About DraftFury
DraftFury is a company based in United States founded in 2015 was acquired by SinglePoint in May 2016.. DraftFury operates in a competitive market with competitors including DraftKings, FanDuel, Dream Sports, MPL and GreenPark Sports, among others.
- Headquarter California, 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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
SinglePoint
(May 25, 2016)
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Funding Insights of DraftFury
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investors in DraftFury
DraftFury has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SinglePoint. 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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Mobile payment and marketing solutions are delivered to businesses.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 DraftFury
| 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 - DraftFury
| 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 |
Draftfury Comparisons
Competitors of DraftFury
DraftFury 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 GreenPark Sports, 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 |
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Real money skill-based gaming is facilitated through an online platform.
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Provider of a mobile app for multiple fantasy sports
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Developer of an online fantasy sports platform
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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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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 DraftFury
When was DraftFury founded?
DraftFury was founded in 2015.
Where is DraftFury located?
DraftFury is headquartered in United States. It is registered at California, United States.
What does DraftFury do?
DraftFury was established in 2015 in California, United States, as a platform in the daily fantasy sports sector. Contests with entry fees and cash prizes are offered for NBA, NFL, and MLB, alongside free games for practice. Athlete news and statistics are supplied to users. A referral program is included, allowing commissions up to 70 on net revenue. Operations focus on online fantasy gaming services.
Who are the top competitors of DraftFury?
DraftFury's top competitors include FanDuel, DraftKings and Dream Sports.
Who are DraftFury's investors?
DraftFury has 1 investor. Key investors include SinglePoint.