Total Equity Funding
Undisclosed Amount in 1 Round from 1 Investor
Most Recent Funding
Seed on June 1, 2007 / Undisclosed Amount
Campbell, California
DraftMix is an online platform allowing fantasy sports enthusiasts to play pickup games against other players for real and virtual money.
Fantasy Sports, Sports, Venture Capital

Company Details


On DraftMix fantasy sports fans can sign up and play pickup games against other players on the site for virtual dollars or for real money . Open games are listed in a lobby, where players can sign up in groups ranging from 4 to 10 players each paying into a prize pool. DraftMix also ponies up a nightly cash prize for a free game as well.

When a game is full, players pick their teams from active profession players. Each fantasy manager's team is scored on their players stats in the upcoming "real world" games. Since stats are needed to find the winning team, the time it takes to finish a game varies by sport. Football fantasy games are finished weekly, since all the teams play each Sunday. Basketball can finish a bit faster since teams play daily. The manager with the most points wins the money pot, with 10% of real cash games going to DraftMix.

Now all this may sound fine playing fantasy sports for fantasy dollars, but doesn't bringing real money into play amount to internet gambling? No, says co-founder Matt Maroon, who points the the fantasy sports exemption in the Internet Gambling Prohibition and Enforcement Act. The act, which was a big blow to sites like PartyPoker, specifically exempts "participation in any fantasy or simulation sports game or educational game or contest". Fantasy sports is seen as a game of skill and played for a fixed cash prize. Although a quick perusal of the exemption leaves feeling they're at least bending the rules.

Also in the realm of fantasy sport startups are Screaming Sports and Fleaflicker.

Funding Rounds (1) - undisclosed

DateAmount / RoundValuationLead InvestorInvestors
Jun, 2007undisclosed amount / Seed1

Investors (1)


Current Team (4)


Products (1)

  • DraftMix allows fantasy sports enthusiasts to play often, giving them the chance to draft a new team up to everyday.

News (2)


Competitors (1)

  • Screaming Sports offers a social networking service designed specifically for fantasy sports players.

Offices/Locations (1)

  • Office

    Campbell, California

    United States

Past Team (1)


Add Acquisitions

Add Board Members and Advisors

Add Sub Organizations

Add Memberships

Add Customers

Add Partners

Add Images

Add Videos