About PrizePicks
PrizePicks is a company based in Atlanta (United States) founded in 2007 was acquired by Allwyn in September 2025. PrizePicks has raised $1.7 million across 4 funding rounds from investors including Allwyn, The Players' Impact and Phoenix Capital Ventures. PrizePicks offers products and services including Pick 'Em, Pick 'Em Arena, and Streak. PrizePicks operates in a competitive market with competitors including DraftKings, FanDuel, Dream Sports, MPL and GreenPark Sports, among others.
- Headquarter Atlanta, 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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Products & Services of PrizePicks
PrizePicks offers a comprehensive portfolio of products and services, including Pick 'Em, Pick 'Em Arena, and Streak.
Users select more or less on player stats to win cash prizes.
Compete against others with lineups for real money rewards.
Daily picks on projections to build streaks and unlock rewards.
People of PrizePicks
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Funding Insights of PrizePicks
PrizePicks has successfully raised a total of $1.7M across 4 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 Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(07 Jul 2020)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Seed - PrizePicks | Valuation | Phoenix Capital Ventures , Australis Capital | |
| Jan, 2021 | Amount | Seed - PrizePicks | Valuation | Phoenix Capital Ventures | |
| Jul, 2020 | Amount | Seed - PrizePicks | Valuation |
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Investors in PrizePicks
PrizePicks has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Allwyn, The Players' Impact and Phoenix Capital Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on companies in sports, gaming, health, wellness, and media industries
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Founded Year | Domain | Location | |
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Angel networks are facilitated for US-based companies.
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Founded Year | Domain | Location | |
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Venture capital fund backed by Patel family
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Founded Year | Domain | Location |
Investments & Acquisitions by PrizePicks
Financial Statements - PrizePicks
Prizepicks Comparisons
Competitors of PrizePicks
PrizePicks 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.
| 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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| domain | founded_year | HQ Location |
Developer of a fantasy platform for multiple sports
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Provider of a mobile app for multiple fantasy sports
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| domain | founded_year | HQ Location |
Developer of an online fantasy sports platform
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Frequently Asked Questions about PrizePicks
PrizePicks was founded in 2007 and raised its 1st funding round 13 years after it was founded.
PrizePicks is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
PrizePicks is a funded company, having raised a total of $1.7M across 4 funding rounds to date. The company's 1st funding round was a Seed of $850K, raised on Jul 07, 2020.
PrizePicks was founded in 2007 and is headquartered in Atlanta, United States. An online platform focused on fantasy sports is operated within the gaming sector. Services include various games covering football, UFC, baseball, and additional sports. Users are enabled to select preferred players and forecast their performance outcomes, with rewards distributed based on accurate predictions. Operations are conducted digitally to facilitate user participation.
PrizePicks's top competitors include FanDuel, DraftKings and Dream Sports.
PrizePicks offers Pick 'Em, Pick 'Em Arena, and Streak.
PrizePicks has 20 investors. Key investors include Allwyn, The Players' Impact, Phoenix Capital Ventures, OLXTOTO, and Matt Ryan.