Underdog Fantasy’s $70M Funding Pushes Valuation to $1.23B, Aiming for Continued Growth

Underdog Fantasy, a rapidly growing sports gaming company based in Brooklyn, New York, has announced a successful Series C funding round, raising $70 million in the initial close. This investment brings the company’s valuation to $1.23 billion, a significant increase from its Series B valuation of $485 million in 2022. The funding round, which could total more than $100 million, is […]

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Mar 27, 2025 - 09:50
Underdog Fantasy’s $70M Funding Pushes Valuation to $1.23B, Aiming for Continued Growth

Underdog Fantasy, a rapidly growing sports gaming company based in Brooklyn, New York, has announced a successful Series C funding round, raising $70 million in the initial close. This investment brings the company’s valuation to $1.23 billion, a significant increase from its Series B valuation of $485 million in 2022. The funding round, which could total more than $100 million, is […]