About Draftpot
Draftpot is a Media & Entertainment company based in New York (United States) founded in 2014, and was acquired by Boom Sports in May 2017. Daily fantasy sports and eSports contests are facilitated by Draftpot. Draftpot has raised $2.2 million across 1 funding round from investors including Boom Sports and Dorm Room Fund. The company was acqui-hired. Draftpot offers products and services including Casino Games, Sportsbook Technology, Times Machine, Extra Lucky, and Money Tree. Its focus areas include Consumer, Sports Tech, Fantasy Sports and Online Platforms. Its competitors include DraftKings, FanDuel and GreenPark Sports; 3 of its 3 listed competitors have raised funding.
Company details
Draftpot was established in 2014 in New York, United States, as a platform focused on daily fantasy sports and eSports, particularly League of Legends. Operations allow users to assemble lineups, participate in contests, and receive cash prizes with same-day payouts. The service targets web-based accessibility for participants, originating from founders at Columbia University.
- Headquarters New York, United States
- Stage Acquired
- SectorsMedia & Entertainment
- Website draftpot.com
- Social LinkedIn X Facebook
- Acquired by Boom Sports (May 2017)
- Total Equity Funding$2.2M (USD)
in 1 rounds
- Latest Funding Round$2.2M (USD), Series A
Sep 2015
- InvestorsBoom Sports
& 1 more
- Acquired byBoom Sports
(May 2017)
Products & Services of Draftpot
Draftpot offers a comprehensive portfolio of products and services, including Casino Games, Sportsbook Technology, Times Machine, Extra Lucky, and Money Tree.
Provides world-class casino products for online platforms.
Offers solutions for online sports betting and user engagement.
Features interactive casino game for digital entertainment.
Delivers engaging casino slots with multimedia elements.
Includes casino mechanics for user monetization and fun.
Funding Insights of Draftpot
Draftpot has successfully raised a total of $2.2M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.2 million completed in September 2015. 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 $2.2M
- Total Rounds 1
- Last Round Series A — $2.2M
- First Round $2.2M
(Sep 2015)
- Investors Count 1
All 1 funding rounds of Draftpot 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 2015 | $2.2M | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Draftpot
Draftpot has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Boom Sports and Dorm Room Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Micro VC investments are directed toward US student-led startups. | dormroomfund.com | Boston, United States | ||
Tech-enabled platform is offered for online gambling operators. | 2015 | boomfantasy.com | New York, United States |
Investor details for Draftpot
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 Draftpot
3 dated milestones of Draftpot across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Draftpot is founded.
- Funding First funding round of $2.2M.
- Exit Acquired by Boom Sports.
Competitors of Draftpot
Draftpot has 3 listed competitors in our database, 3 of them funded. They include DraftKings, FanDuel and GreenPark Sports.
| 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 | ||
| greenparksports.com | 2018 | Burlingame, United States | $67.91M | 62 | Provider of a mobile app for multiple fantasy sports |
Detailed competitors of Draftpot
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.
Top companies in Sports Technology Platforms
3 companies that operate in the same segment as Draftpot (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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Frequently Asked Questions about Draftpot
Draftpot was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Draftpot is headquartered in New York, United States. It is registered at New York, New York, United States.
Draftpot is a funded company, having raised a total of $2.2M across 1 funding round to date. The company's 1st funding round was a Series A of $2.2M, raised on Sep 2015.
Draftpot was established in 2014 in New York, United States, as a platform focused on daily fantasy sports and eSports, particularly League of Legends. Operations allow users to assemble lineups, participate in contests, and receive cash prizes with same-day payouts. The service targets web-based accessibility for participants, originating from founders at Columbia University.
Draftpot's top competitors include FanDuel, DraftKings and GreenPark Sports.
Draftpot offers Casino Games, Sportsbook Technology, Times Machine, Extra Lucky, and Money Tree.
Draftpot has 2 investors. Key investors include Boom Sports, and Dorm Room Fund.
Yes. Draftpot was acquired by Boom Sports in May 2017.