About DraftKings
DraftKings is a publicly listed company based in Boston (United States) founded in 2012 by Jason Robins. Online fantasy sports platforms are provided for multiple sports. DraftKings has raised $718.6 million across 9 funding rounds from investors including The Walt Disney Company, National Hockey League and Major League Soccer. The company has 5,802 employees. DraftKings has completed 12 acquisitions, including BlueRibbon, DraftStreet and GNOG. DraftKings was last valued at $19.05 billion in September 2025. Its chief executive, as recorded, is Jason Robins. Its website draftkings.com draws about 18.8 million monthly visits. Its focus areas include Consumer, Sports Tech, Fantasy Sports and Online Platforms. Its competitors include FanDuel, Underdog Fantasy and GreenPark Sports; 3 of its 3 listed competitors have raised funding.
Company details
DraftKings was founded in 2012 in Boston, United States, as a provider of online fantasy sports platforms. Daily leagues are offered for various sports, including esports, football, baseball, and basketball. Operations focus on user engagement through these digital services, primarily within the online gaming sector. The platform supports multiple sports categories to facilitate competitive fantasy experiences across the United States.
- Headquarters Boston, United States
- Employees 5,802
- Founders Jason Robins
- Stage Public
- SectorsMedia & Entertainment
- Website category Gambling · Sports Betting
- Website draftkings.com
- Social LinkedIn X
- Legal Name Draftkings Inc.
- Annual Revenue$6.05 B (USD)26.99as on Dec 31, 2025
- Net Profit$3.71 M (USD)as on Dec 31, 2025
- EBITDA$272.88 M (USD)as on Dec 31, 2025
- Total Equity Funding$718.6M (USD)
in 9 rounds
- InvestorsThe Walt Disney Company
& 44 more
- Employee Count5,802
- Investments & AcquisitionsBlueRibbon
& 11 more
Apps and channels of DraftKings
DraftKings publishes 4 mobile apps with over 11.1M+ downloads.
Funding Insights of DraftKings
DraftKings has successfully raised a total of $718.6M across 9 strategic funding rounds. 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 $718.6M
- Total Rounds 9
- First Round $1.4M
(Jul 2012)
- Investors Count 45
All 9 funding rounds of DraftKings 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 |
|---|---|---|---|---|---|
| Sep 2020 | Post-IPO | – | – | ||
| Mar 2017 | $118.65M | Series E | – | Eldridge Industries | – |
| Sep 2016 | $153.77M | Series E | – | Revolution | – |
| Feb 2016 | $70M | Series D | – | – | – |
| Jul 2015 | $300M | Series D | – | Fox Sports | |
| Aug 2014 | $41.02M | Series C | – | Raine | |
| Nov 2013 | $24M | Series B | – | Redpoint Ventures | |
| Jul 2013 | $9.77M | Series A | – | Atlas Venture | – |
| Jul 2012 | $1.4M | Seed | – | Atlas Venture |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of DraftKings
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $19.05B (Sep 2025). 45 investors in total: 44 institutional and 1 angel.
Investors in DraftKings
DraftKings has secured backing from 45 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include The Walt Disney Company, National Hockey League and Major League Soccer.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Holding company investing in insurance, asset management, technology, mobility, sports, music, real estate, and consumer sectors | eldridge.com | Miami, United States | ||
Revolution is recognized as a D.C.-based investment firm. | revolution.com | Washington, Dc, United States | ||
Venture capital firm investing in life science and biotechnology sectors | 1980 | atlasventure.com | Cambridge, United States | |
Investments and family assets are managed by The Kraft Group. | thekraftgroup.com | Foxborough, United States | ||
Multiple sectors are targeted through private equity by Raine. | raine.com | New York, United States | ||
Venture capital is invested in cybersecurity, fintech, and AI startups. | ggvc.com | Menlo Park, United States | ||
Venture capital investment firm | dst-global.com | Menlo Park, United States | ||
Redpoint Ventures is engaged in venture capital investments. | redpoint.com | Woodside, United States | ||
Early-stage centric tech-focused VC investment company funding companies in the US and Israel | bdscapital.vc | Jericho, United States | ||
US seed-stage tech startups are funded by Boston Seed Capital. | bostonseed.com | Boston, United States |
Investor details for DraftKings
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People of DraftKings
862 people are tracked at DraftKings (177 in leadership, 11 in board & advisors, 674 in team); the tracked headcount is 5,802.
