When was PrizePicks founded?

PrizePicks was founded in 2007 and raised its 1st funding round 13 years after it was founded.

Where is PrizePicks located?

PrizePicks is headquartered in Atlanta, United States.

Who is the current CEO of PrizePicks?

Adam Wexler of PrizePicks. They have also founded 1 company and are an angel investors in 1 startup.

How many employees does PrizePicks have?

As of Jun 30, 2026, the latest employee count at PrizePicks is 683.

Is PrizePicks a funded company?

PrizePicks is a funded company, having raised a total of $850K across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 07, 2020.

How much is PrizePicks worth?

The last known valuation of PrizePicks was $***** as of Sep 22, 2025.

When was the latest funding round of PrizePicks?

PrizePicks' latest funding was a $***** Seed round on Dec 01, 2021, with participation from 12 investors. Its primary sector is Sports Tech. In United States, the Sports Tech sector has seen $772M in funding in 2026 to date.

Where does PrizePicks rank among its competitors?

PrizePicks ranks 6th amongst 345 active competitors, of which 44 are funded. It stands 9th 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 PrizePicks?

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

PrizePicks - 2026 Company Profile, Team, Funding & Competitors

Q: Is PrizePicks an acquired company?

PrizePicks got acquired by Allwyn on Sep 22, 2025.

Company Details

Provider of online platform for fantasy sports. It offers multiple fantasy games such as football,ufc,baseball and others. It help users to choose preferred players and predict their match status to win rewards.

Website: www.prizepicks.com/
Social

Key Metrics

Founded Year

2007

Location

Atlanta, United States

Stage

Acquired

Total Funding

$850K in 3 rounds

Latest Funding Round

Seed, Dec 01, 2021, $*****

Last Known Valuation

$***** as on Sep 22, 2025

Investors

ThePostGame & 23 more

Ranked

6^th among 345 active competitors

Employee Count

683 as on Jun 30, 2026

Similar Companies

DraftKings & 621 more

Exit Details

Acquired by Allwyn (Sep 22, 2025)

View PrizePicks' full profile

PrizePicks got acquired by Allwyn on Sep 22, 2025 at an acquisition amount of $*****.

Click here to take a look at PrizePicks's acquisition in detail

PrizePicks has raised a total funding of $850K over 3 rounds. Its first funding round was on Jul 07, 2020. Its latest funding round was a Seed round on Dec 01, 2021 for $*****. 12 investors participated in its latest round. PrizePicks has 11 institutional investors and 13 angel investors.

Here is the list of recent funding rounds of PrizePicks:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 01, 2021	6715709	Seed	2347703	1042088	5692596	8372063
Jan 28, 2021	8590211	Seed	8357444	8671648	7748968	Phil Hellmuth & 4 more
Jul 07, 2020	8403994	Seed	4280361	6769969	1474191	AMJ Ventures & 1 more

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View details of PrizePicks's funding rounds and investors

The founders of PrizePicks is Adam Wexler.

Here are the details of PrizePicks' key team members:

Adam Wexler: Founder & CEO of PrizePicks and founder of 2 other companies, PrizePicks and Insightpool. They are also an angel investor in 1 startup.
Contact Info: 2 email addresses

View details of PrizePicks's Founder profiles and Board Members

PrizePicks' employee count trend

PrizePicks has 683 employees as of Jun 26. Here is PrizePicks's employee count trend over the years:

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Top competitors of PrizePicks include DraftKings, FanDuel and MPL. Here is the list of Top 10 competitors of PrizePicks, 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, Revolution & 49 others	88/100
2nd	FanDuel 2009, New York City (United States), Acquired	Developer of a fantasy platform for multiple sports	$416M	Bullpen Capital, Shamrock Capital Advisors ... & 42 others	82/100
3rd	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
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	73/100
5th	Betr 2022, Miami (United States), Series A	Operator of a platform for fantasy sports, sportsbook, and arcade	$102M	Florida Funders, Fuel Venture Capital & 41 others	72/100
6th	PrizePicks 2007, Atlanta (United States), Acquired	Provider of online platform for fantasy sports	$850K	MML 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	71/100
8th	Sleeper 2015, San Francisco (United States), Series C	Provider of an app-based fantasy sports platform for multiple sports	$68M	Utopian, General Catalyst & 12 others	68/100
9th	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	67/100
10th	Dream11 2008, Mumbai (India), Funding Raised	Online sports fantasy platform that allows users to create virtual teams of real players	-	Multiples Alternate Asset Management, Chimera ... & 1 others	65/100