# DraftKings funding: rounds and investors > DraftKings has raised $1.5B across 10 rounds since 2012. Investors include Atlas Venture, Redpoint and Raine Ventures. Every round with its source. Source: https://millionrounds.com/company/draftkings (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *DraftKings* 10 rounds we have observed, with the 20 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Internet Sports Raised 12 months ago Funding summary Updated 26 Oct 2026 **$1.5B** raised across 10 rounds since 2012, from 10 sources **$1.4M** Seed **$7.0M** Series A **$3.0M** Venture **$24M** Series B **$41M** Series C **$300M** Series D **$150M** Round **$100M** Series E **$600M** Debt **$229M** Round - **Latest round:** Round, $229M Oct 2025 - **Biggest round:** $600M Debt · Mar 2025 - **Investors:** 20 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2012 2014 2016 2018 2020 2022 2024 **$1.4M** Seed **$7.0M** Series A **$24M** Series B **$41M** Series C **$300M** Series D **$150M** Round **$100M** Series E **$600M** Debt **$229M** Round - **First round:** Seed, $1.4M - **Biggest round:** $600M - **Usual gap between rounds:** 9 months ## The rounds - **Oct 2025** Round **$229M** No investor was named in the report. Filed with the SEC (Form D); no report of this raise yet SEC filing: $229M sold, first sale Oct 2025 - **Mar 2025** Debt **$600M** *3 new* *4 returning* [Redpoint](https://millionrounds.com/fund/redpoint) [Flybridge](https://millionrounds.com/fund/flybridge) [FirstMark](https://millionrounds.com/fund/firstmark) [Raine Ventures](https://millionrounds.com/fund/raine-ventures) [Notable Capital](https://millionrounds.com/fund/notable-capital) [ACME Capital](https://millionrounds.com/fund/acme-capital) [Eldridge](https://millionrounds.com/fund/eldridge) Source recorded SEC filing: $155M sold, first sale Dec 2024 - **Mar 2017** Series E **$100M** *1 new* [Eldridge](https://millionrounds.com/fund/eldridge) Reported by Forbes SEC filing: $119M sold, first sale Mar 2017 - **Sept 2016** Round **$150M** *1 new* [Revolution](https://millionrounds.com/fund/revolution) Reported by FinSMEs SEC filing: $154M sold, first sale Dec 2015 - **Jul 2015** Series D **$300M** *7 new* *2 returning* [Atlas Venture](https://millionrounds.com/fund/atlas-venture) [FirstMark](https://millionrounds.com/fund/firstmark) [Raine Ventures](https://millionrounds.com/fund/raine-ventures) [Melo7 Tech Partners](https://millionrounds.com/fund/melo7-tech-partners) [21st Century Fox](https://millionrounds.com/fund/21st-century-fox) [Kraft Group](https://millionrounds.com/fund/kraft-group) [Major League Baseball Ventures](https://millionrounds.com/fund/major-league-baseball-ventures) [National Hockey League](https://millionrounds.com/fund/national-hockey-league) [Major League Soccer](https://millionrounds.com/fund/major-league-soccer) From a historical funding record - **Aug 2014** Series C **$41M** *1 new* *3 returning* [Redpoint](https://millionrounds.com/fund/redpoint) [Atlas Venture](https://millionrounds.com/fund/atlas-venture) [GGV Capital](https://millionrounds.com/fund/ggv-capital) [Raine Ventures](https://millionrounds.com/fund/raine-ventures) From a historical funding record SEC filing: $41M sold, first sale Aug 2014 - **Nov 2013** Series B **$24M** *2 new* *3 returning* [Redpoint](https://millionrounds.com/fund/redpoint) [Atlas Venture](https://millionrounds.com/fund/atlas-venture) [GGV Capital](https://millionrounds.com/fund/ggv-capital) [BDS Capital](https://millionrounds.com/fund/bds-capital) [Jordan Mendell](https://millionrounds.com/fund/jordan-mendell) Reported by techcrunch.com SEC filing: $24M sold, first sale Nov 2013 - **Aug 2013** Venture **$3.0M** No investor was named in the report. Reported by venturedeal.com SEC filing: $9.8M sold, first sale Apr 2013 - **May 2013** Series A **$7.0M** *3 new* *2 returning* [Atlas Venture](https://millionrounds.com/fund/atlas-venture) [Boston Seed Capital](https://millionrounds.com/fund/boston-seed-capital) [BDS Capital](https://millionrounds.com/fund/bds-capital) [Jordan Mendell](https://millionrounds.com/fund/jordan-mendell) [Jason Robins](https://millionrounds.com/fund/jason-robins) Reported by finsmes.com SEC filing: $6.8M sold, first sale Apr 2013 - **Jul 2012** Seed **$1.4M** *2 new* [Atlas Venture](https://millionrounds.com/fund/atlas-venture) [Jordan Mendell](https://millionrounds.com/fund/jordan-mendell) Reported by masshightech.com ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Venture** 2013 **Series B** 2013 **Series C** 2014 **Series D** 2015 **Round** 2016 **Series E** 2017 **Debt** 2025 **Round** 2025 [Atlas