14 years ago
FanDuel Scores $4 Million Series B to Dominate Fantasy Sports
Edinburgh-based Hubdub Ltd, the company behind the popular fantasy sports game FanDuel, has raised $4 million in a Series B funding round led by Piton Capital
Existing investors Scottish Investment Bank and Pentech Ventures also participated in the round
The funding will support the growth of FanDuel, which allows users to compete in one-day fantasy sports contests for cash prizes.
ProblemTechnology
"Providing a one-day fantasy sports game for NFL, MLB, NBA, and NHL in the US, allowing users to compete against others and win cash prizes"
Solution
"FanDuel is a leading one-day fantasy sports game that lets users pay entry fees and compete against other players, test their skill level, and potentially win cash prizes"