Sports betting technology company Outlier, which has a five-person office in downtown New Orleans, has announced the close of a $10.7 million funding round.

The company, founded in 2023 in Austin, Texas, runs a sports betting analytics platform that’s designed to help subscribers make smarter, data-driven decisions.

Outlier co-founder and CEO Evan Kirkham said the company will use its new funding to scale its platform, expand its subscriber base, and continue building its team in New Orleans and elsewhere.

The round includes $5.7 million in equity financing from Discerning Capital, a three-year-old venture capital firm based in Las Vegas. The additional $5 million comes in the form of a line of credit from Discerning's House Advantage Fund.

Outlier was created in 2023 when partners Kir

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