Venture](https://millionrounds.com/fund/atlas-venture) [Redpoint](https://millionrounds.com/fund/redpoint) [Raine Ventures](https://millionrounds.com/fund/raine-ventures) [Jordan Mendell](https://millionrounds.com/fund/jordan-mendell) [GGV Capital](https://millionrounds.com/fund/ggv-capital) [FirstMark](https://millionrounds.com/fund/firstmark) [Eldridge](https://millionrounds.com/fund/eldridge) [BDS Capital](https://millionrounds.com/fund/bds-capital) [Flybridge](https://millionrounds.com/fund/flybridge) [Revolution](https://millionrounds.com/fund/revolution) ## Everyone who backed them [Atlas Venture](https://millionrounds.com/fund/atlas-venture) VC firm **5** rounds [Redpoint](https://millionrounds.com/fund/redpoint) VC firm **3** rounds [Raine Ventures](https://millionrounds.com/fund/raine-ventures) VC firm **3** rounds [Jordan Mendell](https://millionrounds.com/fund/jordan-mendell) VC firm **3** rounds [GGV Capital](https://millionrounds.com/fund/ggv-capital) VC firm **2** rounds [FirstMark](https://millionrounds.com/fund/firstmark) VC firm **2** rounds [Eldridge](https://millionrounds.com/fund/eldridge) Private equity **2** rounds [BDS Capital](https://millionrounds.com/fund/bds-capital) Investment firm **2** rounds [Flybridge](https://millionrounds.com/fund/flybridge) VC firm **1** round [Revolution](https://millionrounds.com/fund/revolution) VC firm **1** round [Notable Capital](https://millionrounds.com/fund/notable-capital) VC firm **1** round [Boston Seed Capital](https://millionrounds.com/fund/boston-seed-capital) Angel network **1** round [ACME Capital](https://millionrounds.com/fund/acme-capital) VC firm **1** round [Melo7 Tech Partners](https://millionrounds.com/fund/melo7-tech-partners) VC firm **1** round [21st Century Fox](https://millionrounds.com/fund/21st-century-fox) Corporate VC **1** round [Kraft Group](https://millionrounds.com/fund/kraft-group) Investment firm **1** round [Major League Baseball Ventures](https://millionrounds.com/fund/major-league-baseball-ventures) VC firm **1** round [Jason Robins](https://millionrounds.com/fund/jason-robins) Angel **1** round [National Hockey League](https://millionrounds.com/fund/national-hockey-league) Growth equity **1** round [Major League Soccer](https://millionrounds.com/fund/major-league-soccer) Growth equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=draftkings). ## Also claim to have backed them These 11 firms list DraftKings as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Accomplice](https://millionrounds.com/fund/accomplice) VC firm Per its own site [Data Point Capital](https://millionrounds.com/fund/data-point-capital) VC firm Per its own site [PJC](https://millionrounds.com/fund/pjc) VC firm Per its own site [Wildcat Capital Management](https://millionrounds.com/fund/wildcat-capital-management) Family office Per its own site [Smile Group](https://millionrounds.com/fund/smile-group) Venture studio Per its own site [Grit Capital Partners](https://millionrounds.com/fund/grit-capital-partners) VC firm Per its own site [Kosinski Ventures](https://millionrounds.com/fund/kosinski-ventures) Family office Per its own site [GoodPaper Ventures](https://millionrounds.com/fund/goodpaper-ventures) VC firm Per its own site [Next Round Capital Partners](https://millionrounds.com/fund/next-round-capital-partners) VC firm Per its own site [Ripple Capital](https://millionrounds.com/fund/ripple-capital) Family office Per its own site [World Solver](https://millionrounds.com/fund/world-solver) Investment firm Per its own site ## Quick answers about DraftKings ### Who invested in DraftKings? DraftKings's investors include Atlas Venture, Redpoint, Raine Ventures, Jordan Mendell and GGV Capital, and 15 more on record. ### How much has DraftKings raised? DraftKings has raised $1.5B across 10 rounds since 2012. ### When did DraftKings last raise? DraftKings's most recent round, $229M, was in Oct 2025. ### What was DraftKings's biggest round? DraftKings's largest round on record is $600M (Debt), in Mar 2025. ### Who backed DraftKings first? DraftKings's first round on record, in Jul 2012, was backed by Atlas Venture and Jordan Mendell. ### What stage is DraftKings at? DraftKings's latest named round is a Debt, in Mar 2025. ### Where is DraftKings based? DraftKings is based in the United States. ## Companies like DraftKings In the same sector, and raised in the last eighteen months. [**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)[**1World Online** $25M · Sept 2026](https://millionrounds.com/company/1world-online)[**Alma Mater** Sept 2026](https://millionrounds.com/company/alma-mater) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app