C arsten Koerl is a German billionaire and the founder and CEO of Sportradar, a global leader in collecting and analyzing sports data. An engineer by training, Koerl has been a pioneer in the sports technology and data industry. He founded Sportradar in 2001, recognizing the immense potential of providing real-time sports data to media companies and the burgeoning sports betting industry.
Under his leadership, Sportradar has grown into a powerhouse, with official partnerships with hundreds of sports leagues around the world, including the NBA, MLB, and NHL. The company's technology tracks every aspect of a game, providing a firehose of data that powers everything from on-screen graphics for broadcasters to the odds offered by bookmakers. The company went public on the NASDAQ in 2021, a milestone that cemented Koerl's status as a major figure at the intersection of sports, media, and technology. He had previously founded the sports betting company Bwin.
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Carsten Koerl is a German entrepreneur, the self-made founder and CEO of Sportradar (NASDAQ: SRAD), a global leader in collecting and analyzing sports data, odds, and content. Born in southern Germany, Koerl developed a strong interest in technology from an early age. He pursued Electronic and Microprocessor Engineering at the University for Applied Sciences in Konstanz, honing the technical skills that would define his data-driven career.
His early career was spent navigating the nascent intersection of technology and gaming. He founded betandwin Interactive Entertainment AG, an early online betting company, in 1997. This venture provided him with crucial, ground-level insight into the logistics, risk management, and high financial value of sports betting data—an insight he would leverage to found Sportradar, a company dedicated to providing the reliable data backbone for the entire global sports ecosystem.
Carsten Koerl founded Sportradar in 2001 with a strategic vision: to become the indispensable data provider for the global sports betting and media industries. His business model focused on developing sophisticated technology to collect, process, and analyze massive volumes of real-time sports data (scores, statistics, odds, and integrity services).
Under Koerl's leadership, Sportradar grew to become a global monopoly-like power, securing official partnerships with major sports leagues worldwide, including the NBA, MLB, and FIFA. His company is now a crucial component of the global iGaming (online betting) sector. The successful IPO of Sportradar on the NASDAQ in 2021 secured Koerl's multi-billion dollar fortune. Beyond providing data, Koerl is deeply committed to sports integrity, offering anti-corruption and match-fixing monitoring services (the Sportradar Integrity Services), cementing his reputation as a leader who links high-stakes data with ethical governance.
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Founds the online betting company betandwin Interactive Entertainment AG (Early Venture).
Founds Sportradar (Founding).
Sportradar secures official partnerships with global leagues, including the NBA and FIFA (Market Domination).
Sportradar executes its successful IPO on the NASDAQ (Financial Milestone).
Continues as Founder and CEO, leading the company's integrity and data solutions divisions (Executive Leadership).
Carsten Koerl's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded technology giant, Sportradar (NASDAQ: SRAD).
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Carsten Koerl's social impact is structural, stemming from Sportradar's role in defending the integrity of global sports. His company’s match-fixing monitoring services provide a vital social and ethical contribution to sports organizations worldwide. His career and philanthropic focus are often directed toward technology education and promoting ethical business models in the highly competitive and sometimes controversial betting industry.
His structural contribution is the creation of a massive, stable data technology employer that underpins the operations of media and betting giants globally.
Carsten Koerl maintains the professional, high-energy style of a global technology CEO. His attire is consistently tailored and high-quality, favoring business suits or smart casual wear. His aesthetic is one of confident, data-driven authority, reflecting his engineering background.
His luxury is the immense security and financial reward derived from his dominance in the specialized sports data market. His life is defined by his commitment to technical precision and the high-stakes, real-time nature of the global iGaming ecosystem.
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+0.04% | +$0.92M
-0.34% | -$5.48M
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