Speed Labs raised?
Speed Labs has raised a total of $6.5M across 1 funding round:
Seed
$6.5M
Seed (2026): $6.5M with participation from TA Ventures and Bullpen Capital
Key Investors in Speed Labs
TA Ventures
TA Ventures is a venture capital firm that invests in ambitious early-stage technology startups across various sectors, including HealthTech, FinTech, and B2B Software. With an average ticket size ranging from $500K to $5M, they focus on pre-seed and seed investments.
Bullpen Capital
Bullpen Capital is a venture capital fund that specializes in investing post-seed capital into early-stage companies. Over the past decade, the firm has funded more than 100 companies that have identified a special product-market fit but are often overlooked.
What's next for Speed Labs?
With the recent infusion of major strategic capital, Speed Labs is poised for accelerated growth and market expansion. The company's focus on real-time data processing and its ability to create liquid markets from live sports events position it favorably within the rapidly evolving fintech and sports betting industries. Future developments will likely involve scaling its API infrastructure to support a broader range of clients and potentially exploring new asset classes or predictive market applications. This strategic investment signals strong confidence in Speed Labs' technology and its potential to disrupt traditional market dynamics.
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