FanDuel

company

About

FanDuel offers fantasy sports with daily games for real money.

  • 1001 - 5000

Details

Last Funding Type
Series E
Last Funding Money Raised
$275M
Industries
Fantasy Sports,Gaming,Sports
Founded date
Jan 1, 2007
Number Of Employee
1001 - 5000
Operating Status
Active

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$345M
FanDuel has raised a total of $345M in funding over 2 rounds. Their latest funding was raised on Jul 13, 2015 from a Series E round.
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

Investors

Number of Lead Investors
Number of Investors
1
2
FanDuel is funded by 2 investors. Kohlberg Kravis Roberts and Tusk Venture Partners are the most recent investors.
Investor Name Lead Investor Funding Round
Kohlberg Kravis Roberts Yes Series E
Tusk Venture Partners Series E