Sportradar IPO
Sportradar is a global sports technology company providing data analytics, content, and integrity services to sports leagues, betting operators, and media companies. The company serves over 1,700 customers worldwide and has partnerships with major leagues including the NBA, NHL, and UEFA.
Key Facts
| Industry | Sports Technology & Data |
| Founded | 2001 |
| Headquarters | St. Gallen, Switzerland |
| Employees | ~3,000 |
| Website | sportradar.com |
| Funding | Public company (NASDAQ: SRAD) since September 2021 |
About Sportradar
Sportradar operates as the leading global provider of sports data and technology solutions, collecting and processing real-time data from over 890,000 sporting events annually across 92 sports. The company serves three primary markets: sports betting operators who rely on their odds and live data feeds, media companies seeking comprehensive sports statistics and content, and sports organizations requiring integrity monitoring and fan engagement tools.
The company's competitive moat lies in its extensive network of official data partnerships with major leagues including the NBA, NHL, MLB, and UEFA, combined with sophisticated fraud detection algorithms that monitor betting patterns for match-fixing. Sportradar went public on NASDAQ in 2021 and has been expanding its presence in the rapidly growing US sports betting market while maintaining its dominant position in European markets.
IPO Status
Sportradar completed its IPO on the NASDAQ in September 2021, trading under ticker symbol "SRAD". The company raised approximately $513 million in the offering, pricing shares at $27 each, which valued the company at around $8 billion. The IPO came during a surge of interest in sports betting and sports technology companies. Sportradar's established global presence and long-term contracts with major sports organizations positioned it well for public markets, though like many tech IPOs from that period, the stock has experienced volatility since its debut.
Competitors
Frequently Asked Questions
Does Sportradar have a stock?
Yes, Sportradar completed its IPO in September 2021 on the NASDAQ. The company raised over $500 million in the public offering.
When is the Sportradar IPO date?
Sportradar already completed its IPO in September 2021. There is no upcoming IPO date as the company is already public.
How can I buy Sportradar stock?
You can buy Sportradar stock through any major brokerage platform using ticker symbol "SRAD" on the NASDAQ. The stock is available for trading during regular market hours.
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