--- title: 'Head of Business Development at Novig' canonical: 'https://feeny.ai/job/head-of-business-development-novig-new-york-h1w4gm9acx4f' type: 'job' last_seen: '2026-11-11' --- # Head of Business Development at Novig - **Company:** Novig - **Location:** New York, NY - **Employment:** full-time - **Posted:** 2026-11-10 - **Last confirmed live:** 2026-11-11 - **Apply:** https://jobs.ashbyhq.com/novig/febdc7b7-4487-43dc-8351-a6f5826e4871 ## Job description Head of Business Development $180k – $220k • meaningful equity ## About Novig Novig is building America's #1 sports prediction market. Our mission is to financialize and democratize sports trading - taking a closed system run by casinos and turning it into a fair, efficient, two-sided market where the power sits with users. With Novig recently becoming a CFTC-designated market — the fastest designation of its kind in US history— we're bringing the prediction market built for sports fans nationwide. We're backed by some of Silicon Valley's top investors — Pantera, Forerunner, Lux, NFX, Paul Graham, and Joe Montana — who have collectively invested over $100M behind this vision. ## About the Role Every trade on Novig needs someone on the other side. Liquidity providers are that someone. They quote the prices and tighten the spreads that make a market worth trading. As our Head of Business Development, you’ll own those relationships. You’ll be the go-to partner for the trading firms and market makers already working with Novig. You’ll bring new liquidity providers onto the exchange and shape the incentives and deal terms that keep them here. You’ll work with Markets, Analytics, and Developer Relations, and you’ll directly shape how deep our order books get. Who you are and what you will do - You’re the go-to partner for our largest LPs. You learn their goals and help them scale their relationship with Novig. - You grow our LP base. You find and onboard new LPs, working with Developer Relations to get them live. - You partner with Markets and Analytics to structure incentives that work for Novig and our LPs. - You track performance. You monitor each LP’s trading performance and market share, and you send regular read-outs to the team and to partners. - You represent Novig at industry events and LP meetings. - You have 5+ years owning high-stakes relationships, whether in TradFi, trading, sports, fintech, or another industry entirely. Experience working with trading firms is a plus. - You speak the language. You can talk spreads, fees, and risk with a trader on their terms, and you follow how prediction market structure is changing. - You bring a network across prop shops, market makers, or sports trading desks. Why work here, in the words of the people who do “I work with extremely stellar people, I own real systems, and decisions happen fast. No politics, no waiting for needless red tape. If something’s broken, I fix it. If I build something good, it ships.” “The people! They’re smart, thoughtful, fun to work with and passionate about their craft.” “I’m having the most fun I’ve had in my entire career.” If you want responsibility, trust, and the chance to help build the future of sports prediction markets - take your shot, we’d love to connect. Not for everyone - Our work is tied to live sports - that means potential nights, weekends, and pressure included. - If you need clear swim lanes, a heavy process, or someone to tell you what to do, this won’t be the right environment. ## Compensation & benefits - $180k – $220k base, benchmarked at top-tier tech companies - Meaningful equity for every employee, regardless of role - 100% health premiums covered - 99% dental & vision covered - 401(k) with 4% company match - HSA + $1,080 annual company contribution - $50/monthly company contribution to employee transit - $27/day lunch stipend when working from our NYC office - $35/day dinner stipend when working from the NYC office after 6:30pm Homebase Union Square, NYC ## About Novig ## Company Overview - **One-liner**: Novig is a commission-free, peer-to-peer sports prediction market that allows users to trade on sports outcomes against each other rather than against the house. - **Entity Type**: Private (Series A; Y