| Name | Role | Group |
|---|---|---|
Thomas Kessler | Director Of Business Operations | Leadership |
Jason Robins | Co-Founder & CEO | Leadership |
Andriy Bahlay | Senior Director Of Engineering, Retail And B2b Sportsbook | Leadership |
Dario Fruk | Director, Product | Leadership |
Getachew Debeb | Director, Igaming Analytics | Leadership |
Steven McLoughlin | Director, Game Integrity | Leadership |
Andy Paolino | Director, Data Engineering | Leadership |
Joseph Decristofaro | Vice President, Investor Relations | Leadership |
Stacey T. | Director, People Programs M&a | Leadership |
Edward Mikolinski | Director, Legal | Leadership |
Jack Forsayeth | Senior Director, SEC Reporting, Acquisitions And Integrations | Leadership |
Paul Liberman | President, Global Technology & Product & Co-Founder | Leadership |
Matt Kalish | President, North America & Co-Founder | Leadership |
Shay Berka | Chief International Officer | Leadership |
Jennifer Aguiar | Chief Compliance Officer | Leadership |
Kyle Engel | Director, Data Science Engineering | Leadership |
Thomas Kim | Director Of Workforce Management | Leadership |
Meg Montgomery | Senior Director, Head Of Central Integrated Marketing, Brand, Social Media, Community | Leadership |
Gary Wimbridge | Senior Vice President Of Product Development | Leadership |
David Pilson | Vp, Total Rewards | Leadership |
842 more people are available in the full profile.
Complete people profiles for DraftKings
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IPO & Listings of DraftKings
DraftKings is a publicly listed company on the NASDAQ with ticker symbol DKNG in USA, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date12 May 2022
- Listed onLSE: 0ABA
- Listed entityDraftKings Inc.
- Exchange sectorConsumer services
- ISINUS26142V1052
- Share price$19.72 (+0.31% on the day) · 2026-10-13
- Market capitalisation$9.79B
- EPS (diluted, trailing year)$-0.37
- Volume (last session)9,735,873
Financials of DraftKings
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $6.05B | $3.7M | $272.9M |
| 2024 | $4.77B | -$507.3M | -$230.5M |
| 2023 | $3.67B | -$802.1M | -$549.8M |
| 2022 | $2.24B | -$1.38B | -$1.34B |
| 2021 | $1.30B | -$1.52B | -$1.44B |
Detailed financial statements for DraftKings
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by DraftKings
DraftKings has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include BlueRibbon, DraftStreet and GNOG.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Risk management, price discovery, and data solutions are provided. | railbirdexchange.com | New York, United States | 2021 | Oct 2025 | •••• | |
AI-enabled micro-betting management solutions for sports are provided. | simplebet.ai | New York, United States | 2018 | Aug 2024 | •••• | |
AI-enabled betting management solutions are offered for sports leagues. | sportsiq.ai | Vancouver, Canada | 2018 | May 2024 | •••• | |
Lottery tickets are purchased online for various games like Powerball. | jackpocket.com | New York, United States | 2013 | Feb 2024 | $750M | |
Casino games and sports betting are provided online. | goldennuggetcasino.com | Atlantic, United States | 2013 | Aug 2021 | •••• | |
Provider of gambling services | gnoginc.com | Houston, United States | 1946 | Aug 2021 | •••• | |
Marketing platform for the gambling industry | bluerbn.com | Ta Xbiex, Malta | 2017 | Apr 2021 | •••• | |
Betting and gambling services are provided through VSiN's platform. | vsin.com | Las Vegas, United States | 2017 | Mar 2021 | •••• | |
Provider of sports betting software solutions | sbtech.com | Douglas, United Kingdom | 2007 | Jun 2019 | •••• | |
Combat sports fantasy games are offered via an online platform. | kountermove.com | San Francisco, United States | 2010 | Feb 2016 | •••• |
Complete acquisition details for DraftKings
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Timeline of DraftKings
15 dated milestones of DraftKings across 13 years, from founding to its latest funding, stage changes and deals.
