Round Type
Series B
New YorkSportsDescription
Underdog, the fastest growing paid fantasy sports company ever, today announced a Series B round of fundraising. The round, which includes funds and accounts managed by BlackRock (BlackRock) as well as Acies Investment, totals $35M and values the company at $485M. Over the next year, Underdog plans to build innovative licensed sports betting products, hire over one hundred new employees, and continue to lead the industry in daily fantasy innovation.
Quick answer
Underdog raised an undisclosed amount in a Series B round, dated July 26, 2022. Underdog is based in New York, New York, United States.
- How much did Underdog raise?
- Underdog raised an undisclosed amount in a Series B round on July 26, 2022.
- What does Underdog do?
- Underdog is the fastest-growing private sports company in the U.S., founded in 2020.
- Where is Underdog based and how big is it?
- Underdog is based in New York, New York, United States. Fundz records about 700 employees.
- Who are the decision-makers at Underdog?
- Fundz holds 2 contacts at Underdog, including the Staff Talent Acquisition Partner. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Sports around the same time
Companies in the same sectors as Underdog that raised within 45 days of this round, from Fundz verified event records.
- Verily raised $1B on September 9, 2022.
- USA NINJA CHALLENGE FRANCHISING raised $100K (Pre-Seed) on September 7, 2022.
- LiveScore Group raised $65M (Corporate Round) on September 7, 2022.
- Draftea raised an undisclosed amount (Funding Round) on September 1, 2022.
- Game Theory Group International raised $1.9M (Seed) on August 31, 2022.
- Valera Health raised $45M on August 30, 2022.
Who to call at Underdog, and when
A new round usually means Underdog is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Underdog raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Underdog, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Underdog. With Fundz connected, it knows.
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Fundz sees it the moment Underdog raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Funding Insights
What this usually meansUnderdog raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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