When was Swoops founded?

Swoops was founded in 2022 and raised its 1st funding round within a year of its incorporation.

Where is Swoops located?

Swoops is headquartered in Remote, United States.

How many employees does Swoops have?

As of Sep 30, 2026, the latest employee count at Swoops is 9.

Is Swoops a funded company?

Swoops is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Apr 12, 2022.

When was the latest funding round of Swoops?

Swoops' latest funding was a $***** Series A round on Apr 12, 2022, with participation from 6 investors. Its primary sector is Sports Tech. In United States, the Sports Tech sector has seen $835M in funding in 2026 to date.

Where does Swoops rank among its competitors?

Swoops ranks 49th amongst 340 active competitors, of which 37 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 Swoops?

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

Swoops - 2026 Company Profile, Funding & Competitors

Swoops is a deadpooled company based in Remote (United States), founded in 2022. It operates as a Developer of a decentralized fantasy basketball platform. Swoops has raised $3.5M in funding from Courtside Ventures. The company has 340 active competitors, including 37 funded and 19 that have exited. Its top competitors include companies like DraftKings, FanDuel and Dream Sports.

Company Details

Developer of a decentralized fantasy basketball platform. It offers a platform where users can assemble players to create a team and compete against others. The players feature diverse DNA characteristics and attributes, randomly generated by the blockchain.

Website: playswoops.com
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Key Metrics

Founded Year

2022

Location

Remote, United States

Stage

Deadpooled

Total Funding

$3.5M in 1 round

Latest Funding Round

Series A, Apr 12, 2022, $*****

Investors

Courtside Ventures & 7 more

Ranked

49^th among 340 active competitors

Employee Count

9 as on Sep 30, 2026

Similar Companies

Gym Class & 27 more

View Swoops' full profile

Swoops has raised a total funding of $3.5M over 1 round. Its latest funding round was a Series A round on Apr 12, 2022 for $*****. 6 investors participated in its latest round. Swoops has 6 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Swoops:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 12, 2022	2443624	Series A	7442669	4675125	2872807	3390832

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View details of Swoops's funding rounds and investors

Swoops' employee count trend

Swoops has 9 employees as of Sep 26. Here is Swoops's employee count trend over the years:

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Top competitors of Swoops include DraftKings, FanDuel and Dream Sports. Here is the list of Top 10 competitors of Swoops, 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, Redpoint Ventures & 49 others	87/100
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	81/100
3rd	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 ... & 14 others	74/100
4th	PrizePicks 2007, Atlanta (United States), Acquired	Provider of online platform for fantasy sports	$850K	Phoenix Capital Ventures, The Players' Impact ... & 22 others	72/100
5th	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	72/100
6th	Sleeper 2015, San Francisco (United States), Series C	Provider of an app-based fantasy sports platform for multiple sports	$68M	Utopian, Telstra Ventures & 13 others	71/100
7th	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	71/100
8th	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
9th	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
10th	FantasySpin 2016, Montreal (Canada), Unfunded	App based fantasy sports platform	-	-	54/100
49th	Swoops 2022, Remote (United States), Deadpooled	Developer of a decentralized fantasy basketball platform	$3.5M	Alpaca, HBSE Ventures & 6 others	32/100