About Boom Sports
Boom Sports is a company based in New York (United States) founded in 2015. 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. Boom Sports offers products and services including Pick & Spin, Pick 'Em, and Coin Flip. Boom Sports operates in a competitive market with competitors including DraftKings, FanDuel, Dream Sports, MPL and Underdog Fantasy, among others.
- Headquarter New York, United States
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Media & EntertainmentConsumer
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- Legal Name Boom Fantasy Ltd
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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.
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.
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Early-stage venture capital investments are made in US geographies.
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Tech & Offline focused Seed stage VC Firm investing primarily in Asia and the US
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Venture capital investments in technology and defense sectors.
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Investor details for Boom Sports
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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.
Investment portfolio details for Boom Sports
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Daily fantasy sports and eSports contests are facilitated by Draftpot.
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Complete acquisition details for Boom Sports
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Financial Statements - Boom Sports
Detailed financials for Boom Sports
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Boom Sports Comparisons
Peer comparison for Boom Sports
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Competitors of Boom Sports
Boom Sports 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 DraftKings, FanDuel, Dream Sports, MPL and Underdog Fantasy, among others.
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Online fantasy sports platforms are provided for multiple sports.
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Developer of a fantasy platform for multiple sports
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Operator of a multifaceted platform for sports content and experiences
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Real money skill-based gaming is facilitated through an online platform.
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Developer of an online fantasy sports platform
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SaaS-driven tech solutions for gambling operators are delivered.
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Detailed competitors of Boom Sports
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Latest news on Boom Sports
Complete news archive for 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.
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 Dream Sports.
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.