DraftKings

DraftKings Inc. is a digital sports entertainment and gaming company based in Boston, Massachusetts. It offers users opportunities for daily sports contests, sports betting, and iGaming across the United States and Canada. Since its inception in 2012, DraftKings has grown from an innovator in daily fantasy sports to a major player in online sports wagering and casino gaming, especially following a Supreme Court ruling in 2018 that allowed states to legalize such activities. The company operates in 27 states for online or retail sports betting and in seven states for iGaming, reaching approximately 40% of Canada's population. DraftKings also develops software for sports betting and casino gaming, distributing its products through websites, app downloads, and direct-to-consumer platforms. Additionally, it features a marketplace for non-fungible tokens and licenses online gaming products.

Alan Ellingson

CFO, Finance

Jason Robins

CEO and Co-Founder

Geoff Scott

Senior Vice President, Product

15 past transactions

SimpleBet

Acquisition in 2024
SimpleBet, Inc. is a technology company based in New York that specializes in developing software solutions for in-game betting applications. Founded in 2018, it has created a suite of innovative micro-betting products designed for real money and free-to-play experiences across major sports leagues, including the NFL, NBA, MLB, and college football and basketball. SimpleBet's proprietary automated operations platform allows sports betting operators, media companies, and technology firms to enhance live sports experiences by providing real-time, engaging betting opportunities. Utilizing machine learning and low-latency technology, the company supports over ten million micro-betting moments each year, enabling sports fans to interact with a wide range of predictions during live events.

Jackpocket

Acquisition in 2024
Jackpocket, Inc. is a mobile application developer based in New York, established in 2013, that offers a convenient and responsible way for users to participate in state lotteries. The licensed third-party lottery courier app allows users to purchase official lottery tickets, check results, and join lottery pools to enhance their odds of winning. Additionally, users can set up alerts for winnings and enable autoplay for a more streamlined experience. Since its inception, Jackpocket has facilitated over $450 million in lottery prizes, including a significant $9.4 million win in New Jersey, marking a milestone in mobile gaming. The app is available in multiple states and territories, including New York, Texas, and Colorado, with plans to expand further.

Picklebet

Series A in 2023
Picklebet is a social daily fantasy sports app that focuses on e-sports wagering. It provides an engaging platform where users can participate in peer-to-peer social betting, allowing them to create custom wagers and compete in skill-based challenges with friends. The app facilitates pool betting and head-to-head competitions, enabling users to share their bets and transfer winnings easily through their mobile devices. By catering to the growing interest in e-sports, Picklebet aims to enhance the experience for fans and participants alike.

Vivid Seats

Post in 2021
Vivid Seats is an online ticket marketplace that facilitates connections between fans and event ticket sellers, enabling the purchase and sale of tickets for a variety of live events, including sports, concerts, theater, and comedy. Founded in 2001 and headquartered in Chicago, Illinois, the company serves as the official ticketing partner for numerous brands in the entertainment industry and operates in the United States, Canada, and Japan. Vivid Seats comprises two primary segments: marketplace and resale, allowing users to access a wide range of ticket options. Notable partnerships include collaborations with ESPN and The Rolling Stones.

Golden Nugget Online Gaming

Acquisition in 2021
Golden Nugget Online Gaming is an online gaming company that is considered a market leader by its peers and was first to bring Live Dealer and Live Casino Floor to the United States online gaming market. The NJ online casino offers progressive online slots, online blackjack, roulette, live dealer casino, video poker, keno and an online Sportsbook.

BlueRibbon

Acquisition in 2021
BlueRibbon is a marketing platform tailored for iGaming operators, focusing on enhancing user loyalty and engagement through customizable solutions. The platform enables the creation and management of bespoke jackpots, combining effective marketing tools with advanced data insights. This allows operators to quickly generate jackpots and utilize user-friendly dashboards for monitoring and analysis. By offering tailored jackpot solutions, BlueRibbon empowers iGaming businesses to optimize their offerings according to specific market segments and user preferences.

