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The Venture Codex

Eberg Capital

589 Fifth Avenue, Suite 1602, New York, NY, 10017, United States

Overview

Eberg Capital was founded as an experiment: can a father and two sons work together, learn from each other, do great work and have fun without family dynamics destroying the beautiful vision? We went into this with a great amount of intention, but it requires constant effort to strike that balance among parent/child, adult/adult and experienced professional/young professional axes. While we’re less than a year into the experiment, I’d say that we’re doing pretty well so far. I’m sure before we’re done we’ll have enough fodder to write a book, but in the meantime we’re just trying to enjoy each other, bring our best selves to our companies and to grow together. Eyes wide open.

Total investments
9
Lead investments
4
Investments · 12mo
1
Active investors
0
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Investment portfolio

  • Scorbit

    Participated · Seed · Nov 2025

    Scorbit operates a platform that connects vintage, offline and modern arcade machines to the internet, enabling real-time scoring, competition, payments, and community features through its mobile app and cloud software. The company is also developing the Scorbit Console, a B2B hardware and software solution aimed at arcade venues and other locations that host machines. Seed-stage beta tests are already live and providing early market validation, though no specific revenue or user numbers were disclosed. With the newly raised capital, Scorbit plans to expand its team, finalize its minimum viable product, and invest in R&D for both new hardware and expanded app capabilities covering payments, competitions, and global gameplay support. Co-founded by serial entrepreneurs Jay Adelson and Ron Richards, the Ann Arbor–based startup intends to pursue a Series A round in 2026 to fuel partnership expansion and nationwide scale.

  • Fantasy Life

    Participated · Seed · Jul 2025

    Fantasy Life is a fantasy sports and gaming company founded by Matthew Berry that serves as the official tools partner of NBC Sports and delivers premium content and insights to millions of fans. Its core products include written, video, and audio fantasy content, a suite of premium tools (Fantasy Life+), and the Guillotine Leagues survivor-style fantasy format. The company has launched a redesigned, faster app and web experience, a mobile-first approach with iOS available and Android planned for later this summer, and FantasyHQ™ — a personalized hub for real-time data, insights, and league tools. Fantasy Life also offers integrated features like syncing leagues across providers, custom trade/waiver/start/sit advice, and Mike's Fantasy Scoreboard™. The company partners with platforms such as LG, SiriusXM, Roku, Fubo, and iHeart to reach users year-round. Financially, Fantasy Life reports revenue growth of 737% since launching in 2022 and a 230% increase from 2024 to the first half of 2025. FantasyLife is a New York–based fantasy sports and sports betting media company founded by Matthew Berry and led by CEO Eliot Crist. It began as a daily email newsletter serving over 350,000 subscribers and later launched FantasyLife.com. The website draws over two million monthly visitors and offers free tools and content including Projections, Free NFL Bets, Prop Tables, a suite of Data Tools, the Best Ball Hub, and NFL player and team pages. The company also introduced a fantasy league punishment generator and other audience-facing products. FantasyLife plans to use new funding to expand operations and broaden its business reach. The company’s core product mix combines editorial content, data tools, and community-oriented features for fantasy and sports-betting audiences.

  • ALT Sports Data

    Led · Seed · Apr 2025

    ALT Sports Data offers a technology and services platform — described as a League Operating System — that bundles official data rights, integrity and compliance services, fan engagement and media tools, and commercial distribution across gaming and streaming. The platform is modular so leagues can adopt capabilities incrementally and scale into additional products over time. ASD works with more than 30 sports properties worldwide, including Formula 1, World Surf League, X Games, SuperMotocross World Championships, Bare Knuckle Fighting Championship, and Professional Bull Riders. The company has experienced significant growth over the past eighteen months and recently became Formula 1’s Official Betting Data Supplier. With the newly raised $5 million, ASD intends to invest further in product development, AI, league onboarding, integrity and compliance, sports betting and fan engagement offerings, and international expansion. The company continues to expand its global operator network and strategic services to create new commercial opportunities for leagues while maintaining control of audience and intellectual property.

  • JohnWallStreet

    Led · Equity · Jun 2024

    JohnWallStreet offers a newsletter service that provides context and analysis around the news and trends defining the sports industry. In addition to its publishing arm, the company owns research, events, and consulting/advisory businesses. It intends to use recent funding to broaden its content publishing offerings, expand live event capabilities beyond the Sports and Media Huddle series, and build a research and intelligence business serving teams, leagues, and sponsors. The first release from that research and intelligence arm is a thematic report on private equity in college sports. That report was informed by extensive interviews with more than 20 NCAA Division I conference commissioners, athletic directors, private equity professionals, and multimedia rights holders. JohnWallStreet has also secured an ongoing commitment from its first investor, Playfly Sports, for support services.

  • Whoosh

    Participated · Series A · Jun 2024

    Whoosh provides cloud-based, tablet-focused reservation and operations software for managing courses, clubhouses, and time-based activities such as golf, racquets, simulators, lessons and fitness. Led by CEO Colin Read, its tee sheet and booking tools put reservation control in players’ hands for private and public/daily-fee facilities. The company plans new integrations later this summer and further refinement of its public product before year end. Whoosh intends to use financing to accelerate expansion into public/daily-fee clubs, alternative golf facilities, "eatertainment" venues, resorts, and other time-based activity operators. The funds will also support continued technology development and increased team capacity to meet customer demand. The company recently closed a Series A to fund these initiatives. Whoosh offers a cloud-based, iPad-focused club operations software suite that helps private clubs manage everything from the course to the clubhouse. Its system streamlines operations, improves member and staff communication, and enhances hospitality and member experiences. Solutions include a tee sheet with integrated caddie tracking and waitlist functionality plus modern texting and chat features. The company launched its product in Fall 2021 and is already working with several premier private golf clubs around the country. Led by CEO Colin Read, Whoosh intends to use new capital to expand operations and broaden its business reach. The article reports a $6M funding raise to support that expansion.

Team

No current team members are available.