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

Who backs Underdog Fantasy?

50 investors
InvestorType
Astir VenturesVenture capital
Global Founders CapitalVenture capital
BlackRockOther
Impatient VenturesVenture capital
Darco CapitalFamily office
Electric Feel Ventures—
Claridge Venture PartnersFamily office
Hanfield Venture PartnersVenture capital
Fortius Ventures—
David BlitzerHigh net worth
+ 40 more investors · a free account shows the complete list
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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.

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