- Founded DraftKings is founded.
- Funding First funding round of $1.4M.
- Acquisition Acquires Kountermove.
- Milestone Reaches Unicorn status.
- Acquisition Acquires SBTech.
- Funding Latest funding round, Post-IPO,.
- Acquisition Acquires VSiN.
- Acquisition Acquires BlueRibbon.
- Acquisition Acquires GNOG.
- Acquisition Acquires Golden Nugget Casino.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Jackpocket.
- Acquisition Acquires Sports IQ.
- Acquisition Acquires Simplebet.
- Acquisition Acquires Railbird.
Competitors of DraftKings
DraftKings has 3 listed competitors in our database, 3 of them funded. They include FanDuel, Underdog Fantasy and GreenPark Sports.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 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 | |
| greenparksports.com | 2018 | Burlingame, United States | $67.91M | 62 | Provider of a mobile app for multiple fantasy sports |
Detailed competitors of DraftKings
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Web traffic of DraftKings
The website of DraftKings (draftkings.com) receives about 18.8M visits a month and ranks #2,246 among all websites worldwide, #50 in Sports Betting.
- Monthly visits18.8M
▼ 3.7% vs previous month
- Unique visitors4.2M
per month
- Global rank#2,246
among all websites
- Category rank#50
Gambling · Sports Betting
- Bounce rate34%
- Pages per visit6.8
- Average visit9 min 34 sec
- DevicesDesktop 46% · Mobile 54%
Websites whose visitors overlap most with DraftKings. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fanduel.com | 100% | 15M | #2,608 | View details | |
| covers.com | 80% | 7.5M | #6,674 | View details | |
| vegasinsider.com | 72% | 2.6M | #26,874 | View details | |
| oddsjam.com | 66% | 1M | #45,654 | View details | |
| betonline.ag | 61% | #1,504 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for DraftKings
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Top companies in Sports Technology Platforms
3 companies that operate in the same segment as DraftKings (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 Draftkings
Complete news archive for DraftKings
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Frequently Asked Questions about DraftKings
DraftKings was founded in 2012.
DraftKings is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Jason Robins is the CEO of DraftKings, as recorded in our data. They have also founded this company.
DraftKings is a funded company, having raised a total of $718.6M across 9 funding rounds to date. The company's 1st funding round was a Seed of $1.4M, raised on Jul 2012.
DraftKings has 5,802 employees.
Annual revenue of DraftKings is $6.05B as on Dec 31, 2025.
DraftKings was founded in 2012 in Boston, United States, as a provider of online fantasy sports platforms. Daily leagues are offered for various sports, including esports, football, baseball, and basketball. Operations focus on user engagement through these digital services, primarily within the online gaming sector. The platform supports multiple sports categories to facilitate competitive fantasy experiences across the United States.
DraftKings's top competitors include FanDuel, Underdog Fantasy and GreenPark Sports.
Yes, DraftKings is publicly traded on NASDAQ under the ticker symbol DKNG.
DraftKings has made 12 acquisitions, including BlueRibbon, DraftStreet, and GNOG.
DraftKings has 45 investors. Key investors include The Walt Disney Company, National Hockey League, Major League Soccer, Fox Sports, and MLB.
The valuation of DraftKings is $19.05B as of Sep 2025.