FanDuel Secures $275,000,000 Series E Funding

  • Feed Type
  • Date
    7/14/2015
  • Company Name
    FanDuel
  • Mailing Address
    19 Union Square West 9th Floor New York, NY 10003 USA
  • 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
    $275,000,000
  • Transaction Round
    Series E
  • Proceeds Purposes
    The financing will be used to increase customer acquisition efforts across the U.S., accelerate the introduction of new products, features and growth initiatives to serve the company’s mission to create the ultimate fan experience, and to build out its industry-leading management team.
  • M&A Terms
  • Venture Investor
    Kohlberg Kravis Roberts
  • Venture Investor
    Google Capital
  • Venture Investor
    Time Warner Investments
  • Venture Investor
    Turner Broadcasting
  • Venture Investor
    Shamrock Capital Advisors
  • Venture Investor
    Bullpen Capital
  • Venture Investor
    Comcast Ventures
  • Venture Investor
    Pentech Ventures
  • Venture Investor
    Piton Capital

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