![]() Before DraftKings went public in 2020, it was the most-funded startup in the space - and it's held onto that crown. Here are the companies that have received the most funding to date: PitchBook tracked the VC deals among US startups in sports betting and online gambling dating back to 2006. ![]() Some early gaming innovators like Playdom and Sorteo Games, which received tens of millions in funding in the mid-2010s, have already closed their doors.ĭespite those cases, the online-betting market is still projected to grow for years to come, and there will continue to be more startups looking to use that potential growth as a reason to attract venture capitalists and angel investors. Have an account? Log in.īut history shows that not every startup will survive and thrive. ![]() This story is available exclusively to Business InsiderĪnd start reading now. Account icon An icon in the shape of a person's head and shoulders.
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