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Jackpocket - About the company

Jackpocket is an acquired company based in New York City (United States), founded in 2013 by Matt Silber. It operates as an Online platform for purchasing and participating in lottery tickets. Jackpocket has raised $194M in funding from investors like BlueRun Ventures, Greenspring Associates and The Raine Group. The company has 1041 active competitors, including 18 funded and 28 that have exited. Its top competitors include companies like California Lottery, Lottery and Jackpot.

Company Details

Online platform for purchasing and participating in lottery tickets. The platform enables users to purchase various lottery tickets like Megamillions, Powerball, etc. It offers features like in-app payments, etc. The mobile application is available for the Android platform.
Social
X
Key Metrics
Founded Year
2013
Location
New York City, United States
Stage
Acquired
Total Funding
$194M in 5 rounds
Latest Funding Round
Ranked
Employee Count
75 as on May 31, 2026
Similar Companies
Exit Details
Acquired by DraftKings (Feb 16, 2024)

Jackpocket's acquisition details

Jackpocket got acquired by DraftKings on Feb 16, 2024 at an acquisition amount of $*****.
Click here to take a look at Jackpocket's acquisition in detail
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Jackpocket's funding and investors

Jackpocket has raised a total funding of $194M over 5 rounds. Its first funding round was on May 12, 2015. Its latest funding round was a Series D round on Nov 09, 2021 for $*****. 12 investors participated in its latest round. Jackpocket has 34 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of Jackpocket:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 09, 2021
6282288
Series D
8169291
3749607
9585714
4953101
Feb 09, 2021
6764187
Series C
9520252
9103604
1286229
May 23, 2019
4028888
Series B
9431032
2987286
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Jackpocket's founders and board of directors

Founder? Claim Profile
The founders of Jackpocket is Matt Silber.
Here are the details of Jackpocket's key team members:

Jackpocket's employee count trend

Jackpocket has 75 employees as of May 26. Here is Jackpocket's employee count trend over the years:
Employee count trend for Jackpocket
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Jackpocket's Competitors and alternates

Top competitors of Jackpocket include California Lottery, Lottery and Jackpot. Here is the list of Top 10 competitors of Jackpocket, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for California Lottery
California Lottery
1984, Sacramento (United States), Unfunded
App-based lottery platform
-
-
64/100
2nd
Logo for Lottery
Lottery
2015, Austin (United States), Public
Online gambling platform offering lottery-based games
$20M
63/100
3rd
Logo for Jackpocket
Jackpocket
2013, New York City (United States), Acquired
Online platform for purchasing and participating in lottery tickets
$194M
60/100
4th
Logo for Jackpot
Jackpot
2016, Sliema (Malta), Series A
Online gambling platform offering casino and lottery games
$42M
55/100
5th
Logo for Georgia Lottery
Georgia Lottery
1992, Atlanta (United States), Unfunded
Provider of an online lottery platform
-
-
52/100
6th
Logo for Texas Lottery
Texas Lottery
1992, Austin (United States), Unfunded
Provider of an online lottery platform
-
-
51/100
7th
Logo for Lottoland
Lottoland
2013, Gibraltar (Gibraltar), Unfunded
Online platform for playing lotteries with real money
-
-
51/100
8th
Logo for Minnesota State Lottery
Minnesota State Lottery
1990, Roseville (United States), Unfunded
Provider of an online lottery platform
-
-
50/100
9th
Logo for Rhode Island Lottery
Rhode Island Lottery
1974, Cranston (United States), Unfunded
Provider of an app-based online lottery platform
-
-
50/100
10th
Logo for Svenska Spel
Svenska Spel
1997, Visby (Sweden), Public
Online lottery and betting platform
-
-
48/100
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Jackpocket's Investments and acquisitions

Jackpocket has made no investments or acquisitions yet.

Reports related to Jackpocket

Here is the latest report on Jackpocket's sector:

News related to Jackpocket

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FAQs about Jackpocket

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