Underdog Sports Holdings Overview
- Year Founded
-
2020
- Status
-
Private
- Employees
-
60
- Latest Deal Type
-
M&A
- (Announced)
- Latest Deal Amount
-
$1.3B
- Investors
-
122
Underdog Sports Holdings General Information
Description
Operator of a sports gaming company intended for fantasy sports contests, sports pick'em games, and prediction markets. The company's platform creates fantasy teams, makes predictions on individual athlete performances, and trades event contracts on sports outcomes through its federally regulated prediction market platform, enabling users to access an interactive, technology-driven platform that blends sports entertainment with real-time event forecasting.
Contact Information
Website
www.underdogfantasy.comCorporate Office
- 150 Waterbury Street
- Brooklyn
- New York, NY 11206
- United States
Corporate Office
- 150 Waterbury Street
- Brooklyn
- New York, NY 11206
- United States
Underdog Sports Holdings Timeline
Underdog Sports Holdings Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 30-Jul-2026 | $1.3B | Announced | Generating Revenue | ||
| 6. Later Stage VC (Series C) | 26-Mar-2025 | Completed | Generating Revenue | |||
| 5. Early Stage VC | 01-Jan-2024 | Completed | Generating Revenue | |||
| 4. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 3. Early Stage VC (Series B) | 26-Jul-2022 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 20-May-2021 | $10M | $10M | Completed | Generating Revenue | |
| 1. Early Stage VC | 01-Jan-2021 | Completed | Startup |
Underdog Sports Holdings Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B-3 | ||||||||
| Series B-2 | ||||||||
| Series B-1 | ||||||||
| Series A-4 | ||||||||
| Series A-3 | ||||||||
| Series A-2 | 10,731,110 | $0.000100 | 6% | $0.14 | $0.14 | 1x | $0.14 | 9.38% |
| Series A-1 | 10,228,940 | $0.000100 | 6% | $0.8 | $0.8 | 1x | $0.8 | 8.94% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Underdog Sports Holdings Comparisons
Industry
Financing
Details
Underdog Sports Holdings Competitors (1)
One of Underdog Sports Holdings’s competitors is PrizePicks, a Private Equity-Backed company based in Atlanta, GA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| PrizePicks | Private Equity-Backed | Atlanta, GA |
Underdog Sports Holdings Patents
Underdog Sports Holdings Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-12611601-B1 | Systems and methods for processing combination selections including predictions and fantasy entries | Active | 29-Aug-2025 | ||
| US-12616897-B1 | Systems and methods for processing combination selections including predictions and fantasy entries | Active | 29-Aug-2025 | ||
| US-12623155-B1 | Systems and methods for processing combination selections including predictions and fantasy entries | Active | 29-Aug-2025 | ||
| US-12702931-B1 | Systems and methods for processing combination selections including predictions and fantasy entries | Active | 29-Aug-2025 | ||
| US-20250222360-A1 | Methods, systems, and apparatuses for generating pool competitions | Pending | 08-Jan-2024 | A63F13/828 |
Underdog Sports Holdings Signals
Underdog Sports Holdings Investors (122)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Berkocorp | Family Office | Minority | ||
| Electric Feel Ventures | Corporate Venture Capital | Minority | ||
| Makai VC | Venture Capital | Minority | ||
| McArthur Capital | Asset Manager | Minority | ||
| Spark Capital | Venture Capital | Minority |
Underdog Sports Holdings Investments & Acquisitions (3)
Underdog Sports Holdings’s most recent deal was a Merger/Acquisition with Aristotle Exchange DCM. The deal was made on 09-Mar-2026.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Aristotle Exchange DCM | 09-Mar-2026 | Merger/Acquisition | Brokerage | ||
| idPair | 04-Mar-2024 | Seed Round | IT Consulting and Outsourcing | ||
| Goat Gaming | 08-Sep-2021 | Merger/Acquisition | Social/Platform Software |
Underdog Sports Holdings FAQs
-
When was Underdog Sports Holdings founded?
Underdog Sports Holdings was founded in 2020.
-
Where is Underdog Sports Holdings headquartered?
Underdog Sports Holdings is headquartered in New York, NY.
-
What is the size of Underdog Sports Holdings?
Underdog Sports Holdings has 60 total employees.
-
What industry is Underdog Sports Holdings in?
Underdog Sports Holdings’s primary industry is Other Restaurants, Hotels and Leisure.
-
Is Underdog Sports Holdings a private or public company?
Underdog Sports Holdings is a Private company.
-
What is the current valuation of Underdog Sports Holdings?
The current valuation of Underdog Sports Holdings is .
-
What is Underdog Sports Holdings’s current revenue?
The current revenue for Underdog Sports Holdings is .
-
How much funding has Underdog Sports Holdings raised over time?
Underdog Sports Holdings has raised $115M.
-
Who are Underdog Sports Holdings’s investors?
Berkocorp, Electric Feel Ventures, Makai VC, McArthur Capital, and Spark Capital are 5 of 122 investors who have invested in Underdog Sports Holdings.
-
Who are Underdog Sports Holdings’s competitors?
PrizePicks is a competitor of Underdog Sports Holdings.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process