Fundraising Fox

DraftKings (NASDAQ:DKNG)

also invests · investor profile

Boston, US · Founded 2011 · 21 known investors

draftkings.com

DraftKings operates a multi-product gaming platform offering online sportsbooks, daily fantasy sports, and casino games to consumers across desktop, mobile apps, and retail locations. The company serves bettors and gaming enthusiasts in regulated markets across the United States.

FintechGamingMarketplacesSector AgnosticSports Tech

Founders & leadership

DraftKings (NASDAQ:DKNG) was founded in 2011 by Paul Liberman, Matthew Kalish, Tige Savage, and Matt Kalish.

PL
Paul LibermanCo-founder
MK
Matthew KalishCo-founder
TSTige Savage
Tige Savagein𝕏Co-founderCo-founder at Revolution
MKMatt Kalish
Matt KalishinFounder
JH
Janet HolianExecutive
TD
Timothy DentExecutive
AW
Alan Wayne EllingsonExecutive
RS
Robert Stanton DodgeExecutive

Board

RT
R. Thomas DyalBoard director
RM
Ryan MooreBoard director
JRJason Robins
Jason RobinsinBoard directorInvestor at Impellent Ventures
HN
Hany NadaBoard director

Investors · 21

Reported raises · per SEC filings

Form D private placements

$1.1B disclosed across 8 rounds · 2014–2025

$228.7MraisedNov 2025 · 86 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Alan Wayne EllingsonExecutive Officer
  • Woodrow H LevinDirector
  • Matthew KalishExecutive Officer, Director
  • Gregory W WendtDirector
  • Jocelyn MooreDirector
  • Steven J MurrayDirector
  • Ryan R MooreDirector
  • Erik BradburyExecutive Officer
  • Marni M WaldenDirector
  • Robert Stanton DodgeExecutive Officer
  • Paul LibermanExecutive Officer, Director
  • Jason D RobinsExecutive Officer, Director
  • Valerie MosleyDirector
  • Harry Evans SloanDirector
Offering amount
$228.7M
Amount sold
$228.7M
First sale
Oct 2025
Incorporated
Corporation, Nevada, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$155MraisedDec 2024 · 226 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Robert Stanton DodgeExecutive Officer
  • Woodrow H LevinDirector
  • Marni M WaldenDirector
  • Alan Wayne EllingsonExecutive Officer
  • Steven J MurrayDirector
  • Harry Evans SloanDirector
  • Matthew KalishExecutive Officer, Director
  • Jason D RobinsExecutive Officer, Director
  • Erik BradburyExecutive Officer
  • Valerie MosleyDirector
  • Paul LibermanExecutive Officer, Director
  • Jocelyn MooreDirector
  • Ryan R MooreDirector
Offering amount
$155M
Amount sold
$155M
First sale
Dec 2024
Incorporated
Corporation, Nevada, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$324MraisedJun 2024 · 161 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jason D RobinsExecutive Officer, Director
  • Marni M WaldenDirector
  • Alan Wayne EllingsonExecutive Officer
  • Ryan R MooreDirector
  • Woodrow H LevinDirector
  • Paul LibermanExecutive Officer, Director
  • Steven J MurrayDirector
  • Valerie MosleyDirector
  • Robert Stanton DodgeExecutive Officer
  • Matthew KalishExecutive Officer, Director
  • Harry Evans SloanDirector
  • Jocelyn MooreDirector
Offering amount
$324M
Amount sold
$324M
First sale
May 2024
Incorporated
Corporation, Nevada, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$74.6MraisedDec 2019 · 11 investors · Other
Rule 506(c)
Officers, directors & promoters on the filing
  • John SalterDirector
  • Steve MurrayDirector
  • Richard RosenblattDirector
  • Marni WaldenDirector
  • Jason ParkExecutive Officer
  • R. Stanton DodgeExecutive Officer
  • Hany NadaDirector
  • Ryan MooreDirector
  • Woodrow LevinDirector
  • Jason RobinsExecutive Officer, Director
  • Matthew KalishExecutive Officer, Director
  • Paul LibermanExecutive Officer, Director
Offering amount
$125M
Amount sold
$74.6M
First sale
Dec 2019
Incorporated
Corporation, Delaware
Federal exemptions
06c
Full filing on SEC EDGAR ↗
$118.7MraisedMar 2017 · 20 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Woodrow LevinDirector
  • Janet HolianExecutive Officer
  • Matthew KalishExecutive Officer, Director
  • Steve MurrayDirector
  • Hany NadaDirector
  • Todd BoehlyDirector
  • John SalterDirector
  • Jason RobinsExecutive Officer, Director
  • Ryan MooreDirector
  • Paul LibermanExecutive Officer, Director
  • Faisal HasanExecutive Officer
  • R. Thomas DyalDirector
  • Timothy DentExecutive Officer
Offering amount
$118.7M
Amount sold
$118.7M
Sales commissions
$2M
Placement agents
Raine Securities LLC
First sale
Mar 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$153.8MraisedSep 2016 · 79 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Woodrow LevinDirector
  • R. Thomas DyalDirector
  • Paul LibermanExecutive Officer, Director
  • Ryan MooreDirector
  • Matthew KalishExecutive Officer, Director
  • Jason RobinsExecutive Officer, Director
  • Janet HolianExecutive Officer
  • Hany NadaDirector
  • John SalterDirector
  • Steve MurrayDirector
  • Timothy DentExecutive Officer
Offering amount
$153.8M
Amount sold
$153.8M
First sale
Dec 2015
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$400KraisedFeb 2016 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Woodrow LevinDirector
  • Paul LibermanExecutive Officer, Director
  • Matthew KalishExecutive Officer, Director
  • Timothy DentExecutive Officer
  • John SalterDirector
  • Ryan MooreDirector
  • Janet HolianExecutive Officer
  • R. Thomas DyalDirector
  • Hany NadaDirector
  • Jason RobinsExecutive Officer, Director
Offering amount
$400K
Amount sold
$400K
First sale
Feb 2016
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$41MraisedAug 2014 · 8 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Paul LibermanExecutive Officer, Director
  • R. Thomas DyalDirector
  • Hany NadaDirector
  • Woodrow LevinDirector
  • Timothy DentExecutive Officer
  • Jason RobinsExecutive Officer, Director
  • John SalterDirector
  • Ryan MooreDirector
  • Matthew KalishExecutive Officer, Director
Offering amount
$41M
Amount sold
$41M
First sale
Aug 2014
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 6

