About Action Network
Action Network is a Media & Entertainment company based in Los Angeles (United States) founded in 2017, and was acquired by Better Collective in May 2021. Online media portal providing sports betting news. Action Network has raised $17.5 million across 1 funding round from investors including Better Collective, Dignitas and Fertitta Capital. The company has 125 employees. Its website actionnetwork.com draws about 4.2 million monthly visits. Its focus areas include Consumer, Sports Tech, Sports Betting and Betting News. Its competitors include Vegas Insider, Gaming Society and Lineups; 1 of its 3 listed competitors has raised funding.
Company details
Action Network was founded in 2017 in Los Angeles, United States, as an online media portal in the sports betting sector. News and analysis for various sports, including NFL, MLB, golf, and soccer, are provided. Operations include a mobile app available on Android and iOS platforms, serving users with betting-related content and updates.
- Headquarters Los Angeles, United States
- Employees 125
- Stage Acquired
- SectorsMedia & Entertainment
- Email••••••••
- Website actionnetwork.com
- Social LinkedIn X
- Acquired by Better Collective (May 2021)
- Total Equity Funding$17.5M (USD)
in 1 rounds
- Latest Funding Round$17.5M (USD), Series B
Feb 2019
- InvestorsBetter Collective
& 5 more
- Employee Count125
- Acquired byBetter Collective
(May 2021)
Funding Insights of Action Network
Action Network has successfully raised a total of $17.5M through 1 strategic funding round. The most recent funding activity was a Series B round of $17.5 million completed in February 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $17.5M
- Total Rounds 1
- Last Round Series B — $17.5M
- First Round $17.5M
(Feb 2019)
- Investors Count 5
All 1 funding rounds of Action Network with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2019 | $17.5M | Series B | – | Fertitta Capital |
6 investors in total: 5 institutional and 1 angel.
Investors in Action Network
Action Network has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Better Collective, Dignitas and Fertitta Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on making growth equity investments in multiple sectors | fertittacapital.com | Los Angeles, United States | ||
Venture capital investments in gaming, Web3, and AI technologies. | bitkraft.vc | |||
Tech & offline focused Startup Studio building startups and investing in the US | rseventures.com | New York, United States | ||
Dignitas is recognized as an international esports organization. | 2003 | dignitas.gg | Newark, United States | |
Provider of a betting platform for multiple sports | 2004 | bettercollective.com | Copenhagen, Denmark | |
DB David Blitzer | Global Head of Tactical Opportunities at Blackstone, active angel investor in sports | unknown_b1cf196afb274c3db |
Investor details for Action Network
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Action Network
316 people are tracked at Action Network (93 in leadership, 7 in board & advisors, 216 in team); the tracked headcount is 125.
| Name | Role | Group |
|---|---|---|
Leonardo Ribeiro de Souza | Head Of Finance - Latam | Leadership |
Craig Harman | Director Of Product And Operations - Paid Media | Leadership |
Jesper Søgaard | CEO & Co-Founder | Leadership |
Ivan Stamenković | Head Of Esports SEO | Leadership |
Aleksandra Jelic | Partner Operations Manager | Leadership |
Henrik Dam Honoré | Head Of UX | Leadership |
Mikko McDonald | Director - Organic Growth, Casino | Leadership |
Tomás Vaz de Carvalho | Global Senior Director Of Product - Sports Media | Leadership |
Daniel Back | Senior Vice President Rotogrinders.com & Scoresandodds.com - Better Collective | Leadership |
Johan Balthasar | Head Of Research & Insights - Paid Media | Leadership |
Alex Turner | Senior Partnerships Director - Canada | Leadership |
Nikolina Šakota | Head Of Partner Operations | Leadership |
Karl Pugh | Chief Commercial Officer, BCUS | Leadership |
Rasmus Christensen | Head Of Display Media | Leadership |
Milena Manović | Head Of Compliance Operations | Leadership |
Rikke Refsgaard Larsen | Head Of People Business Partnering | Leadership |
Simone Stephens | Head Of Performance & Culture And Strategic HR Business Partner | Leadership |
Flemming Pedersen | CFO | Leadership |
Toms Jurjaks | Senior Head Of Delivery | Leadership |
Michał Warycha | Head Of Engineering Monetisation League | Leadership |
296 more people are available in the full profile.
Complete people profiles for Action Network
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Action Network
3 dated milestones of Action Network across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Action Network is founded.
- Funding First funding round of $17.5M.
- Exit Acquired by Better Collective.
Competitors of Action Network
Action Network has 3 listed competitors in our database, 1 of them funded. They include Vegas Insider, Gaming Society and Lineups.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vegasinsider.com | 1997 | Fort Lauderdale, United States | 73 | Provider of online sports betting news and information | ||
| thegamingsociety.com | 2020 | Santa Monica, United States | $7M | Provider of an online betting news platform for multiple sports | ||
| lineups.com | 2017 | Irvine, United States | Online platform offering sports news |
Detailed competitors of Action Network
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Action Network
The website of Action Network (actionnetwork.com) receives about 4.2M visits a month.
- Monthly visits4.2M
▼ 10.1% vs previous month
Websites whose visitors overlap most with Action Network. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bettingpros.com | 100% | #29,675 | View details | ||
| rotowire.com | 98% | 11.9M | #5,920 | View details | |
| vsin.com | 93% | 1.3M | #36,341 | View details | |
| statmuse.com | 82% | 7.7M | #6,765 | View details | |
| rotogrinders.com | 77% | 723.9K | #78,857 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Action Network
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Sports Technology Platforms
3 companies that operate in the same segment as Action Network (Sports Technology Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Subscription-based platform for streaming soccer content is offered. | 2015 | New York, New York, United States | USD 154.63 M | USD 1.62 B | 590 | |
Developer of a fantasy platform for multiple sports | 2009 | New York, New York, United States | USD 416.2 M | 4,115 | ||
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 180 M | 999 |
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Related news about Action Network
Complete news archive for Action Network
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Action Network
Action Network was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Action Network is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Action Network is a funded company, having raised a total of $17.5M across 1 funding round to date. The company's 1st funding round was a Series B of $17.5M, raised on Feb 2019.
Action Network has 125 employees.
Action Network was founded in 2017 in Los Angeles, United States, as an online media portal in the sports betting sector. News and analysis for various sports, including NFL, MLB, golf, and soccer, are provided. Operations include a mobile app available on Android and iOS platforms, serving users with betting-related content and updates.
Action Network's top competitors include Vegas Insider, Gaming Society and Lineups.
Action Network has 6 investors. Key investors include Better Collective, Dignitas, Fertitta Capital, BITKRAFT, and RSE Ventures.
Yes. Action Network was acquired by Better Collective in May 2021.
The website of Action Network receives about 4.2 million visits a month.