Fanstake, Inc
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Fanstake, Inc - overview
Established
2024
Location
San Francisco, CA, US
Primary Industry
Software
About
Based in California, US, and founded in 2024 by Chief Executive Officer Greg Glass, co-founders Alex Boisvert, and Donnie Flood, Fanstake, Inc. is a software company providing a recruitment platform focused on facilitating fan participation in college athlete endorsement deals. In November 2024, Fanstake, Inc. raised USD 3 million in pre-seed funding co-led by Susa Ventures and Will Ventures.
Fanstake operates a recruitment platform to facilitate fan participation in athlete endorsement deals. The company’s offering enables fans to stake a financial amount on their preferred athletes be it recruits, transfer portal athletes, and current players to participate in their team in the next season. In addition, the firm platform allows athletes to choose the fan's school, and, in that case, the amount is released as part of the fan's endorsement deal, also it refunds the amount if athletes do not join. As of 2024, it offers a mobile application platform for smartphone users.
The company plans to use the funding from November 2024 to support the launch and operation of a Name, Image, and Likeness platform enabling fans to influence college athlete recruitment and retention.
Current Investors
Susa Ventures, Will Ventures, Scrum Ventures
Primary Industry
Software
Sub Industries
Human Resources Services, e-Financial, Sales & Marketing Software
Website
www.fanstake.com
Verticals
Cloud Computing, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
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