PrizePicks
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PrizePicks - overview
Established
2015
Location
Atlanta, GA, US
Primary Industry
Software
About
Based in Georgia, US, and founded in 2015, Performance Predictions LLC, d. b. a. PrizePicks, is providing a Daily fantasy sports (DFS) platform.
PrizePicks was founded by CEO Adam Wexler. The latest venture funding was raised by the company from unspecified investors in January 2021. PrizePicks allows sports fans to play against other players and different variety of daily fantasy sports with the breadth of sports coverage of any DFS operator. The company's platform partners with sports channels to conduct bets against others by building a team of professional athletes from a particular league or competition and earn points based on the actual statistical performance of the players in real-world competitions.
PrizePicks' revenue is generated by the customer each month is close to $100. The company plans to increase staffing and grow the executive team, and for platform innovation, which will include several patents.
Current Investors
Phoenix Capital Ventures, The Players' Impact, Astralis Capital
Primary Industry
Software
Sub Industries
Gaming, Music & Video Streaming Software
Website
www.prizepicks.com/
Verticals
Mobile Apps
Total Amount Raised
Subscriber access only
PrizePicks - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | PrizePicks | - |
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PrizePicks - employee data
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