by search overlap
Covers108627 shared keywordsCovers operates a sports betting information site offering odds, expert picks, predictions, and news across sports such as NFL, NBA, MLB, NCAAF, WNBA, CFL, UFC, golf, and soccer. It also hosts a sports betting community forum, free-to-play contests, and sportsbook comparisons for bettors.
Fan Duel89740 shared keywordsFanDuel offers online sports betting and gaming entertainment products for sports fans across the U.S. and Canada, partnering with leagues, teams, and talent. The company operates in the sports betting and gaming industry, providing betting experiences and related consumer products.
Bleacher Report59606 shared keywordsBleacher Report is a sports media platform that provides news, highlights, analysis, and coverage of major professional and college sports leagues including the NBA, NFL, MLB, NHL, and WNBA.
Nfl51017 shared keywordsThe National Football League (NFL) is a professional sports organization that operates a league of American football teams and produces content related to professional football, including news, fantasy sports, and merchandise.
StatMuse47764 shared keywordsStatMuse is an AI-powered media platform that provides instant answers to sports and finance questions through search, covering statistics, scores, betting, fantasy data, and market information. The company serves tens of millions of users worldwide with personalized content and historical data for sports leagues and financial markets.
365 Scores43859 shared keywordsA cross-platform app that lets users create their own personalized sports channel.

Companies competing with DraftKings (NASDAQ:DKNG) for the same Google search keywords, organic and paid, via search-intersection analysis.

Acquisitions · 3

Early investors' stakes continue via these deals
Blue Ribbon Software

Acquired by DraftKings Inc. (Nasdaq: DKNG) in 2021

BlueRibbon

Real-time jackpot and gamification platform, acquired by DraftKings in April 2021.

Railbird

A derivatives trading exchange providing futures and options trading services, regulated by the CFTC.

In the news

Frequently asked questions

What does DraftKings (NASDAQ:DKNG) do?
DraftKings operates a multi-product gaming platform offering online sportsbooks, daily fantasy sports, and casino games to consumers across desktop, mobile apps, and retail locations. The company serves bettors and gaming enthusiasts in regulated markets across the United States.
Who founded DraftKings (NASDAQ:DKNG)?
DraftKings (NASDAQ:DKNG) was founded by Paul Liberman, Matthew Kalish, Tige Savage, Matt Kalish in 2011.
Who are DraftKings (NASDAQ:DKNG)'s investors?
DraftKings (NASDAQ:DKNG)'s investors include Accomplice, Atento Capital, Aurum, Boston Seed Capital, Chamaeleon, Connetic Ventures, Data Point Capital, Data Tech and 13 more.
How much funding has DraftKings (NASDAQ:DKNG) raised?
DraftKings (NASDAQ:DKNG) has disclosed $1.1B raised across 8 rounds.
Where is DraftKings (NASDAQ:DKNG) headquartered?
DraftKings (NASDAQ:DKNG) is headquartered in Boston, US.