DraftKings is a digital sports entertainment company operating daily fantasy sports contests, legal sports wagering, and online casino gaming. The company combines real-time statistics, mobile-first design, and live-settlement contests to deliver multi-sport gaming experiences. Following PASPA repeal in 2018, DraftKings expanded from daily fantasy sports into regulated online sports betting and iGaming, listing publicly in 2020.
DraftKings is publicly traded
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2012
Employees
5,100–5,700
Total Funding
$373.4M
5 rounds
Latest Valuation
$1.2B
July 2015
Total raised $373.4M across 5 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series D
Date
July 2015
Amount
$300M
Valuation
$1.2B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| July 2015 | Series D | $300M | $1.2B | Fox Sports |
| August 2014 | Series C | $41M | — | The Raine Group |
| November 27, 2013 | Series B | $24M | — | Redpoint Ventures |
Jason D. Robins
Co-Founder, Chief Executive Officer, and Chairman
Matthew Kalish
Co-Founder, President (DraftKings North America) / Director
Paul Liberman
Co-Founder, Chief Operations Officer, President (Global Technology and Product) / Director
Jason Park
Chief Financial Officer
Harry Evans Sloan
Vice Chairman of the Board
Competitor list is illustrative and may be incomplete, stale, or erroneous.
FanDuel
Leading U.S. sportsbook operator with 44% market share in gross gaming revenue as of Q1 2026. FanDuel operates daily fantasy sports and regulated online sports betting nationally.
BetMGM
Third-largest U.S. sportsbook with approximately 14% market share. Operates regulated online sports betting and casino gaming across multiple jurisdictions.
Caesars Sportsbook
Regional sportsbook operator with approximately 4.17% market share. Operates under the Caesars Entertainment brand with regulated sports betting and gaming.
Fanatics Sportsbook
Emerging sportsbook competitor with 5.14% market share. Leverages Fanatics' sports merchandise and apparel brand to compete in online sports betting.
DraftKings completed a three-way business combination with Diamond Eagle Acquisition Corp. (SPAC) and SBTech Global Ltd., closing on April 24, 2020. The combined company began trading on the Nasdaq Global Select Market under ticker DKNG with an anticipated equity value of $3.3 billion and over $500 million in unrestricted cash. The company achieved profitability in 2025 with $6.055 billion in revenue and $620 million in adjusted EBITDA.
DraftKings shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.
DraftKings had a valuation of approximately $1.2B at the time of its public offering. Current market capitalization fluctuates with the share price.
DraftKings raised $373.4M across 5 disclosed funding rounds prior to its public listing.
DraftKings was co-founded by Jason D. Robins, Matthew Kalish, and Paul Liberman in 2012.
DraftKings is headquartered in Boston, Massachusetts, United States.
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