FanDuel Garners $11,000,000 Series C Financing Round

  • Feed Type
  • Date
    1/30/2013
  • Company Name
    FanDuel
  • Mailing Address
    41 E 11th St. 10th Floor New York, NY 10003
  • Company Description
    FanDuel.com lets you play and win at fantasy sports in a day instead of waiting the whole season. Players can draft a new team at any time, and pitch it head-to-head against a single opponent – or a league of opponents – for real money. The player whose team has the most fantasy points after the games have completed wins the cash prize.
  • Website
    http://www.fanduel.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $11,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    Raising this additional funding will allow us to continue to innovate our daily fantasy sports product and considerably expand our user base.
  • M&A Terms
  • Venture Investor
    Comcast Ventures
  • Venture Investor
    Piton Capital
  • Venture Investor
    Pentech Ventures
  • Venture Investor
    Bullpen Capital
  • Venture Investor
    Investor

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