Tech Company Financing Transactions
DraftKings Funding Round
DraftKings closed a $600 million funding round on 8/17/2026. Investors included private investors.
Transaction Overview
Company Name
Announced On
8/17/2026
Transaction Type
Debt
Amount
$600,000,000
Round
Undisclosed
Investors
Proceeds Purpose
DraftKings intends to utilize the net proceeds of the Term Loan B for repurchases of a portion of its existing Convertible Notes due 2028 (subject to availability and market conditions) and other general corporate purposes.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
47 Winter St. 3rd Floor
Boston, MA 02110
USA
Boston, MA 02110
USA
Phone
Website
Email Address
Overview
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Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jason Robins
VP - Bus. Development
Marco Steinsieck
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