Sleeper Raises $40M in Series C Funding

Sleeper, a San Francisco, CA-based fantasy sports company, raised $40m in Series C funding.

This round was led by Andreessen Horowitz with participation from angel investors including Klay Thompson (Thompson Family Foundation); Shane Battier; and Baron Davis, Byron Jones, Ros Gold-Onwude, Kevin Lin, Tim Chen, and Rich Kleiman and Kevin Durant.

Led by CEO Nan Wang, Sleeper is a fantasy sports app focused on bringing people together through sports and gaming with fantasy leagues covering the NFL, NBA, college basketball and League of Legends.

The company intends to use the funds to expand the game offerings on its platform and build a new feature called Wallet that will enable users to sync their preferred payment methods to the platform. 

FinSMEs

17/09/2021