DraftKings Inc. is an American gambling company based in Boston, Massachusetts. It offers sportsbook and daily fantasy sports (DFS) services. The company was originally launched in 2012 as a DFS provider, competing principally with the New York–based FanDuel. In May 2018, amid the widening legalization of sports betting in the United States, DraftKings began to expand into online and retail sportsbooks to leverage its brand awareness and customer base. DraftKings became a publicly traded company through a reverse merger with SBTech, a Bulgarian technology company, and special-purpose acquisition company Diamond Eagle Acquisition Corp in April 2020. Draft Kings is known as one of the biggest sportsbooks and holds a big portion of the market share in the economy. Draft kings is legal in 26 states as of December of 2025
DraftKings has received investment from 4 venture capital firms.
| Date | Round | Amount | Lead Investor |
|---|---|---|---|
| Aug 2025 | Growth | $250M | SoftBank Vision Fund |
DraftKings Inc. is an American gambling company based in Boston, Massachusetts.
DraftKings has received investment from Courtside Ventures, Harris Blitzer Sports & Entertainment, Redpoint, Redpoint Ventures. These venture capital firms and investors provide both capital and strategic support.
DraftKings was founded in 2012 and is headquartered in Boston, Massachusetts.
DraftKings operates in the Consumer sector. DraftKings Inc. is an American gambling company based in Boston, Massachusetts.
