A $4 million seed round has been raised for FanUp, a social media-styled fantasy sports software. Accomplice, a venture capital firm that also owns DraftKings, Whoop, and the mobile gaming platform Skillz, was one of the round’s investors.
The FanUp iOS app has reportedly garnered 100,000 users and generated more than $5 million in income since its launch in February. The app includes a social feed so users can see other people’s picks, as well as a points system that rewards users for likes and comments on postings.
FanUp’s fantasy sports competitions include the NFL, NBA, MLB, Indian Premier League, and esports. DraftKings soft-launched a social network on its website earlier this year to encourage more engagement between bettors and fantasy players.
- RTFKT, a virtual sneaker brand, is now part of Nike’s Metaverse inventory.
- Kevin De Bruyne of Manchester City joins Balln as an ambassador for the soccer training app.
ParkHub CEO George Baker is also an investor in FanUp. Others funding the startup include theScore investor John Albright, Alumni Ventures Group and the Carpenter family—who owned MLB’s Philadelphia Phillies from 1943 to 1981.
