About Boom Sports
Boom Sports is a Media & Entertainment company based in New York (United States) founded in 2015. Tech-enabled platform is offered for online gambling operators. It operates in the Media & Entertainment and Consumer sectors. Boom Sports has raised $23.16 million across 4 funding rounds from investors including defy vc, Zhen Fund and Founders Fund. Boom Sports has completed 1 acquisition, including Draftpot. Its website boomfantasy.com draws about 13 thousand monthly visits. Boom Sports offers products and services including Pick & Spin, Pick 'Em, and Coin Flip. Its focus areas include Sports Tech, Fantasy Sports, Online Platforms and Multi Sports. Its legal entity is BOOM FANTASY LTD. Its competitors include DraftKings, FanDuel and Underdog Fantasy; 3 of its 3 listed competitors have raised funding.
Company details
Boom Sports was founded in 2015 in New York, United States, within the online gambling sector. A tech-enabled platform is provided to operators, including the development of NBC Sports Predictor as a prediction-based sports betting tool. Fantasy sports games and social casinos are created for users. Analytics solutions and customer retention services are also delivered to support operations.
- Headquarters New York, United States
- SectorsMedia & EntertainmentConsumer
- Website boomfantasy.com
- Social LinkedIn X Instagram
- Legal Name Boom Fantasy Ltd
Products & Services of Boom Sports
Boom Sports offers a comprehensive portfolio of products and services, including Pick & Spin, Pick 'Em, and Coin Flip.
Users select outcomes and spin for multipliers to win up to 500x entries.
Predict player stats over or under projections for real money payouts.
Simple game for predicting outcomes to earn rewards in fantasy sports context.
Funding Insights of Boom Sports
Boom Sports has successfully raised a total of $23.16M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $15.26 million completed in May 2021. 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 $23.16M
- Total Rounds 4
- Last Round Series B — $15.26M
- First Round $1.4M
(Jan 2016)
- Investors Count 5
All 4 funding rounds of Boom Sports with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
5 investors in total: 5 institutional.
Investors in Boom Sports
Boom Sports has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include defy vc, Zhen Fund and Founders Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital investments are made in US geographies. | defy.vc | Woodside, United States | ||
Tech & Offline focused Seed stage VC Firm investing primarily in Asia and the US | zhenfund.com | Beijing, China | ||
Venture capital investments in technology and defense sectors. | foundersfund.com | |||
Startups are accelerated by Stanford-backed program in Palo Alto. | startx.com | Palo Alto, United States | ||
Venture capital firm focused on late seed to series A stage software and internet technology companies | rubicon.vc | San Francisco, United States |
Investor details for Boom Sports
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Investments & Acquisitions by Boom Sports
Boom Sports has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Draftpot.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Daily fantasy sports and eSports contests are facilitated by Draftpot. | draftpot.com | New York, United States | 2014 | May 2017 | •••• |
Complete acquisition details for Boom Sports
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Boom Sports
4 dated milestones of Boom Sports across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Boom Sports is founded.
- Funding First funding round of $1.4M.
- Acquisition Acquires Draftpot.
- Funding Latest funding round, Series B, of $15.3M.
Competitors of Boom Sports
Boom Sports has 3 listed competitors in our database, 3 of them funded. They include DraftKings, FanDuel and Underdog Fantasy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| draftkings.com | 2012 | Boston, United States | $718.6M | 1,974 | Online fantasy sports platforms are provided for multiple sports. | |
| fanduel.com | 2009 | New York, United States | $416.2M | Developer of a fantasy platform for multiple sports | ||
| underdogfantasy.com | 2020 | Brooklyn, United States | $115M | 588 | Developer of an online fantasy sports platform |
Detailed competitors of Boom Sports
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Boom Sports
The website of Boom Sports (boomfantasy.com) receives about 12.9K visits a month.
- Monthly visits12.9K
▼ 30.6% vs previous month
Websites whose visitors overlap most with Boom Sports. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fantasylabs.com | 100% | 425.8K | #91,800 | View details |
Top companies in Sports Technology Platforms
3 companies that operate in the same segment as Boom Sports (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 Boom Sports
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Frequently Asked Questions about Boom Sports
Boom Sports was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Boom Sports is headquartered in New York, United States. It is registered at New York, New York, United States.
Boom Sports is a funded company, having raised a total of $23.16M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.4M, raised on Jan 2016.
Boom Sports was founded in 2015 in New York, United States, within the online gambling sector. A tech-enabled platform is provided to operators, including the development of NBC Sports Predictor as a prediction-based sports betting tool. Fantasy sports games and social casinos are created for users. Analytics solutions and customer retention services are also delivered to support operations.
Boom Sports's top competitors include FanDuel, DraftKings and Underdog Fantasy.
Boom Sports offers Pick & Spin, Pick 'Em, and Coin Flip.
Boom Sports has made 1 acquisition, including Draftpot.
Boom Sports has 5 investors. Key investors include defy vc, Zhen Fund, Founders Fund, StartX, and Rubicon Venture Capital.
Boom Sports operates through Boom Fantasy Ltd.