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Recently Funded|Amount: USD 6.0M|Industry: Entertainment Providers

FanDuel Group Secures $6 Million in Seed Funding for Sports-Tech Innovation

FanDuel

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1,001-5,000 employees employees (Est.)
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In an exciting development for the sports-tech entertainment landscape, FanDuel Group has successfully raised $6 million in its latest funding round. As a leader in transforming how consumers connect with their favorite sports, teams, and leagues, FanDuel has garnered a substantial presence across all 50 states and boasts an impressive customer base of 17 million. With a diversified portfolio that includes gaming, sports betting, daily fantasy sports, advance-deposit wagering, and media offerings through brands like FanDuel, Stardust Casino, and TVG, the company continues to set industry standards. The funds raised will be strategically invested to enhance its technology and innovation capabilities, aimed at improving user experience and expanding its product offerings. Based in New York, with offices across the United States and in Scotland, FanDuel is positioned as the premier gaming destination in North America and is a subsidiary of Flutter Entertainment plc, the world’s largest sports betting and gaming operator. This infusion of capital underscores FanDuel's commitment to providing cutting-edge experiences and further solidifies its role as a trailblazer in the North American gaming space. As they continue to innovate and grow, fans and consumers can expect even more dynamic engagement opportunities with their favorite sports teams in the near future. For more information about FanDuel Group and its offerings, please visit [FanDuel's About Page](https://www.fanduel.com/about) or connect with them on social media platforms.
November 12, 2024

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