Underdog Fantasy Raises $10 Million From Kevin Durant, Mark Cuban, Jared Goff and Others
Fantasy sports activities app Underdog Fantasy has raised $10 million from a gaggle of buyers that features Dallas Mavericks proprietor Mark Cuban, Brooklyn Nets star Kevin Durant, Detroit Lions quarterback Jared Goff, and ESPN’s Adam Schefter.
The spherical was led by angel investor Kevin Carter, who’s an advisor at SV Angel, and included investments from music stars equivalent to Future, Gunna, Nas, Kygo, The Chainsmokers, and Steve Aoki. Schefter and The Chainsmokers are amongst a number of particular friends slated to seem throughout Underdog Fantasy’s livestream on YouTube being hosted as we speak from midday till midnight; fantasy soccer evaluation will likely be shared all through the stream.
Underdog Fantasy was based by Jeremy Levine, who beforehand co-founded every day fantasy sports activities startup DRAFT that bought to Paddy Energy Betfair for $48 million in 2017. Underdog additionally introduced that its season-long NFL Greatest Ball fantasy event is now open for entry and can award $3.5 million in prizes.
Further buyers within the spherical included Dapper Labs CEO Roham Gharegozlou, Cleveland Cavaliers guard Matthew Dellavedova, and Harris Blitzer Sports activities & Leisure, which owns the New Jersey Devils and Philadelphia 76ers. Underdog has additionally obtained funding from notable figures within the sports activities gaming area equivalent to gaming analysis agency Eilers & Krejcik, Bleacher Report’s Adam Lefkoe, the Motion Community, FantasyLabs, RotoGrinders, and SimpleBet.
— to www.sporttechie.com