FanDuel offers fantasy sports with daily games for real money.
FanDuel, launched in July 2009, is the undisputed leader in the one-week fantasy sports industry. Offering fantasy sports for NFL, MLB, NBA and NHL FanDuel targets the 30+ million adult fantasy sports players in North America. Players draft fantasy sports teams at any time of the season in head-to-head or multi-player contests, paying an entry fee for each contest and vie for cash prizes. In 2013 the company awarded over $150m in prizes and is on course to award over $400m in 2014.The company currently has over 100 employees and is headquartered in New York.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jul 13, 2015 | Series E | $275M | 2 | Kohlberg Kravis Roberts | — | Detail |
Sep 2, 2014 | Series D | $70M | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Kohlberg Kravis Roberts | Yes | Series E |
Tusk Venture Partners | — | Series E |