Underdog Sports Holdings Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Private

  • Employees
  • 60

Employees

  • 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

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 150 Waterbury Street
  • Brooklyn
  • New York, NY 11206
  • United States
+1 (212)
Primary Industry
Other Restaurants, Hotels and Leisure
Vertical(s)
Corporate Office
  • 150 Waterbury Street
  • Brooklyn
  • New York, NY 11206
  • United States
+1 (212)

Underdog Sports Holdings Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
To view Underdog Sports Holdings’s complete valuation and funding history, request access »

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%
To view Underdog Sports Holdings’s complete cap table history, request access »

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Underdog Sports Holdings Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a sports gaming company intended for fantasy sports contests, sports pick'em games, and prediction markets.
Other Restaurants, Hotels and Leisure
New York, NY
60 As of 2025

Atlanta, GA
 
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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
You’re viewing 1 of 1 competitors. Get the full list »

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
To view Underdog Sports Holdings’s complete patent history, request access »

Underdog Sports Holdings Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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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
You’re viewing 5 of 122 investors. Get the full list »

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
To view Underdog Sports Holdings’s complete investments and acquisitions history, request access »

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.

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