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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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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 |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | 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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| 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 |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PrizePicks
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PrizePicks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Prizepicks
Frequently Asked Questions about PrizePicks
When was PrizePicks founded?
PrizePicks was founded in 2007 and raised its 1st funding round 13 years after it was founded.
Where is PrizePicks located?
PrizePicks is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Is PrizePicks a funded company?
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.
What does PrizePicks do?
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.
Who are the top competitors of PrizePicks?
PrizePicks's top competitors include FanDuel, DraftKings and Dream Sports.
What products or services does PrizePicks offer?
PrizePicks offers Pick 'Em, Pick 'Em Arena, and Streak.
Who are PrizePicks's investors?
PrizePicks has 20 investors. Key investors include Allwyn, The Players' Impact, Phoenix Capital Ventures, OLXTOTO, and Matt Ryan.
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