Tech Company Financing Transactions

DraftKings Funding Round

On 3/10/2017, DraftKings secured $100 million in Series E funding from Eldridge Industries and private investors.

Transaction Overview

Company Name
Announced On
3/10/2017
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Series E
Investors

Eldridge Industries (Lead Investor) (Todd Boehly)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
47 Winter St. 3rd Floor
Boston, MA 02110
USA
Email Address
Overview
The best place to play daily fantasy sports for cash prizes. Make your first deposit and we will double your cash!
Profile
DraftKings LinkedIn Company Profile
Social Media
DraftKings Company Twitter Account
Company News
DraftKings News
Facebook
DraftKings on Facebook
YouTube
DraftKings on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jason Robins
  Jason Robins LinkedIn Profile  Jason Robins Twitter Account  Jason Robins News  Jason Robins on Facebook
VP - Bus. Development
Marco Steinsieck
  Marco Steinsieck LinkedIn Profile  Marco Steinsieck Twitter Account  Marco Steinsieck News  Marco Steinsieck on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/10/2017: RealConnex venture capital transaction
Next: 3/10/2017: Farmhouse Culture venture capital transaction

 

Share this article

 


About Our Venture Capital Transactions Database

We do our best to document every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary