Sports Tech Company TAPPP Raises $10 Million And Is Launching Live Betting Service With Major League Rugby


TAPPP, a sports technology company, has raised $10 million in a Series B funding round.

The New York company was formed in 2012 and focused on developing pre-paid cards for access to live and archived sporting events, striking deals with Major League Baseball and the National Football League. But TAPPP recently expanded and built the technology and infrastructure to allow viewers to bet on sporting events via televisions and streaming platforms.

TAPPP plans on soon launching its first in-game betting product. The company has partnered with Major League Rugby on a deal that will allow fans to wager on games that are streamed on the Rugby Network, a streaming platform. TAPPP and Major League Rugby are also partnering on a free to play game in all 50 states beginning on April 9.

Read the full article in Forbes.