Meadowlark

Series A in 2021
Meadowlark Media is a content company focused on sports.
Vegas Stats & Information Network is an American sports betting radio network and streaming television channel. Founded in 2017 by the family of sportscaster Brent Musburger, it broadcasts from studios at the South Point Casino and Circa Sportsbook in Las Vegas, Nevada.

SBTech

Acquisition in 2019
SBTech provide award-winning sports betting solutions and a full range of management services to over 50 partners worldwide.Defined by technical excellence and informed by deep market knowledge, their innovative solutions deliver competitive edge and rapid growth for all their clients.

Million Studio

Seed Round in 2019
We empower athletes to manage, market, and monetize their content and data, through marketing automation technology.

Sea Machines Robotics

Series A in 2018
Sea Machines Robotics, Inc. is an autonomous technology company based in Boston, Massachusetts, specializing in the development and manufacturing of autonomous control and navigation systems for the commercial marine and boating industries. Founded in 2014, the company creates advanced control systems designed to improve operational safety and efficiency for various marine applications. Its product lineup includes the SM300, which allows for remote command of vessels; the SM200, facilitating integrated control for collaborative operations; and the SM400, an AI-powered situational awareness system tailored for container ships. Additionally, the company offers the RC NXT, a remote command system for existing and new marine vessels, and the DP-NXT, which enables traditional vessels to operate with minimal or no crew onboard. Sea Machines Robotics also provides solutions for unmanned applications, including bathymetric survey vessels and subsea asset inspections, focusing on sectors such as shipping, offshore energy, and maritime logistics.

Fam

Acquisition in 2018
Fam's mission is to build products that revolutionize the way teens and millennials communicate. They believe in a calculated combination of live group video and group chat messaging to execute this. It is the world’s first group video chat app for iMessage, with over 7 million users. Their app instantly connects with the family and friends closest to its user through group video calling, right from their iPhone, and Android text message app.

Kountermove

Acquisition in 2016
Kountermove is an online platform for fantasy games that covers UFC, Bellator MMA, World Series of Fighting, Invicta FC, Boxing, WWE Professional Wrestling, GLORY Kickboxing, and Metamoris Pro Jiu-Jitsu. The platform counts many names in mixed martial arts as partners, including Tommy Toe Hold, Sherdog, Bloody Elbow, Fight Network, MMA OddsBreaker, and Renato Laranja. Kountermove is the Fantasy Sports Trade Association Rookie of the Year Product 2015 and FSTA Elevator Pitch runner-up 2014. The platform’s fans have the ability to win cash prizes by picking teams of MMA fighters in salary cap-style fantasy games. Beyond that, it also provides an entertainment platform for in-depth interaction between fighters and fans. Kountermove was launched in 2010 by [Aaron Ard](https://www.crunchbase.com/person/aaron-ard#/entity) and [Brian Knapp](https://www.crunchbase.com/person/brian-knapp#/entity), Brazilian Jiu-Jitsu black belts and IBJJF competitors. Its president, Christie Sullivan, is an internationally ranked IBJJF Jiu-Jitsu competitor and award-winning women’s instructor based out of San Francisco.

StarStreet

Acquisition in 2014
StarStreet is a platform that offers users the opportunity to engage in fantasy sports for monetary rewards. It features a stock-market style system where participants can buy and sell shares in players, allowing them to cash out at the end of the season. The platform operates in both the United States and Canada, providing contest opportunities across major sports leagues, including Major League Baseball, the National Football League, and Canadian Football. Additionally, StarStreet's platform is accessible on mobile devices, enhancing user engagement and accessibility.

Draftstreet

Acquisition in 2014
Draftstreet.com is a destination where fantasy sports players can participate against anyone in the U.S., getting instant gratification on the various leagues they join by playing for cash. No longer do fantasy sports users have to play only against their friends and co-workers in private leagues, or go out and collect money if they had won a particular league. No longer does an injury to a first round pick ruin the whole fantasy season.Draftstreet.com has solved all of these and other shortcomings with this revolutionary product
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