PrizePicks

Daily fantasy sports platform for predictions

Atlanta, Georgia, United States

About PrizePicks

PrizePicks operates a daily fantasy sports platform where users can predict how well their favorite athletes will perform in various sports. Users choose between 2 to 5 players and decide if each will perform above or below a specific benchmark. The accuracy of these predictions determines the potential winnings, with users able to earn up to 10 times their entry fees. The platform is mainly aimed at sports fans in the United States and Canada, although some states have restrictions on participation. PrizePicks makes money through entry fees and offers real-money games, making it a popular option for fans who want to engage more with sports. The company has been recognized with several awards, including SBC Rising Star and Atlanta Top Workplace.

Atlanta, GeorgiaHeadquarters
2015Year Founded
$2.2MTotal Funding
SEEDCompany Stage
Fintech, Entertainment, GamingIndustries
501-1,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Paid Sick Leave
Paid Holidays
Flexible Work Hours
Performance Bonus
Company Social Events

Risks

Increased competition from new DFS platforms may dilute PrizePicks' market share.
Regulatory challenges could delay the launch of new games like 'Streak'.
Rapid expansion may strain resources and lead to operational inefficiencies.

Differentiation

PrizePicks offers a unique over/under prediction model in daily fantasy sports.
The platform covers the widest range of sports among DFS operators.
PrizePicks is the closest legal alternative to mobile sports betting in many U.S. states.

Upsides

PrizePicks' celebrity partnerships enhance brand visibility and user engagement.
The new 'Streak' game expands PrizePicks' offerings and market reach.
PrizePicks' expansion in Atlanta will create 1,000 new jobs, boosting local economy.

Funding

Total raised$2.22 M
Latest valuation$4.25 M
StageSEED
$1
$4.25 M