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Underdog Fantasy

Entertainment Software · New York, NY · Founded 2020 · Privately Held (backing)

Developer of sports games designed for drafting football lineups. Underdog Fantasy is based in New York, NY and was founded in 2020. It was valued at $1.2 billion at its later-stage round in Mar 2025, the last priced event on record. It has raised $115 million across 1 recorded round; the latest was a $70 million Series C in Mar 2025.

PMV mark · valuation
$1.2B
Oct 2026
Priced at
its later-stage round
Mar 2025
Total raised
$115.0M
Last round
Later Stage VC (Series C)
Mar 2025

Underdog Fantasy key facts

as of Oct 2026
  • Developer of sports games designed for drafting football lineups.
  • Underdog Fantasy is valued at approximately $1.2B as of Oct 2026, set at its later-stage round, Mar 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $115.0M across 1 recorded rounds; the latest was Later Stage VC (Series C) ($70.0M) in Mar 2025.
  • Notable investors include Astir Ventures, Global Founders Capital, BlackRock, Impatient Ventures, Darco Capital — 50 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$1.2B

Valued at $1.2B at its later-stage round, Mar 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Underdog Fantasy funding rounds

1 rounds
Mar 2025Later Stage VC (Series C)$70.0M▮
Full funding history →

Underdog Fantasy valuation

Underdog Fantasy was valued at $1.2 billion at its later-stage round in Mar 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Underdog Fantasy raised?

Underdog Fantasy has raised $115 million in total; 1 of its rounds is on record. The largest on record was a $70 million Series C in Mar 2025.

Underdog Fantasy investors

50 investors are on record for Underdog Fantasy, including Astir Ventures, Global Founders Capital, BlackRock and Impatient Ventures. By type, the record holds 4 venture capital firms, 2 family offices and 2 private investors. The Series C in Mar 2025 drew 3 investors.

Comparable companies

Comparable entertainment software names by valuation on PrivateMarketView: Loom Games ($1 billion), Mythical Games ($425 million) and Cypher Games ($120 million).

About Underdog Fantasy

Developer of sports games designed for drafting football lineups. The company's games offer a fantasy football application for drafting football lineups, enabling users to get an entertaining way of competing and earning rewards.

Industry
Entertainment Software
Sector
Information Technology
HQ
New York, NY, United States
Founded
2020
Employees
60
Ownership
Privately Held (backing)

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