Underdog Fantasy

About

Underdog Fantasy is platform designed for drafting football lineups for fantasy leagues.

Brooklyn,New York,United States
51 - 100
https://underdogfantasy.com/

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $35M
Industries: Fantasy Sports,Gaming
Founded date: Mar 1, 2020
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: Underdog Sports, Inc.
Also Known As: Underdog,Underdog Fantasy

Underdog Fantasy is a developer of sports games designed around drafting football lineups.

The company's game offers a fantasy football application for drafting football lineups, providing users with a way of competing and earning rewards.

Underdog Fantasy was established on March 1, 2020 by Brandon Stakenborg in Brooklyn, New York.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$45M

Underdog Fantasy has raised a total of $45M in funding over 2 rounds. Their latest funding was raised on Jul 26, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jul 26, 2022	Series B	$35M	3	Acies Investments BlackRock	—	Detail
May 3, 2021	Series A	$10M	27	Kevin Carter	—	Detail
Oct 14, 2020	Seed	—	2	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

31

Underdog Fantasy is funded by 31 investors. Acies Investments and BlackRock are the most recent investors.

Investor Name	Lead Investor	Funding Round
Acies Investments	Yes	Series B
BlackRock	Yes	Series B
Kevin Carter	Yes	Series A
Electric Feel Ventures	—	Series B
AAFM	—	Series A
Austin Rief Ventures	—	Series A
Breon Corcoran	—	Series A
DJ Kygo	—	Series A
Eilers & Krejcik Gaming	—	Series A
HBSE Ventures	—	Series A