DraftKings
About
DraftKings provides online daily and weekly fantasy sports contests for cash prizes in major sports.
- Boston,Massachusetts,United States
- 1001 - 5000
- http://www.draftkings.com
Details
- Last Funding Type
- Series Unknown
- Last Funding Money Raised
- $74.62M
- Industries
- Fantasy Sports,Gaming,Online Games,Sports
- Founded date
- Jan 1, 2012
- Number Of Employee
- 1001 - 5000
- Operating Status
- Active
- Stock Symbol
- nasdaq:DKNG
- Legal Name
- DraftKings Inc.
DraftKings provides online daily and weekly fantasy sports contests for cash prizes in major sports in the United States and Canada. It offers daily leagues for fantasy football, baseball, basketball, hockey, golf, college football, and college basketball. The company's Sportsbook offers mobile and retail betting for major U.S. and international sports and operates in the United States pursuant to regulations in Colorado, Indiana, Iowa, Mississippi, New Hampshire, New Jersey, New York, Pennsylvania, and West Virginia. DraftKings was founded in 2012 and is based in Boston, Massachusetts.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Sep 2, 2020 | Post-IPO Equity | — | 1 |
Michael Jordan
|
— | Detail |
| Apr 24, 2020 | IPO | — | — | — | — | Detail |
| Dec 31, 2019 | Series Unknown | $74.62M | 2 | — | — | Detail |
| Nov 15, 2019 | Secondary Market | — | 2 | — | — | Detail |
| Aug 3, 2019 | Secondary Market | — | — | — | — | Detail |
Investments
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Oct 19, 2021
Vivid Seats
|
Post-IPO Equity | $225M | Events | — |
|
Apr 1, 2021
Meadowlark Media
|
Series A | $12.60M | Content | — |
|
Dec 17, 2018
Sea Machines Robotics
|
Series A | $10M | Artificial Intelligence | — |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Michael Jordan
|
Yes | Post-IPO Equity |
Manhattan Venture Partners
|
Yes | Series F |
Eldridge
|
Yes | Series E |
Revolution
|
Yes | Series E |
|
|
Yes | Series D |
10X Capital
|
— | Series Unknown |
Data Point Capital
|
— | Series Unknown |
ACME Capital
|
— | Secondary Market |
UIT Growth Equity
|
— | Secondary Market |
FirstMark
|
— | Series F |
Employee Profiles
Exits
DraftKings has had 1 exits. DraftKings most notable exits include Vivid Seats
| Date | Company Name | Exit Type | Industry | |
|---|---|---|---|---|
| Oct 19, 2021 | Vivid Seats | IPO | Events | Detail |
Acquisition
DraftKings has acquired 8 organizations. Their most recent acquisition was Draftstreet on Jul 15, 2014. They acquired Draftstreet for 0.
|
Date
Company Name
|
Industry | Acquisition Type | Price | |
|---|---|---|---|---|
|
Jul 15, 2014
Draftstreet
|
Fantasy Sports | acquisition | — | Detail |
|
Aug 25, 2014
StarStreet
|
Fantasy Sports | acquisition | — | Detail |
|
Feb 11, 2016
Kountermove
|
Gaming | acquisition | — | Detail |
|
Jun 1, 2018
Fam
|
Internet | acquisition | — | Detail |
|
Dec 23, 2019
SBTech
|
Sports | acquisition | — | Detail |
