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
-
Sectors
Media & EntertainmentConsumer
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Boom Fantasy Ltd
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Boom Sports
Boom Sports offers a comprehensive portfolio of products and services, including Pick & Spin, Pick 'Em, and Coin Flip. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Total Funding
- Total Rounds 4
- Last Round Series B — $15.3M
-
First Round
First Round
(12 Jan 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Series B - Boom Sports | Valuation |
investors |
|
| Jun, 2018 | Amount | Series A - Boom Sports | Valuation | Defy , Zhen Fund |
|
| May, 2017 | Amount | Seed - Boom Sports | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Early-stage venture capital investments are made in US geographies.
|
Founded Year | Domain | Location | |
|
Tech & Offline focused Seed stage VC Firm investing primarily in Asia and the US
|
Founded Year | Domain | Location | |
|
Venture capital investments in technology and defense sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Boom Sports
Boom Sports has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Draftpot. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Daily fantasy sports and eSports contests are facilitated by Draftpot.
|
2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Boom Sports
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Boom Sports Comparisons
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. 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 |
Online fantasy sports platforms are provided for multiple sports.
|
|
| domain | founded_year | HQ Location |
Developer of a fantasy platform for multiple sports
|
|
| domain | founded_year | HQ Location |
Operator of a multifaceted platform for sports content and experiences
|
|
| domain | founded_year | HQ Location |
Real money skill-based gaming is facilitated through an online platform.
|
|
| domain | founded_year | HQ Location |
Developer of an online fantasy sports platform
|
|
| domain | founded_year | HQ Location |
SaaS-driven tech solutions for gambling operators are delivered.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Boom Sports
Frequently Asked Questions about Boom Sports
When was Boom Sports founded?
Boom Sports was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Boom Sports located?
Boom Sports is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Boom Sports a funded company?
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 $2M, raised on Jan 12, 2016.
What does Boom Sports do?
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.
Who are the top competitors of Boom Sports?
Boom Sports's top competitors include FanDuel, DraftKings and Dream Sports.
What products or services does Boom Sports offer?
Boom Sports offers Pick & Spin, Pick 'Em, and Coin Flip.
How many acquisitions has Boom Sports made?
Boom Sports has made 1 acquisition, including Draftpot.
Who are Boom Sports's investors?
Boom Sports has 5 investors. Key investors include defy vc, Zhen Fund, Founders Fund, StartX, and Rubicon Venture Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.