
Underdog owns 1 brand in our database. Browse the complete portfolio of Underdog subsidiaries and brands across various industries.
Company Type
private
Headquarters
Brooklyn, New York, United States
Brand Portfolio
1 brands
Who owns Underdog?
Underdog is privately owned by founder and CEO Jeremy Levine and venture investors including Spark Capital, BlackRock, Acies Investments, SV Angel, Harris Blitzer Sports Entertainment, Mark Cuban, Kevin Durant, and Jared Goff.
Is Underdog a public company?
No. Underdog is private with no stock listing. Its last priced round was the March 2025 Series C at a $1.225 billion valuation.
When was Underdog founded?
Underdog was founded in February 2020 in Brooklyn by Jeremy Levine and seven colleagues from DRAFT, his previous fantasy company that Flutter had shut down.
What does Underdog own?
Underdog operates the Underdog Fantasy app, a licensed sportsbook in North Carolina, federally regulated prediction markets, and a media network. All share the Underdog brand and a single user wallet.
How much has Underdog raised?
The company has raised more than $140 million in total, including a $35 million Series B in 2022 and a $70 million first close of Series C in March 2025 at a $1.225 billion pre-money valuation.
Where is Underdog headquartered?
Underdog is headquartered in Brooklyn, New York, where it was founded.
No competing brands found in the same categories. This could be because Underdogoperates in unique market segments or we're still building our competitor database.
Underdog maintains a diverse portfolio of 1 brands across multiple industries. This comprehensive brand portfolio demonstrates the company's market presence and strategic business units.
For consumers and researchers interested in corporate ownership structures, understanding which brands are owned by Underdogprovides valuable insights into market dynamics, product relationships, and corporate strategy.