DraftDay
DraftDay, Inc. is a daily fantasy sports platform based in Chicago, Illinois, that provides users with the opportunity to engage in real money games across various sports, including football, baseball, basketball, and hockey. Established in 2011, DraftDay allows participants to draft players daily to form their fantasy teams, competing for cash prizes. Players can enter multiple games in a single day, with buy-ins ranging from free to $500, and can choose to play in head-to-head or multiplayer formats. The platform operates in compliance with U.S. and Canadian regulations, exempt from the 2006 UIGEA, and follows the same rules as traditional season-long fantasy leagues. DraftDay’s team draws on prior experience from successful ventures in online education and software development.
Top Stages
2 past transactions
Rant
Acquisition in 2016
Rant, Inc. is an innovative online media company founded in 2010 by Brett Rosin and Grant Brown in Winfield, Illinois. Initially established with RantSports, a comprehensive hub for sports team blogs, the company has since expanded its portfolio to include RantLifestyle and RantChic, targeting lifestyle, fitness, entertainment, and celebrity topics. The company transitioned its headquarters through several locations, culminating in an office in Irvine, California, where it operates with a team of 24 full-time employees and a diverse writing staff. Rant, Inc. focuses on publishing original digital content across various subjects, allowing users to engage and share their thoughts and experiences. This strategic expansion reflects the company’s commitment to enhancing media consumption and broadening its audience reach.
Sports Tradex
Acquisition in 2015
Sports Tradex is a company that operates an online platform focused on fantasy sports and skill-based competitions. Its mission is to engage users in entertaining contests where they can make predictions about real-world events and fantasy sports without any financial risk. Sports Tradex offers 100% free competitions, enabling participants to win prizes while gaining insights into the probabilities of various events occurring. The platform also serves as a training ground for users aspiring to enter advanced fantasy competitions. What sets Sports Tradex apart is its fully player-based competitions, allowing contestants to showcase their skills without the interference of a site-specific athlete valuation algorithm, a common feature among competitors. As a proud member of the Fantasy Sports Trade Association, Sports Tradex aims to redefine the landscape of fantasy sports competitions.
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