Tech Company Financing Transactions
Draft Funding Round
On 3/20/2015, Draft received $3.5 million in Series A funding from Upfront Ventures, Advancit Capital and private investors.
Transaction Overview
Company Name
Announced On
3/20/2015
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Series A
Investors
Proceeds Purpose
With the new capital, the founders hope to grow the team from four to nine in the coming months, mostly looking to hire iOS developers and engineers.
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
40 W 28th St. 2nd Floor
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
The best new fantasy app of 2015. DRAFT is the easiest, most fun way to do fantasy drafts. Do a draft in just minutes versus your friends, or get matched with an opponent in seconds. You can play for pride or profit by winning REAL MONEY Drafts! Now with Football, Basketball, Hockey, Baseball & more!
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeremy Levine
Co-Founder
Nicolo Giorgi
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records on this site come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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