PrizePicks

Atlanta, Georgia, United States Consumer Internet Acquired

PrizePicks, legally operated by SidePrize LLC (also known as Performance Predictions LLC), is the largest daily fantasy sports (DFS) operator in North America. Headquartered in Atlanta, Georgia, the company is known for its simplified 'pick'em'-style skill-based fantasy games, peer-to-peer tournament formats, and free-to-play offerings that let fans test their sports knowledge across more than 45 U.S. jurisdictions. Founded in 2015 by Adam Wexler and Jay Deuskar, PrizePicks has grown to millions of monthly active users and generated Adjusted EBITDA of USD 339 million in the 12 months to June 2025 with revenue growth of over 60% year-on-year. In January 2026, European lottery-led gaming company Allwyn completed the acquisition of an approximately 62.3% majority stake, with PrizePicks operating as a standalone brand within Allwyn.

Acquired

PrizePicks has been acquired

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2015

Employees

501–1,000

Latest Valuation

$2.5B

December 1, 2021

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 05-30-2026

Latest Round

Type

Strategic / Seed-extension

Date

December 1, 2021

Amount

Valuation

Lead Investors

Phoenix Capital Ventures

Leadership

  • Mike Ybarra

    Chief Executive Officer

  • Adam Wexler

    Co-Founder & Executive Chairman

  • Jay Deuskar

    Co-Founder & Chief Technology Officer

  • Renee White

    Chief People Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Underdog Fantasy

    US-based daily fantasy sports operator best known for pick'em and best-ball contests; one of PrizePicks' closest direct rivals in the pick'em category.

  • Sleeper

    Fantasy sports app offering league management plus a pick'em product (Sleeper Picks) that competes directly with PrizePicks in several US states.

  • DraftKings (Pick6)

    Public daily fantasy and sportsbook operator whose Pick6 product directly competes with PrizePicks' pick'em format.

  • FanDuel (Picks)

    Major US fantasy and sports-betting operator (subsidiary of Flutter Entertainment) whose FanDuel Picks pick'em product competes with PrizePicks.

  • Boom Fantasy

    Daily fantasy sports operator with a pick'em-style product positioned as a PrizePicks alternative.

  • Betr Picks

    Microbetting and pick'em fantasy operator competing in the same DFS pick'em segment as PrizePicks.

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Data collected with AI, which can make mistakes. Please double-check this information.