NumberFire
{{lowercase title}}
{{Infobox company
| name = numberFire
| logo =
| type = Private
| foundation = 2010
| founder = Nik Bonaddio
| key_people = Keith Goldner
Michael Worthington
Adam Kaplan
| location_city = New York, NY
| location_country = USA
| homepage = {{url|http://numberfire.com}}
}}
numberFire is a privately held company that offers statistical analysis of data around sporting events and sports fans, targeting fantasy sports players, digital media, writers, teams, and leagues.{{cite news|url=http://thebiglead.com/index.php/2011/10/09/numberfire-turning-fantasy-numbers-into-real-wins/ |title=NumberFire Turning Fantasy Numbers Into Real Wins |work=The Big Lead |date=9 October 2011 |accessdate=3 February 2012}} The site boasts over 700,000 subscribers and partnerships with ESPN, NFL, Sports Illustrated, USA Today, and SB Nation.{{cite news|url=http://www.betabeat.com/2012/01/04/numberfire-data-science-for-fantasy-sports-raises-650-k-seed-round-from-rre-david-tisch-eliot-durbin/ |title=Numberfire, Data Science for Fantasy Sports, Raises $650 K. Seed Round From RRE, David Tisch, Eliot Durbin |work=BetaBeat |date=4 January 2012 |accessdate=3 February 2012 |first=Ben |last=Popper}}
History
The company was founded in 2010 by Nik Bonaddio, who launched the initial version of the product following a successful appearance on Who Wants To Be A Millionaire; the winnings from that show were used to found the company.{{cite news|url=https://techcrunch.com/2011/09/20/numberfire-raising-seed-round-to-build-the-last-fantasy-football-tool-youll-ever-need/ |title=NumberFire Raising Seed Round To Build The Last Fantasy Football Tool You'll Ever Need |work=TechCrunch |date=20 September 2011 |accessdate=3 February 2012 |first=Rip |last=Empson}} Later that year, Bonaddio successfully pitched the company at the DisruptNYC conference held by TechCrunch in New York City, gaining an initial PR buzz and investor interest.
The team quickly expanded in February 2011 with the hiring of Keith Goldner as chief analyst. Goldner has worked in the sports analytics industry with the Oklahoma City Thunder, Philadelphia 76ers, and ESPN among others.{{cite news|url=http://www.numberfire.com/info/the-team/ |title=numberFire Team |work=numberFire |accessdate=3 February 2012}}
In late 2011, the company announced venture capital financing from RRE Ventures, New York University, and several other investors.{{cite news|url=https://techcrunch.com/2012/01/05/numberfire-pockets-750k-to-help-you-rule-your-fantasy-sports-leagues/ |title=NumberFire Pockets $750K To Help You Rule Your Fantasy Sports Leagues |work=TechCrunch |date=5 January 2012 |accessdate=3 February 2012 |first=Rip |last=Empson}}
numberFire was acquired by FanDuel in August 2015. Terms of the deal were not disclosed.{{cite web|title=FanDuel Acquires Leading Sports Analytics Company, numberFire|url=http://www.businesswire.com/news/home/20150819005257/en/FanDuel-Acquires-Leading-Sports-Analytics-Company-numberFire#.VdlUcNNViko|website=Business Wire|date=19 August 2015 |accessdate=19 August 2015}}
Methodology
Unlike traditional media analysis, the company aims to use statistical modeling and data mining to help consumers and businesses make smarter decisions in the fantasy sports, handicapping, and digital media markets.{{cite news|url=https://techcrunch.com/2010/09/09/numberfire-gets-scientific-about-fantasy-football-picks/ |title=NumberFire Gets Scientific About Fantasy Football Picks |work=TechCrunch |date=9 September 2010 |accessdate=3 February 2012 |first=Leena |last=Rao}} This is done through the generation of specific, proprietary formulas that analyze statistics in an unconventional, scientific manner.{{cite news|url=http://www.businessinsider.com/numbefire-tour-fantasy-football-2011-09 |title=NumberFire Is The Tool That Will Help You Dominate Your Fantasy League This Year|work=Business Insider |date=8 September 2011 |accessdate=3 February 2012 |first=Dashiell |last=Bennett}} The company has received notable press coverage for correctly picking the winner of Super Bowl XLV{{cite news|url=https://thenextweb.com/apps/2011/02/03/numberfire-predicts-the-super-bowl-winner/|title=NumberFire predicts the Super Bowl winner |work=TheNextWeb |date=3 February 2011 |accessdate=3 February 2012 |first=Courtney |last=Boyd Meyers}} and successfully outpredicting ESPN, Yahoo!, and CBS in the fantasy markets.
References
{{reflist}}
External links
- [http://www.numberfire.com numberFire]
{{Fantasy sports}}
Category:Internet properties established in 2010
Category:American companies established in 2010
Category:Companies based in New York City
Category:Fantasy sports websites
Category:2010 establishments in New York City