Underdog Raises Series B Funding With $485M Valuation
07/26/22, 1:09 PM
Location
brooklyn
Round Type
series b
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.