FanDuel

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General Info
  • Corporate name: FanDuel
  • Founded: 11/2007
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Short Description:

FanDuel, launched in July 2009, is now the leading daily fantasy sports game for NFL, MLB, NBA and NHL, targeting the 30+ million adult fantasy sports players in North America.

Long Description:

FanDuel, launched in July 2009, is now the leading daily fantasy sports game for NFL, MLB, NBA and NHL, targeting the 30+ million adult fantasy sports players in North America.
Traditional fantasy sports games require players to draft a team at the start of the season and then manage it all the way through the season. In our research we identified that consumers wanted a game that gave much more instant gratification. This led us to devise a game that would allow players to draft, play and win within a single day. Users pay entry fees to compete at a game of skill and the opportunity to win a cash prize. Entry fees start at $1 and go up to $535.

 
Location
  • Continent:
  • Area:
  • State: New York
  • Country: United States
  • City: New York
Industry
 
Fundings
Funding Total: $11,000,000
Round Date Amount Pre Amount Post Amount
Series C 01/30/2013 $11,000,000
Investors: Bullpen Capital, Comcast Interactive Capital, Pentech Ventures, Piton Capital Funding: FanDuel Raises $11 Million of Series C Funding
 
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Additional Investor

 

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