Tech Company Financing Transactions

Underdog Funding Round

Acies Investments, BlackRock and private investors participated in a $35 million Series B venture round for Underdog. The funding round closed on 7/26/2022.

Transaction Overview

Company Name
Announced On
7/26/2022
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds to build innovative licensed sports betting products, and hire over one hundred new employees over the next year.

Company Information

Company Status
Private & Independent
Industry
Blockchain
Mailing Address
33 Bond St Penthouse 04
Brooklyn, NY 11201
USA
Phone
Undisclosed
Email Address
Overview
Underdog Fantasy is one of the fastest-growing sports companies on the market. Founded by a team of industry veterans, Underdog is bringing fun, approachable contests and games to the masses. We're looking to innovate an already exciting space and provide the best possible experience to our enthusiastic users.
Profile
Underdog LinkedIn Company Profile
Social Media
Underdog Company Twitter Account
Company News
Underdog News
Facebook
Underdog on Facebook
YouTube
Underdog on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Brandon Stakenborg
  Brandon Stakenborg LinkedIn Profile  Brandon Stakenborg Twitter Account  Brandon Stakenborg News  Brandon Stakenborg on Facebook
Chief Financial Officer
Dustin Cooper
  Dustin Cooper LinkedIn Profile  Dustin Cooper Twitter Account  Dustin Cooper News  Dustin Cooper on Facebook
Chief Technical Officer
Trevor John
  Trevor John LinkedIn Profile  Trevor John Twitter Account  Trevor John News  Trevor John on Facebook
Co-Founder
Jeremy Levine
  Jeremy Levine LinkedIn Profile  Jeremy Levine Twitter Account  Jeremy Levine News  Jeremy Levine on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/26/2022: Carmot Therapeutics venture capital transaction
Next: 7/26/2022: SpiderVille venture capital transaction

 

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Where The Data Comes From

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

 


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