Jackpocket Overview
- Year Founded
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2013
- Status
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Acquired/Merged
- Employees
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143
- Latest Deal Type
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M&A
- Latest Deal Amount
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$750M
Jackpocket General Information
Description
Developer of a mobile lottery application designed to offer players a secure way to play in official state lottery tickets. The company's platform helps players place orders for their favorite games, check lottery results, join lottery pools with other players, and turn on autoplay, enabling players to make the lottery a secure and responsible way to win big rewards in a hassle-free manner.
Contact Information
Website
www.jackpocket.com(Operating Subsidiary)
Corporate Office
- 100 Park Avenue
- 16th Floor
- New York, NY 10017
- United States
Corporate Office
- 100 Park Avenue
- 16th Floor
- New York, NY 10017
- United States
Jackpocket Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 23-May-2024 | $750M | Completed | Generating Revenue | ||
| 6. Later Stage VC (Series D) | 01-Dec-2023 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series D1) | 23-Nov-2021 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series C) | 09-Feb-2021 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series B) | 08-May-2019 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 10-Aug-2016 | $6M | $8.59M | Completed | Generating Revenue | |
| 1. Seed Round | 12-May-2015 | $2.59M | $2.59M | Completed | Generating Revenue |
Jackpocket Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D-2 | ||||||||
| Series D-1 | ||||||||
| Series C-3 | ||||||||
| Series C-2 | ||||||||
| Series C-1 | ||||||||
| Series B-1 | ||||||||
| Series B | ||||||||
| Series A | 13,690,611 | $0.000010 | $0.03 | $0.46 | $0.46 | 1x | $0.46 | 8.64% |
| Seed | 10,940,623 | $0.000010 | $0.01 | $0.22 | $0.22 | 1x | $0.22 | 6.91% |
Jackpocket Comparisons
Industry
Financing
Details
Jackpocket Competitors (2)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| LotteryHub | Corporate Backed or Acquired | Overland Park, KS | ||||
| FanDuel | Formerly VC-backed | New York, NY |
Jackpocket Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
News about Jackpocket
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Jackpocket Patents
Jackpocket Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-11495096-B2 | Automated feeder system and methods of use | Active | 12-Apr-2021 |
Jackpocket Executive Team (15)
| Name | Title | Board Seat |
|---|---|---|
| Peter Sullivan | Co-Founder, Chief Executive Officer & Board Member | |
| Sean Siuda | Chief Financial Officer | |
| Matt Silber | Co-Founder & Staff Engineer | |
| Caitlin Stojanovich | Chief Of Staff | |
| Carter Vance JD | General Counsel |
Jackpocket Board Members (7)
| Name | Representing | Role | Since |
|---|---|---|---|
| Adam Rothstein | Subversive Capital | Board Member | |
| Carey Lai | Conductive Ventures | Board Member | |
| Harley Miller | Left Lane Capital | Board Member | |
| Jonathan Ebinger | BlueRun Ventures | Board Member | |
| Peter Sullivan | Jackpocket | Co-Founder, Chief Executive Officer & Board Member |
Jackpocket Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Jackpocket Former Investors (64)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 7GC & Co | Growth/Expansion | Minority | ||
| 840 Venture Partners | Venture Capital | Minority | ||
| 9Yards Capital | Venture Capital | Minority | ||
| Anchor Capital (Texas) | Growth/Expansion | Minority | ||
| Andrew Flynn | Angel (individual) | Minority |
Jackpocket FAQs
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When was Jackpocket founded?
Jackpocket was founded in 2013.
-
Who is the founder of Jackpocket?
Peter Sullivan, Leo Shemesh, Matt Silber, and Eric Parker are the founders of Jackpocket.
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Who is the CEO of Jackpocket?
Peter Sullivan is the CEO of Jackpocket.
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Where is Jackpocket headquartered?
Jackpocket is headquartered in New York, NY.
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What is the size of Jackpocket?
Jackpocket has 143 total employees.
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What industry is Jackpocket in?
Jackpocket’s primary industry is Entertainment Software.
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Is Jackpocket a private or public company?
Jackpocket is a Private company.
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What is the current valuation of Jackpocket?
The current valuation of Jackpocket is .
-
What is Jackpocket’s current revenue?
The current revenue for Jackpocket is .
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How much funding has Jackpocket raised over time?
Jackpocket has raised $200M.
-
Who are Jackpocket’s investors?
7GC & Co, 840 Venture Partners, 9Yards Capital, Anchor Capital (Texas), and Andrew Flynn are 5 of 64 investors who have invested in Jackpocket.
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Who are Jackpocket’s competitors?
LotteryHub and FanDuel are competitors of Jackpocket.
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When was Jackpocket acquired?
Jackpocket was acquired on 23-May-2024.
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Who acquired Jackpocket?
Jackpocket was acquired by DraftKings.
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