At Novig, we are building the first high-frequency, commission-free sports trading platform in the US — essentially the NASDAQ of betting.

We guarantee bettors the best odds and eliminates the need for traditional sportsbooks. We do this by enabling users to bet directly against friends or the market, rather than against the house, making the betting experience more efficient, fair, and, most importantly, profitable.

Novig’s founders, Jacob and Kelechi, are recent Harvard grads with experience at Jane St & BoA who started Novig with the believe that a commission-free P2P exchange model will replace the exploitative and unprofitable betting model of traditional sportsbooks. They themselves were sophisticated sports bettors who grew increasingly frustrated by the latency, discriminatory practices, monotony, and non-profitability of the retail sportsbook betting experience.

As the regulatory landscape evolves in the United States, Novig is positioned to become a leading innovator in sports betting with our unique focus on research and technology.

Senior Backend Engineer / Backend Engineer

$125k – $275k • 0.10% – 0.60%

Summary:

The first peer-to-peer sports prediction market, recently closed a $6m seed round from YC, Lux, Soma, Paul Graham, Joe Montana, Innospark, the founders of Instacart and Dropbox, and many other top angels and funds
Salaries at the top of benchmarks, with significant equity ownership and generous benefits
Founders are recent Harvard grads with quant experience at Jane Street and BoA and years of experience as sharp sports bettors
$300B annually bet on sports in the US and the size of the market is rapidly growing, particularly given the opportunity for operators to capitalize on the sweepstakes business model
Currently the only way to bet is with retail sportsbooks which have egregious margins, discriminatory and inefficient practices, and a stale betting experience
Novig is a sports prediction market that guarantees users the best lines by allowing them to play directly against friends or the market, rather than against the house, making the wagering experience more efficient , fair , and, most importantly, profitable

What will you do?

You will apply state-of-the-art technologies used in modern financial exchanges to enforce transparent and efficient market practices in the future of sports betting. Depending on your familiarity with different components of our tech stack, you may work on optimizations to our infrastructure, data layer, networking, or application logic. Some of your work will be tightly coupled with frontend product development, more focused on maintaining an outstanding user experience.

Responsibilities:

Build out a developer-first API experience for algorithmic trading integrations
Scale-up our real-time data ingestion and distribution pipelines
Expand product features by extending modular service logic on top of existing core functionality

What are we looking for?

We value candidates with expressed interest in sports, markets, and technology. You are someone who is passionate about the complexities of computer science who can contribute toward helping us build a robust, scalable sports trading marketplace.

Requirements:

Bachelor's or Master's degree in Computer Science or related technical fields
3+ years of experience developing distributed systems with cloud-based architecture
Experience with a system programming language such as Rust, Go, C++
Understanding of tradeoffs between technical decisions and business requirements
Strong leadership, problem-solving, and communication skills
Comfortable working independently and with small teams covering large surface area

Who is Novig?

At Novig, we have reimagined the sports betting landscape by building a sweepstakes-based sports prediction market. Our innovative platform allows users to engage in sports predictions without traditional gambling constraints. By leveraging the sweepstakes model, we ensure compliance with regulatory requirements while providing a unique, engaging, and profitable experience for our users. Our goal is to make sports prediction more accessible, fair, and enjoyable.

Novig’s founders, Jacob and Kelechi, are recent Harvard grads with experience at Jane St & BoA who started Novig with the belief that a commission-free P2P exchange model will replace the exploitative and unprofitable betting model of traditional sportsbooks. They themselves were sophisticated sports bettors who grew increasingly frustrated by the latency, discriminatory practices, monotony, and non-profitability of the retail sports betting experience.

As the regulatory landscape evolves in the United States, Novig is positioned to become a leading innovator with our unique focus on research and technology.

How does Novig approach compensation?

We are big believers in providing excellent compensation to everyone on the team as we build.

We offer salaries at the top of the benchmarks you’d find for senior roles at big name companies
We provide equity to all employees regardless of role. We are looking for people who can grow with us as we scale our team and product, and we think it’s important for all employees, especially our first few teammates, to have significant equity in the company so you have skin in the game and our incentives are aligned.

What benefits does Novig offer?

We are embarking on an ambitious journey and are committed to providing generous benefits, even at this early stage.

Robust health, dental, and vision plans, covering 100% of health premiums and 90% of dental and vision premiums
Generous 401(k) plan, matching up to 4% of base salary
Health Savings Account (HSA) with $1,080 annual company contributions
$24/day food or commuter stipend when working in our new office

We're building the first high-frequency trading platform for sports betting.

Stack: mobile app in React Native; backend exchange and trading components in Java; database layer in PostgreSQL, Mongo, S3.

We’re a nimble team of researchers, engineers, statisticians, and other flavors of nerd who want to tackle some of the most challenging open-ended problems at the intersection of sports, game theory, and technology.

If you enjoy solving hard interdisciplinary problems, then you’ll enjoy working at Novig.

Proof: People who work at Novig solve hard interdisciplinary problems. □