Underdog Fantasy

Underdog Fantasy has raised a total of $115 million in funding over multiple rounds, reaching unicorn status with a $1.2 billion valuation in March 2025. Its latest Series C round of $70 million, closed on January 28, 2025, was led by Corner Ventures and BlackRock. Founded in 2020 and based in Brooklyn, United States, Underdog Fantasy operates a fantasy sports platform for football and basketball. With 588 employees, the company continues to scale rapidly in the sports tech industry.