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FanDuel

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FanDuel (http://www.fanduel.com), launched in July 2009, is now the leading daily fantasy sports game for NFL, MLB, NBA and NHL, targeting the 30+ million adult fantasy sports players in North America.

Traditional fantasy sports games require players to draft a team at the start of the season and then manage it all the way through the season. In our research we identified that consumers wanted a game that gave much more instant gratification. This led us to devise a game that would allow players to draft, play and win within a single day. Users pay entry fees to compete at a game of skill and the opportunity to win a cash prize. Entry fees start at $1 and go up to $535.

FanDuel is led by Nigel Eccles who formerly launched the Flutter.com betting exchange (acquired by Betfair) and also re-launched the Betdaq betting exchange. Additionally he spent 4 years with McKinsey & Co. The company currently has 30 employees and is headquartered in New York along with offices in Edinburgh, Scotland.

Milestones

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• 
  FanDuel added Lesley Eccles as Co-Founder, Marketing Director.
  Posted 2/21/12 at 1:33am
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  FanDuel added Paul Martino as Chairman of the Board.
  Posted 2/20/12 at 10:43am
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  FanDuel added Jeff Jarvis as Advisor.
  Posted 7/2/08 at 4:34am
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  FanDuel added Ian Ritchie as Investor.
  Posted 7/2/08 at 4:34am
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  FanDuel added Kevin Dorren as Chairman Investor.
  Posted 7/2/08 at 4:34am
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  FanDuel added Warrick Taylor as Board Advisor.
  Posted 6/11/08 at 9:52pm
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  FanDuel added Rob Jones as Creative Director.
  Posted 2/25/08 at 2:57pm
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  FanDuel added Chris Stafford as Technical Director.
  Posted 2/25/08 at 2:57pm
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  FanDuel added Nigel Eccles as Co-founder, CEO.
  Posted 2/25/08 at 2:57pm
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  FanDuel received $11M in Series C funding. (1/30/13)
  Posted 1/30/13 at 5:15am via venturebeat.com
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  FanDuel received $4M in Series B funding. (9/7/11)
  Posted 9/7/11 at 6:21pm via techcrunch.com
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  FanDuel received $1.2M in Series A funding. (1/14/09)
  Posted 1/14/09 at 11:57am via pentechvc.com
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  FanDuel received in Angel funding. (11/1/07)
  Posted 2/25/08 at 2:57pm via techcrunch.com

Videos

Screenshots

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Traffic Analytics

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Sources

1. Techcrunch UK (uk.techcrunch.com) [edit]
2. Hubdub Raises $1.2m Series A Funding (pentechvc.com) [edit]
3. Daily Fantasy Sports Site FanDuel Closes $4 Million Series B Investment (techcrunch.com) [edit]
4. FanDuel raises $11M for daily fantasy sports contests (venturebeat.com) [edit]