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Recently Funded|Amount: USD 100.0M|Industry: Spectator Sports

Underdog Fantasy Scores Big with $100M Series C Funding to Revolutionize American Sports Gaming

Underdog Fantasy

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201-500 employees employees (Est.)
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Underdog Fantasy, renowned as the fastest-growing sports gaming company ever, is thrilled to announce a major milestone in our journey with a fresh funding round that raised $100,000,000. Since our founding in 2020, we have been on a mission to build innovative games and products specifically for American sports fans, and this significant capital infusion marks a pivotal moment in our growth. Our commitment to revolutionizing fantasy sports is evident from our groundbreaking achievements—developing three of today’s most widely played fantasy games and launching the largest contest in fantasy sports history, a $15M NFL Best Ball tournament. With our modern tech environment and in-house product development, we consistently deliver immersive, high-quality experiences that capture the passion and excitement of sports. This latest funding will empower us to further enhance our technology platform, invest in cutting-edge product innovations, and expand our team of industry experts. We aim to reach an even broader audience by developing new game formats that integrate real-time sports analytics and interactive fan engagement features. Moreover, this capital will facilitate strategic partnerships and marketing initiatives designed to amplify our presence in the competitive fantasy sports landscape, ensuring we remain at the forefront of the industry. As Underdog Fantasy continues to push the boundaries of what’s possible in sports gaming, our team is more motivated than ever to create unforgettable experiences for fans across the nation. Together with our investors, users, and partners, we are excited to embark on this next chapter of growth and innovation, setting new benchmarks for excellence in the world of fantasy sports.
March 31, 2025

Buying Signals & Intent

Our AI suggests Underdog Fantasy may be interested in solutions related to:

  • Cybersecurity Solutions
  • DDoS Protection
  • Web Traffic Management
  • Cloud Services
  • User Authentication

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