About AlphaDraft
AlphaDraft is a company based in Los Angeles (United States) founded in 2014 was acquired by FanDuel in September 2015.. AlphaDraft has raised $5 million across 2 funding rounds from investors including FanDuel, Max Ventures and Greycroft. AlphaDraft operates in a competitive market with competitors including FanClash, E-GO APP, Balto, DraftBuff and World Champion Fantasy, among others.
- Headquarter Los Angeles, United States
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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Funding Insights of AlphaDraft
AlphaDraft has successfully raised a total of $5M across 2 strategic funding rounds. 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 Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(19 May 2015)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2015 | Amount | Seed - AlphaDraft | Valuation |
investors |
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| May, 2015 | Amount | Seed - AlphaDraft | Valuation | Compound |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in AlphaDraft
AlphaDraft has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include FanDuel, Max Ventures and Greycroft. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments in US sectors are made by Max Ventures.
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Founded Year | Domain | Location | |
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Multiple sectors are targeted for venture capital investments by Greycroft.
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Founded Year | Domain | Location | |
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Early-stage investments are made in US technology startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AlphaDraft
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AlphaDraft
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Alphadraft Comparisons
Competitors of AlphaDraft
AlphaDraft operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FanClash, E-GO APP, Balto, DraftBuff and World Champion Fantasy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Fantasy leagues and daily tournaments for esports games are offered.
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| domain | founded_year | HQ Location |
Esports teams and tournaments are tracked through an app-based platform.
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| domain | founded_year | HQ Location |
An online sports fantasy platform is provided by Balto.
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| domain | founded_year | HQ Location |
Operates an online platform for esports fantasy games.
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| domain | founded_year | HQ Location |
E-sports platform is provided for live and on-demand streaming.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about AlphaDraft
When was AlphaDraft founded?
AlphaDraft was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is AlphaDraft located?
AlphaDraft is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is AlphaDraft a funded company?
AlphaDraft is a funded company, having raised a total of $5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5M, raised on May 19, 2015.
What does AlphaDraft do?
AlphaDraft, founded in 2014 in Los Angeles, United States, functions as an online fantasy eSports platform. Daily and weekly contests are conducted, where teams are drafted without season-long obligations. Users compete against friends and others in free or paid entries, bypassing the need for custom leagues. Registration requires no purchase, and an iOS app facilitates participation.
Who are the top competitors of AlphaDraft?
AlphaDraft's top competitors include FanClash, World Champion Fantasy and Balto.
Who are AlphaDraft's investors?
AlphaDraft has 12 investors. Key investors include FanDuel, Max Ventures, Greycroft, Basset Investment Group, and KEC Ventures.
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