About DraftDay
DraftDay is a company based in New York (United States) founded in 2011 was acquired by MGT Capital Investments in April 2014. DraftDay has raised $875 thousand across 1 funding round from investors including MGT Capital Investments and Lightbank. DraftDay operates in a competitive market with competitors including DraftKings, FanDuel, Dream Sports, MPL and Underdog Fantasy, among others.
- Headquarter New York, United States
- SectorsMedia & Entertainment
- Website draftday.com
- Social LinkedIn X Facebook
- Acquired by MGT Capital Investments (Apr 2014)
- Total Equity Funding$875K (USD)
in 1 rounds
- Latest Funding Round$875K (USD), Seed
Apr 2012
- InvestorsMGT Capital Investments
& 1 more
- Acquired byMGT Capital Investments
(Apr 2014)
Funding Insights of DraftDay
DraftDay has successfully raised a total of $875K through 1 strategic funding round. The most recent funding activity was a Seed round of $875 thousand completed in April 2012. 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 $875,000
- Total Rounds 1
- Last Round Seed — $875,000
- First Round $875,000
(Apr 2012)
- Investors Count 1
All 1 funding rounds of DraftDay 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 |
|---|---|---|---|---|---|
| Apr 2012 | $875,000 | Seed | – | – |
2 investors in total: 2 institutional.
Investors in DraftDay
DraftDay has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include MGT Capital Investments and Lightbank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech focused seed & early stage VC firm investing primarily in the US | – | lightbank.com | Chicago, United States | |
Cryptocurrency mining firm | 1977 | mgtci.com | Durham, United States |
Investor details for DraftDay
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.
Timeline of DraftDay
3 dated milestones of DraftDay across 3 years, from founding to its latest funding, stage changes and deals.
- Founded DraftDay is founded.
- Funding First funding round of $875K.
- Exit Acquired by MGT Capital Investments.
Competitors of DraftDay
DraftDay 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.
| 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 | |
| dreamsports.group | 2008 | Mumbai, India | $1.34B | 1,307 | Operator of a multifaceted platform for sports content and experiences | |
| mpl.live | 2018 | Bengaluru, India | $395.81M | 435 | Real money skill-based gaming is facilitated through an online platform. | |
| underdogfantasy.com | 2020 | Brooklyn, United States | $115M | 588 | Developer of an online fantasy sports platform | |
| greenparksports.com | 2018 | Burlingame, United States | $67.91M | 62 | Provider of a mobile app for multiple fantasy sports | |
| prizepicks.com | 2007 | Atlanta, United States | $1.7M | – | An online platform for fantasy sports predictions is provided. | |
| fantasyakhada.com | 2020 | Gurugram, India | $18.02M | 62 | Operates an app-based fantasy sports platform for multiple sports. |
Detailed competitors of DraftDay
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 DraftDay
Websites that share an audience with DraftDay (draftday.com).
Websites whose visitors overlap most with DraftDay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fantasyaces.com | 100% | – | – | View details | |
| draftstreet.com | 100% | – | – | View details | |
| swoopt.com | 100% | – | – | View details | |
| draftteam.com | 98% | – | – | View details | |
| ballr.com | 86% | 1.5K | #8,993,054 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for DraftDay
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to DraftDay
10 companies that operate in the same segment as DraftDay (Sports Technology Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operator of a platform providing skill-based games and interactive entertainment | 2018 | Delhi, Delhi, India | USD 92 M | USD 83.05 M | 1 | |
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 | – | – | |
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 144.6 M | – | – | |
Online fantasy sports platforms are provided for multiple sports. | 2012 | Boston, Massachusetts, United States | USD 718.6 M | USD 6.05 B | 5,100 | |
Operator of a multifaceted platform for sports content and experiences | 2008 | Mumbai, Maharashtra, India | USD 1.34 B | USD 509.95 K | – | |
Skill-based online games are provided through a technology-driven platform. | 2006 | Mumbai, Maharashtra, India | USD 99.06 M | – | – | |
Real money skill-based gaming is facilitated through an online platform. | 2018 | Bengaluru, Karnataka, India | USD 401.22 M | USD 100.11 M | 212 | |
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | – | 2,458 | |
News media platform for soccer | 2008 | Berlin, Berlin, Germany | USD 320.1 M | – | – |
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Frequently Asked Questions about DraftDay
DraftDay was founded in 2011 and raised its 1st funding round 1 year after it was founded.
DraftDay is headquartered in New York, United States. It is registered at New York, New York, United States.
DraftDay is a funded company, having raised a total of $875K across 1 funding round to date. The company's 1st funding round was a Seed of $875K, raised on Apr 2012.
DraftDay was founded in 2011 and is based in New York, United States. Operations focus on the daily fantasy sports sector, where online games are provided for football, baseball, basketball, and hockey events. Buy-ins are structured from free entries to 1,000, with options for head-to-head or multiplayer participation. Multiple games can be entered daily, and real money prizes are distributed to teams that accumulate the highest points.
DraftDay's top competitors include FanDuel, DraftKings and Dream Sports.
DraftDay has 2 investors. Key investors include MGT Capital Investments, and Lightbank.
Yes. DraftDay was acquired by MGT Capital Investments in April 2014.