Pre-IPO Profile: DraftKings

Company: DraftKings

Founded: 2012

Total Funding to Date: $375 mm

Investors:

  • FOX Sports
  • Major League Baseball
  • The National Hockey League
  • Major League Soccer
  • The Madison Square Garden Company
  • Legens
  • Atlas Ventures
  • DST Global
  • GGV Capital The Kraft Group
  • The Raine Group
  • Wellington Management Company

Key People:

  • Jason Robins, CEO & Co-Founder
  • Matthew Kalish, Co-Founder
  • Paul Liberman, COO & Co-Founder
  • Tim Dent, CFO
  • Jason Macinnes, CTO

Description: DraftKings is a leading skill-based Daily Fantasy Sports (DFS) gaming destination for fans in North America to compete in single-day online games for cash and prizes across the largest variety of professional and collegiate sports.  They are a leading provider of Fantasy Football and the exclusive DFS partner of Major League Baseball (MLB), the National Hockey League (NHL), NASCAR, Ultimate Fighting Championship (UFC) and Major League Soccer (MLS).  DraftKings also includes DFS games for the NBA, PGA, Premier League Soccer, MMA, NCAAF, and NCAAM. In July 2015, DraftKings entered into a three-year advertising deal with ESPN valued at $250 million. This deal includes exclusivity for advertising within the daily fantasy sports market on ESPN networks beginning in January 2016.

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