About DraftKings
DraftKings is a company based in Boston (United States) founded in 2012. DraftKings has raised $718.6 million across 9 funding rounds from investors including National Hockey League, Major League Soccer and Fox Sports. The company has 5,100 employees as of December 31, 2024. DraftKings has completed 12 acquisitions, including BlueRibbon, DraftStreet and GNOG. DraftKings operates in a competitive market with competitors including FanDuel, Dream Sports, MPL, Underdog Fantasy and GreenPark Sports, among others.
- Headquarter Boston, United States
- Employees 5100 as on 31 Dec, 2024
- Stage Public
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Sectors
Media & Entertainment
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Draftkings Inc.
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Annual Revenue
$4.77 B (USD)30.07as on Dec 31, 2024
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Net Profit
-$507.29 M (USD)36.76as on Dec 31, 2024
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EBITDA
-$230.51 M (USD)58.07as on Dec 31, 2024
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Total Equity Funding
$718.6 M (USD)
in 9 rounds
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Latest Funding Round
Not available
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Investors
National Hockey League
& 19 more
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Employee Count
5100
as on Dec 31, 2024
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Investments & Acquisitions
BlueRibbon
& 11 more
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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.
People of DraftKings
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Software Development Team
269 people
Sales and Marketing
80 people
Data Analysis and Operations Team
79 people
Product Management Team
68 people
Senior Team
55 people
Leadership Team
48 people
Legal and Compliance
39 people
Human Resources and Administration
32 people
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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.
Investors in DraftKings
DraftKings has secured backing from 20 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include National Hockey League, Major League Soccer and Fox Sports.
| Investor | Description | Founded Year | Domain | Location |
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Holding company investing in insurance, asset management, technology, mobility, sports, music, real estate, and consumer sectors
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Revolution is recognized as a D.C.-based investment firm.
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Locked | Locked | Locked | |
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Venture capital firm investing in life science and biotechnology sectors
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Locked | Locked | Locked |
Investor details for DraftKings
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by DraftKings
DraftKings has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include BlueRibbon, DraftStreet and GNOG.
Investment portfolio details for DraftKings
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Risk management, price discovery, and data solutions are provided.
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Locked | Locked | 2021 | Locked | |
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AI-enabled micro-betting management solutions for sports are provided.
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Locked | Locked | 2018 | Locked | |
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AI-enabled betting management solutions are offered for sports leagues.
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Locked | Locked | 2018 | Locked |
Complete acquisition details for DraftKings
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - DraftKings
Detailed financials for DraftKings
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Draftkings Comparisons
Peer comparison for DraftKings
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of DraftKings
DraftKings 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 FanDuel, Dream Sports, MPL, Underdog Fantasy and GreenPark Sports, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
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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Provider of a mobile app for multiple fantasy sports
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Detailed competitors of DraftKings
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Draftkings
Complete news archive for DraftKings
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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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.
DraftKings is a funded company, having raised a total of $718.6M across 9 funding rounds to date.
As of Dec 31, 2024, the latest employee count at DraftKings is 5,100.
Annual revenue of DraftKings is $4.77B as on Dec 31, 2024.
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, Dream Sports and MPL.
Yes, DraftKings is publicly traded on NASDAQ under the ticker symbol DKNG.
DraftKings has made 12 acquisitions, including BlueRibbon, DraftStreet, and GNOG.
DraftKings has 20 investors. Key investors include National Hockey League, Major League Soccer, Fox Sports, MLB, and Atlas Venture.
The ticker symbol of DraftKings is DKNG on NASDAQ.