SportsLock fantasy sports secures $5 million in Series A funding

sportslock

Chicago based fantasy sports start-up SportsLock has confirmed that it has secured $5 million in Series A funding. The start-up founded by Ross Keral (CEO) and Todd Heyden (CRO), enters the burgeoning US fantasy sports market labelling itself as the ‘Customizable fantasy sports experience’.

SportsLock is aiming to establish itself as the leader in head to head tournament fantasy sports play, offering customers customizable league structures, in-play selection changes and better game value for consumers over those offered by established fantasy sports operators.

“Unlike the current daily games being offered in the space, we believe we’ve built a product that appeals to all sports fans, from casual to die-hard,” stated co-founder Todd Heyden.

“This round of funding is going to help attract an initial community of players looking for something new and fresh and ultimately assist in keeping social circles connected through sports – we’re excited to pick up the pace and get things moving!”

The start-up’s series A venture round was led by venture capitalist Wicklow Capital, and also featured investment from high level angel investors, including Former MLB Chief Operation Officer Robert Dupuy.

“From my time at MLB and after, I saw a massive number of pitches blending technology and sports,” said Dupuy. “When I saw SportsLock in Chicago at a tech fair, I knew immediately that they had a unique product that would have universal appeal.”

Check Also

Spotlight Sports Group fuels US expansion with Alarm Sports Network takeover

Spotlight Sports Group fuels US expansion with Alarm Sports Network takeover

Spotlight Sports Group has expanded its US offering after acquiring fantasy sports technology and media …

Paytm - Virat Kohli of India (c) leads of his victorious team during Day Four of the Second Test of the 2019 International Series between India and South Africa at the Maharashtra Cricket Association Stadium in Pune, India on 12 October 2019. ©Gavin Barker/BackpagePix

Paytm First Games: Lockdown lift and post-IPL player engagement

Around 60% of the weekly fantasy sports winners on Paytm First Games (PFG) hail from …

Livepools

Gaurav Assomull: Livepools – Fantasy numbers a realistic goal in India

Growing player numbers from 300,000 to 10 million in just two-and-a-half years may seem like …