/Companies

Underdog

Brooklyn, US · Founded 2022 · 13 known investors

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Underdog Fantasy offers a sports predictions and betting product where users make picks on team outcomes, spreads, totals, moneylines, and parlays for entry amounts from $1 to $2,000. It operates as a regulated event contracts platform for U.S. residents.

Also known as Underdog Fantasy

Founders & leadership

Underdog was founded in 2022 by Jeremy Levine.

JLJeremy Levine
Jeremy LevineFounderExecutive Officer, Director at Underdog Sports Holdings
JPJena Pollock
Jena PollockExecutiveExecutive Officer at Underdog Sports Holdings
BA
Brandon Alan StakenborgExecutive
BS
Brandon StakenborgFounder
TJ
Trevor JohnFounder

Investors · 13

Reported raises · per SEC filings

Form D private placements

$50.9M disclosed across 1 of 2 rounds · 2022–2025

▶$50.9MraisedFeb 2025 · 2 investors · Other
Rule 506(c)
Officers, directors & promoters on the filing
  • Jena PollockExecutive Officer
  • Brandon Alan StakenborgExecutive Officer, Director
  • Jeremy LevineExecutive Officer, Director
Offering amount
$175M
Amount sold
$50.9M
First sale
Jan 2025
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06c
Full filing on SEC EDGAR ↗

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

Related companies · 6

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CoversCovers 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 DuelFanDuel 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.
NflThe 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.
PrizePicksPrizePicks is a daily fantasy sports and prediction platform where users build lineups combining player stat projections with team picks (game winners, spreads, and over/unders) across sports like NBA, WNBA, and MLB. It offers event contracts for U.S. residents in select states through a mobile app.

Companies working in the same space as Underdog.

Frequently asked questions

What does Underdog do?
Underdog Fantasy offers a sports predictions and betting product where users make picks on team outcomes, spreads, totals, moneylines, and parlays for entry amounts from $1 to $2,000. It operates as a regulated event contracts platform for U.S. residents.
Who founded Underdog?
Underdog was founded by Jeremy Levine in 2022.
Who are Underdog's investors?
Underdog's investors include 305 Ventures, Acies Investments, Backwards Capital, Darco Capital, Mantis Capital, Night Capital, PROOF, Protagonist and 5 more.
How much funding has Underdog raised?
Underdog has disclosed $50.9M raised across 1 of its 2 known rounds.
Where is Underdog headquartered?
Underdog is headquartered in Brooklyn, US.