FantasyHub is a daily fantasy sports platform that offers players the opportunity to win money, while also supporting great causes.
Business Model: B2C
Revenue: $0
Employees: 1-10
Address:
City: Louisville
State: Kentucky
Zip:
Country: United States
FantasyHub is a Daily Fantasy Sports (DFS) platform that offers players the opportunity to win money, while also supporting great causes. On average, 5% of fantasy game winnings go to support the winner’s charity of choice, with the rest split between FantasyHub and the winners. The company&s;s charitable mission allows them to partner with some of the biggest names in sports to fuel our user acquisition. It has worked with over 30 Pro-Athletes who run games on FantasyHub to raise support for their foundations. Their athletes include Kurt Warner, Jalen Rose, Bo Jackson, and Albert Pu-jols. Combining their athlete games with traditional acquisition strategies, they are able to acquire users for $6; the industry averages $68. Its sponsored games with athletes deliver 100% of the net proceeds to charity. Instead of cash prizes in those games, fans win priceless experiences from athletes, including, meet-and-greets at games and autographed gear.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 8/2013 | Seed Round | $50k | 2/2015 | Pre Seed Round | 1 | $118k |
Techstars Techstars |
3/2015 | Convertible Note | 2 | $118k |
Techstars Right Side Capital Management Techstars Austin Accelerator Techstars Right Side Capital Management Techstars Austin Accelerator |
8/2014 | Seed Round | $60k | 1/2015 | Funding Round | 1 | - |
Cherub Fund Cherub Fund |
3/2014 | Seed Round | $50k | 1/2015 | Funding Round | 1 | - |
Cherub Fund Cherub Fund |
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