Tech Company Financing Transactions
FanDuel Funding Round
FanDuel, based in New York, received $275 million from KKR, Bullpen Capital and CapitalG.
Transaction Overview
Company Name
Announced On
7/14/2015
Transaction Type
Venture Equity
Amount
$275,000,000
Round
Series E
Investors
KKR (Lead Investor) (Ted Oberwager)
Comcast Ventures (Andrew Cleland)
Pentech Ventures (Marc Moens)
Shamrock Capital Advisors (Michael LaSalle)
Proceeds Purpose
The financing will be used to increase customer acquisition efforts across the U.S., accelerate the introduction of new products, features and growth initiatives to serve the company's mission to create the ultimate fan experience, and to build out its industry-leading management team.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
19 Union Sq. West
New York, NY 10003
USA
New York, NY 10003
USA
Phone
Website
Email Address
Overview
FanDuel is the leader in one-day fantasy sports for money with immediate cash payouts, no commitment and leagues from as little as $1.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matthew King
Chief Financial Officer
Andrew Giancamilli
Chief Marketing Officer
Michael Raffensperger
Chief Technical Officer
Robin Spira
VP - General Counsel
Christian Genetski
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Next: 7/15/2015: Axial Healthcare venture capital transaction
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We report on every notable VC transaction. VC investment data records on this site are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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