Combinator Summer 2022) - **Headquarters**: New York, New York, USA - **Founded**: 2021 - **Founders**: Jacob Fortinsky (CEO) and Kelechi Ukah (CTO) ## Core Business - **Primary industry**: Sports prediction markets / sports trading (disrupting traditional sportsbooks) - **Target customers**: B2C – sports fans and retail traders looking for fair, transparent betting alternatives - **Mission**: “Create a faster, fairer future for traders and fans — free from hidden fees, house edges, and account limits.” ## Products & Services - **[Novig Platform]**: A mobile and web app that enables peer-to-peer sports trading with zero commission. Users set their own odds, trade in real-time, and benefit from full market transparency. Available in 35+ U.S. states. ## Market Standing - **Valuation**: Not publicly disclosed (private company) - **Key Metric**: Over $105 million raised in total funding (including a $18M Series A announced in 2026) - **Notable Investors/Partners**: Pantera Capital, Forerunner Ventures, Lux Capital, NFX, Y Combinator, Paul Graham, Joe Montana - **Growth Signals**: - Fastest growing sports prediction market in the U.S. - Received CFTC approval to operate as a regulated exchange - Team grew to 55 employees (~23 in product & engineering) - Available in 35+ states nationwide ## Competitive Advantages - **Commission-free model**: No house edge or hidden fees; users trade directly with each other. - **Peer-to-peer exchange**: Better pricing and transparency than traditional sportsbooks. - **Regulatory edge**: CFTC-regulated, providing legitimacy and trust in a grey-market industry. - **Backed by top-tier investors**: Deep war chest and network from Silicon Valley’s best. ## Strategic Focus - Continue expanding into new states and product features. - Drive user adoption by marketing the fairness and efficiency of prediction markets vs. sportsbooks. - Build out engineering and operations teams to scale the platform and maintain reliability during high-traffic events. ## Why Work Here - **High-growth, well-funded startup**: Over $105M raised with massive market opportunity in the expanding sports betting sector. - **Impact & ownership**: Engineers and product teams directly shape a platform used by millions. - **Engineering culture**: Modern tech stack (Rust, TypeScript, React Native, Node.js, Python, AWS, Kafka, GraphQL, Redis, PostgreSQL, Terraform, Docker). - **Work model**: Hybrid in-office (NYC headquarters) with 4 days/week in-office expected; remote options available for select roles. - **Benefits**: Competitive salary ($170K–$225K for L4 Backend Engineer), equity, comprehensive health coverage. - **Values-driven**: “Challenge the House”, “Truth Over Ego”, “Move Fast, Think Long”, “Fans First, Always”. - **Passionate team**: Sports fans building for sports fans. ## Sources 1. [Y Combinator – Novig](https://www.ycombinator.com/companies/novig) 2. [Novig Careers](https://novig.com/careers) 3. [Built In – Novig](http://www.builtin.com/company/novig) 4. [Novig Landing Careers](https://landing.novig.com/careers) ## Other roles at Novig - [Head of Product Marketing](https://feeny.ai/job/head-of-product-marketing-novig-new-york-n9ec4gzz28jy) — New York, NY - [Design Engineer](https://feeny.ai/job/design-engineer-novig-new-york-6jf56xjp34qw) — New York, NY - [Product Designer](https://feeny.ai/job/product-designer-novig-new-york-nk03ynapb87f) — New York, NY - [Product Data Analyst](https://feeny.ai/job/product-data-analyst-novig-new-york-mr4rk2p20g9x) — New York, NY - [Senior Backend Engineer, Core Trading Systems](https://feeny.ai/job/senior-backend-engineer-core-trading-systems-novig-new-york-41101pnka4bz) — New York, NY - [Growth Operations Coordinator](https://feeny.ai/job/growth-operations-coordinator-novig-new-york-3es09vwx0dgq) — New York, NY - [Affiliate GTM Lead](https://feeny.ai/job/affiliate-gtm-lead-novig-new-york-30ha52xejd80) — New York, NY - [People Operations Manager](https://feeny.ai/job/people-operations-manager-novig-new-york-gsx95e1w3p1r) — New York, NY - [IT Specialist](https://feeny.ai/job/it-specialist-novig-new-york-bxk9908hszb3) — New York, NY - [Chief Fan Officer](https://feeny.ai/job/chief-fan-officer-novig-remote-na05kpbcks9w)