DRIVE BY DRAFTKINGS
DRIVE BY DRAFTKINGS is a Pre-seed, Seed, Series A and Series C+ fund in the US investing in sports-tech, entertainment, software-development, human-performance, sports-and-gaming, media-and-fan-engagement and data-analytics-and-monetization.
- Stages
- Pre-seed, Seed, Series A, Series C+
- Sectors
- sports-tech, entertainment, software-development, human-performance, sports-and-gaming, media-and-fan-engagement, data-analytics-and-monetization
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2019
- Assets under management
- $60M
- Website
- drivebydraftkings.com
Check size not disclosed
Thesis
DRIVE by DraftKings is a multi-stage venture capital firm founded in 2019 and headquartered in Boston, Massachusetts. The firm focuses on the SportsTech and Entertainment sectors, with a particular emphasis on software development. Their investment strategy is guided by four key themes: human performance, sports and gaming, media and fan engagement, and data analytics and monetization. DRIVE primarily invests in early-stage companies, from pre-seed to Series A rounds, though it is described as a multi-stage investor, with a geographic focus on the United States. The firm launched its first venture fund in October 2021, a $60 million fund that was oversubscribed. DRIVE benefits from strategic partnerships with DraftKings, General Catalyst, Accomplice, and Boston Seed Capital, providing superior deal flow, industry expertise, and a robust advisory network. Founders can pitch through the firm's website.
Common questions
Does DRIVE BY DRAFTKINGS invest at the Pre-seed stage?
Yes. DRIVE BY DRAFTKINGS lists Pre-seed, Seed, Series A and Series C+ among the stages it invests in.
Where does DRIVE BY DRAFTKINGS invest?
DRIVE BY DRAFTKINGS invests in the US.