When was DraftKings founded?

DraftKings was founded in 2012 and raised its 1st funding round within a year of its incorporation.

Where is DraftKings located?

DraftKings is headquartered in Boston, United States. It is registered at Boston, Massachusetts.

Who is the current CEO of DraftKings?

Jason Robins of DraftKings. They have also founded 1 company and are angel investors in 17 startups, including Pillar VC.

How many employees does DraftKings have?

As of Sep 30, 2026, the latest employee count at DraftKings is 5802.

Is DraftKings a funded company?

DraftKings is a funded company, having raised a total of $719M across 9 funding rounds to date. The company's 1st funding round was a $1.4M Seed round, raised on Jul 18, 2012.

When was the latest funding round of DraftKings?

DraftKings' latest funding was a Post IPO round on Sep 02, 2020, with participation from 1 investor.

What is the annual revenue of DraftKings?

Annual revenue of DraftKings is more than $1B as on Dec 31, 2025

Is DraftKings a Sports Tech company?

The primary sector of DraftKings is Sports Tech.

Where does DraftKings rank among its competitors?

DraftKings ranks 1st amongst 346 active competitors, of which 43 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Splash Sports, which secured $14.5M in Oct, 2025.

Who are the top competitors of DraftKings?

DraftKings' top competitors include MPL, FanDuel and Dream Sports. Among them, Splash Sports secured the most recent funding round in October, 2025.

DraftKings - 2026 Company Profile, Team, Funding, Competitors & Financials

DraftKings is a public company based in Boston (United States), founded in 2012 by Jason Robins and Mayur Tadepalli. It operates as a Platform providing online solutions for fantasy sports and sports betting. DraftKings has raised $719M in funding from investors like Atlas Venture, Redpoint Ventures and Fox Sports. The company has 346 active competitors, including 43 funded and 20 that have exited. Its top competitors include companies like MPL, FanDuel and Dream Sports.

Company Details

Platform providing online solutions for fantasy sports and sports betting. It is a leading online platform offering daily fantasy sports and sportsbook services including real money betting and fantasy sports contests. They operate a user friendly website and mobile app providing a range of sports and entertainment options for enthusiasts.

Website: www.draftkings.com/
Social
Registered Address: Boston, Massachusetts

Key Metrics

Founded Year

2012

Location

Boston, United States

Stage

Public

Total Funding

$719M in 9 rounds

Latest Funding Round

Post IPO, Sep 02, 2020, Undisclosed

Investors

Atlas Venture & 50 more

Ranked

1^st among 346 active competitors

Annual Revenue

$1B+ as on Dec 31, 2025

Employee Count

5,802 as on Sep 30, 2026

Investment & Acquisitions

Railbird & 12 more

Similar Companies

MPL & 622 more

Exit Details

Public

View DraftKings' full profile

DraftKings is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DRAFTKINGS INC. CIN: 1883685 , United States, Active	Jun 08, 2011	$1B+ (As on Dec 31, 2025)	-	-
DRAFTKINGS, INC CIN: 463584674 , United States, Active	Dec 31, 1999	-	3403 (As on Dec 31, 2024)	-

DraftKings got listed on Jul 25, 2019.

Click here to take a look at DraftKings's IPO in detail

DraftKings has raised a total funding of $719M over 9 rounds. Its first funding round was on Jul 18, 2012. Its latest funding round was a Post IPO round on Sep 02, 2020 for an undisclosed amount. 1 investor participated in its latest round. DraftKings has 50 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of DraftKings:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 02, 2020	Undisclosed	Post IPO	-	-	-	Michael Jordan
Mar 09, 2017	$119M	Series E	$1B	-	Eldridge Industries	-
Sep 01, 2016	$154M	Series E	-	-	Revolution	-

Access funding benchmarks and valuations. Sign up today!

View details of DraftKings's funding rounds and investors

The founders of DraftKings are Jason Robins and Mayur Tadepalli. Jason Robins is the CEO of DraftKings.

Here are the details of DraftKings' key team members:

Jason Robins: Co-Founder & CEO of DraftKings and founder of 1 other company. They are also an angel investor in 17 startups.
Mayur Tadepalli: Co-Founder and Developer of DraftKings.

View details of DraftKings's Founder profiles and Board Members

DraftKings' employee count trend

DraftKings has 5,802 employees as of Sep 26. Here is DraftKings's employee count trend over the years:

Uncover DraftKings' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of DraftKings include MPL, FanDuel and Dream Sports. Here is the list of Top 10 competitors of DraftKings, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	DraftKings 2012, Boston (United States), Public	Platform providing online solutions for fantasy sports and sports betting	$719M	Atlas Venture, Schechter & 49 others	87/100
2nd	MPL 2018, Bengaluru (India), Series E	Operator of an online platform providing real money skill-based gaming	$401M	Peak XV Partners, Pegasus Tech Ventures & 73 others	81/100
3rd	FanDuel 2009, New York City (United States), Acquired	Developer of a fantasy platform for multiple sports	$416M	Bullpen Capital, Shamrock Capital Advisors ... & 42 others	81/100
4th	Dream Sports 2008, Mumbai (India), Series F	Provider of sports-related digital content, fantasy sports, and sports travel experiences	$942M	Tiger Global Management, Multiples Alternate Asset Management ... & 13 others	74/100
5th	Betr 2022, Miami (United States), Series A	Operator of a platform for fantasy sports, sportsbook, and arcade	$102M	Fuel Venture Capital, Florida Funders & 42 others	71/100
6th	PrizePicks 2007, Atlanta (United States), Acquired	Provider of online platform for fantasy sports	$850K	Phoenix Capital Ventures, The Players' Impact ... & 22 others	71/100
7th	Games24x7 2006, Mumbai (India), Series C	Operator of a platform providing Rummy, Fantasy Sports, and Ludo	$98.1M	Tiger Global Management, The Raine Group ... & 32 others	70/100
8th	Splash Sports 2021, Sacramento (United States), Series B	Operator of peer to peer gaming contests for sports fans	$28.6M	Counterview, Erik Seidel & 16 others	70/100
9th	Sleeper 2015, San Francisco (United States), Series C	Provider of an app-based fantasy sports platform for multiple sports	$68M	Utopian, Andreessen Horowitz & 12 others	69/100
10th	BalleBaazi 2017, Delhi (India), Series A	Platform offering fantasy sports games, enabling users to win real cash	$4.71M	Snapangel, Psm Group & 3 others	59/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on DraftKings's competitors? Click here to see the top ones

DraftKings has made 2 investments in companies including PickUp and Meadowlark Media. DraftKings has also acquired 11 companies including Railbird and Simplebet.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 22, 2025	Acquisition	Railbird	2021	New York City (United States)
Aug 28, 2024	Acquisition	Simplebet	2018	New York City (United States)
May 09, 2024	Acquisition	Sports IQ	2018	Vancouver (Canada)