FanDuel

New York, United States Founded: 2009 • Age: 17 yrs Unicorn Acquired By Accel Entertainment
Developer of a fantasy platform for multiple sports

About FanDuel

FanDuel is a Media & Entertainment company based in New York (United States) founded in 2009 by Nigel Eccles, and was acquired by Accel Entertainment in December 2024. Developer of a fantasy platform for multiple sports. FanDuel has raised $416.2 million across 8 funding rounds from investors including KKR, Verizon and NBA. The company has 4,115 employees. FanDuel has completed 3 acquisitions, including AlphaDraft, numberFire and BeyondPlay. FanDuel was last valued at $11.2 billion in December 2020. Its website fanduel.com draws about 15 million monthly visits. Its focus areas include Consumer, Sports Tech, Fantasy Sports and Online Platforms. Its competitors include DraftKings, GreenPark Sports and Underdog Fantasy; 3 of its 3 listed competitors have raised funding.

Company details

FanDuel was founded in 2009 and is based in New York, United States. A digital platform for fantasy sports is operated, where games covering NFL, MLB, NBA, soccer, and golf are made available. Contests are chosen by users, who then participate in competitions against others. Operations focus on the online gaming sector, with services centered on daily and seasonal fantasy formats across multiple sports.

Key Metrics
  • Total Equity Funding
    $416.2M (USD)

    in 8 rounds

  • Latest Funding Round
    $55M (USD), Series E

    Sep 2016

  • Investors
    KKR

    & 42 more

  • Employee Count
    4,115
  • Investments & Acquisitions
    AlphaDraft

    & 2 more

  • Acquired by
    Accel Entertainment

    & 1 more

    (Dec 2024)

Apps and channels of FanDuel

FanDuel publishes 2 mobile apps with over 1M+ downloads; its YouTube channel FanDuel has 520K subscribers and 30 videos.

FanDuel Fantasy Sports
App Store Sports 17+
Developer: FanDuel, Inc.
View on App Store
FanDuel Fantasy Sports
Google Play Sports Adults only 18+ Free
Developer: FanDuel
View on Google Play
FanDuel
YouTube 520K subscribers 30 videos Sports
Open channel

Videos from FanDuel

The most watched videos on FanDuel's YouTube channel, FanDuel (520K subscribers). Click a video to play it here.

TimTheTatMan's NFL Week 1 Game Predictions 🏈
113.6K views
TimTheTatMan's 2025 NFL Tier List 🏈
107K views
FanDuel Futures Day Is COMING!
80.9K views
Why is the Heisman Being DOMINATED by Transfers?
65.3K views

More on FanDuel.

Funding Insights of FanDuel

FanDuel has successfully raised a total of $416.2M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $55 million completed in September 2016. 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 $416.2M
  • Total Rounds 8
  • Last Round Series E β€” $55M
  • First Round $1.2M

    (Jan 2009)

  • Investors Count 43

All 8 funding rounds of FanDuel with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2016$55MSeries E––
–
Jun 2016$25MDebt – Venture––
Jul 2015$275MSeries E–KKR
Sep 2014$70MSeries D–Shamrock Capital Advisors
Jan 2013$11MSeries C–Comcast Ventures, Bullpen Capital
Sep 2011$4MSeries B–Piton Capital
Jun 2011Seed––
Jan 2009$1.2MSeed––
Valuation history
DateValuationStage
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Full valuation and stage history of FanDuel

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Last known valuation $11.2B (Dec 2020). 43 investors in total: 41 institutional and 2 angel.

Investors in FanDuel

FanDuel has secured backing from 43 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include KKR, Verizon and NBA.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture debt financing is provided to companies in multiple sectors.
2003htgc.comPalo Alto, United States
Private equity and debt funds focused on media, entertainment, content, sports, marketing, and education sectors
1978shamrockcap.comLos Angeles, United States
Seed & early stage tech-focused venture capital firm investing in the US and Canada
bullpencap.comSan Francisco, United States
Comcast Ventures is focused on investing in technology startups.
comcastventures.comSan Francisco, United States
European stage agnostic VC firm
pitoncap.comLondon, United Kingdom
Multiple sectors are invested in by this private equity firm.
1976kkr.comNew York, United States
Growth-stage companies are invested in by CapitalG, Alphabet's independent fund.
capitalg.comSan Francisco, United States
UK tech and offline companies are funded by Pentech.
pentech.vcEdinburgh, United Kingdom
Early to mid-stage ventures are funded by the firm.
timewarner.com/company/time-warner-investmentsNew York, United States
Investments in multiple sectors are made by Cobalt Capital.
cobalt.laSanta Monica, United States
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Investor details for FanDuel

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People of FanDuel

763 people are tracked at FanDuel (221 in leadership, 542 in team); the tracked headcount is 4,115.

NameRoleGroup
Vivian Osbeck
Director, Procurement OperationsLeadership
Nigel Eccles
FounderLeadership
Felicia Gassen
Senior Director Business DevelopmentLeadership
Jordan Enos
Commercial Director, New VenturesLeadership
Brian O'Connor
Software Engineering DirectorLeadership
Susan Scarce
Senior Director Technology Strategy And OperationsLeadership
Shadi Ziaei
Enterprise IT Operations DirectorLeadership
David Jennings
CFOLeadership
Tiago Martins
Vice President Of Technology, SportsbookLeadership
Andrew Giancamilli
COOLeadership
Rashmi Saxena
Vice President Of Software EngineeringLeadership
Evan Rapkin
Director, Corporate Development And Strategic PartnershipsLeadership
Anghelut Sorin
Head Of TechLeadership
Graham Marshall
Director Of Software DevelopmentLeadership
Marta Torneiro
Senior Director Of EngineeringLeadership
Suzanne B.
Senior Director, Marketing PartnershipsLeadership
Ankush Singla
Director, Head Of Technology Innovation & TransformationLeadership
Orla Fitzpatrick
Senior Director Of FinanceLeadership
Denis Mayer
Senior Director, Data EngineeringLeadership
Samantha S.
Senior Director, Operations ExcellenceLeadership

743 more people are available in the full profile.

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Investments & Acquisitions by FanDuel

FanDuel has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include AlphaDraft, numberFire and BeyondPlay.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Games are developed by BeyondPlay for digital platforms in London.
beyondplay.ioLondon, United Kingdom2020Feb 2024β€’β€’β€’β€’
Daily fantasy eSports contests are hosted for cash prizes.
alphadraft.comLos Angeles, United States2014Sep 2015β€’β€’β€’β€’
Predictive sports analytics and fantasy projections are offered online.
numberfire.comNew York, United States2010Aug 2015β€’β€’β€’β€’
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Complete acquisition details for FanDuel

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

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Timeline of FanDuel

9 dated milestones of FanDuel across 15 years, from founding to its latest funding, stage changes and deals.

  1. Founded FanDuel is founded.
  2. Funding First funding round of $1.2M.
  3. Milestone Reaches Unicorn status.
  4. Acquisition Acquires numberFire.
  5. Acquisition Acquires AlphaDraft.
  6. Funding Latest funding round, Series E, of $55.0M.
  7. Exit Acquired by Flutter Entertainment.
  8. Acquisition Acquires BeyondPlay.
  9. Exit Acquired by Accel Entertainment.

Competitors of FanDuel

FanDuel has 3 listed competitors in our database, 3 of them funded. They include DraftKings, GreenPark Sports and Underdog Fantasy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
draftkings.com2012Boston, United States$718.6M1,974
Online fantasy sports platforms are provided for multiple sports.
greenparksports.com2018Burlingame, United States$67.91M62
Provider of a mobile app for multiple fantasy sports
underdogfantasy.com2020Brooklyn, United States$115M588
Developer of an online fantasy sports platform
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Detailed competitors of FanDuel

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Verified entity values are shown only after access is granted.

Web traffic of FanDuel

The website of FanDuel (fanduel.com) receives about 15M visits a month and ranks #2,608 among all websites worldwide, #60 in Sports Betting.

  • Monthly visits
    15M

    ▼ 5.4% vs previous month

  • Unique visitors
    3.2M

    per month

  • Global rank
    #2,608

    among all websites

  • Category rank
    #60

    Gambling · Sports Betting

Similar websites

Websites whose visitors overlap most with FanDuel. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
draftkings.com
100%
18.8M#2,246View details
covers.com
88%
7.5M#6,674View details
vegasinsider.com
85%
2.6M#26,874View details
oddsjam.com
75%
1M#45,654View details
oddsshark.com
73%
#31,811View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for FanDuel

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  • Audience overlap
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Top companies in Sports Technology Platforms

3 companies that operate in the same segment as FanDuel (Sports Technology Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Subscription-based platform for streaming soccer content is offered.
2015New York, New York, United StatesUSD 154.63 MUSD 1.62 B590
Subscription-based social networking platform for runners and cyclists
2009San Francisco, California, United StatesUSD 180 M999
Online fantasy sports platforms are provided for multiple sports.
2012Boston, Massachusetts, United StatesUSD 718.6 MUSD 6.05 B5,802
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Related news about Fanduel

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Complete news archive for FanDuel

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Frequently Asked Questions about FanDuel

FanDuel was founded in 2009.

FanDuel is headquartered in New York, United States. It is registered at New York, New York, United States.

FanDuel is a funded company, having raised a total of $416.2M across 8 funding rounds to date. The company's 1st funding round was a Seed of $1.2M, raised on Jan 2009.

FanDuel has 4,115 employees.

FanDuel was founded in 2009 and is based in New York, United States. A digital platform for fantasy sports is operated, where games covering NFL, MLB, NBA, soccer, and golf are made available. Contests are chosen by users, who then participate in competitions against others. Operations focus on the online gaming sector, with services centered on daily and seasonal fantasy formats across multiple sports.

FanDuel's top competitors include DraftKings, Underdog Fantasy and GreenPark Sports.

FanDuel has made 3 acquisitions, including AlphaDraft, numberFire, and BeyondPlay.

FanDuel has 43 investors. Key investors include KKR, Verizon, NBA, Accel Entertainment, and Comcast.

The valuation of FanDuel is $11.2B as of Dec 2020.

Yes. FanDuel was acquired by Flutter Entertainment in May 2018.

Yes. FanDuel publishes FanDuel Fantasy Sports and 1 more app, with over 1 million downloads.

The website of FanDuel receives about 15 million visits a month and ranks #2,608 among all websites worldwide.

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