Insights

Regulatory expansion Underdog recently expanded into regulated derivatives via acquiring Aristotle’s assets and appointing a Chief Legal Officer, signaling a strategic move into compliant, scalable betting and trading operations that open cross-sell opportunities with regulated payment, compliance, and risk software providers.

Growth financed With substantial revenue and a $70M funding base, Underdog demonstrates solid capital availability to fuel partnerships, integrations, and platform enhancements, making it receptive to enterprise-level salesACC and technology stack investments.

Sports media reach A growing media network with former athletes, coaches, and analysts creates opportunities to upsell sponsorships, content distribution tools, and analytics partnerships to brands seeking amplified sports audience engagement.

Tech modernization Current tech stack includes adaptable tools (Webflow, JSON, TestRail, App Annie) and data/security partners (Sift), indicating openness to platform integrations, analytics, and fraud prevention solutions for a more robust consumer experience.

Strategic leadership Recent high-profile hires and leadership adjustments (Chief Legal Officer) align with a maturing corporate function, signaling readiness for enterprise-grade contracts, compliance programs, and risk management partnerships.

Underdog Tech Stack

Underdog uses 8 technology products and services including DoubleClick Floodlight, Cloudflare, React Router, and more. Explore Underdog's tech stack below.

  • DoubleClick Floodlight
    Advertising
  • Cloudflare
    Content Management System
  • React Router
    Javascript Frameworks
  • Webflow
    Page Builders
  • Node.js
    Programming Languages
  • Cloudflare Bot Management
    Security
  • Piwik PRO Core
    Web Analytics
  • Facebook
    Widgets

Underdog's Email Address Formats

Underdog uses at least 2 format(s):
Underdog Email FormatsExamplePercentage
First@underdogfantasy.comJohn@underdogfantasy.com
88%
First.Last@underdogfantasy.comJohn.Doe@underdogfantasy.com
9%
Last@underdogfantasy.comDoe@underdogfantasy.com
1%
FirstLast@underdogfantasy.comJohnDoe@underdogfantasy.com
2%

Frequently Asked Questions

What is Underdog's official website and social media links?

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Underdog's official website is underdogsports.com and has social profiles on LinkedInCrunchbase.

What is Underdog's NAICS code?

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Underdog's NAICS code is 7112 - Spectator Sports.

How many employees does Underdog have currently?

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As of July 2026, Underdog has approximately 560 employees across 6 continents, including North AmericaEuropeAsia. Key team members include Vice President - Vip & Player Experience: D. B.Business Owner: M. S. M.Vp, Business Operations & Chief Of Staff: W. S.. Explore Underdog's employee directory with LeadIQ.

What industry does Underdog belong to?

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Underdog operates in the Spectator Sports industry.

What technology does Underdog use?

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Underdog's tech stack includes DoubleClick FloodlightCloudflareReact RouterWebflowNode.jsCloudflare Bot ManagementPiwik PRO CoreFacebook.

What is Underdog's email format?

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Underdog's email format typically follows the pattern of First@underdogfantasy.com. Find more Underdog email formats with LeadIQ.

How much funding has Underdog raised to date?

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As of July 2026, Underdog has raised $115M in funding. The last funding round occurred on Mar 26, 2025 for $70M.

When was Underdog founded?

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Underdog was founded in 2020.
Underdog logo

Underdog

Spectator SportsNew York, United States501-1000 Employees

Underdog is a spectator sports company based in Brooklyn, New York, United States, founded in 2020, and it maintains a website at https://underdogsports.com. The company offers prediction markets, fantasy sports games, and a growing media network featuring former professional athletes, coaches, and analysts, along with breaking sports news. It employs roughly 501 to 1,000 people. In March 2026, Underdog acquired assets from Aristotle Inc., including a federally regulated derivatives exchange and clearinghouse. In May 2026, the company appointed Nick Lundgren as Chief Legal Officer. The business reports revenue in the range of $100 million to $250 million and has raised about $70 million in funding.

Section iconCompany Overview

NAICS Code
7112 - Spectator Sports
Founded
2020
Employees
501-1000

Section iconFunding & Financials

  • $115M

    Underdog has raised a total of $115M of funding over 4 rounds. Their latest funding round was raised on Mar 26, 2025 in the amount of $70Mas a series_c.

  • $100M$250M

    Underdog's revenue is estimated to be in the range of $100M$250M

Section iconFunding & Financials

  • $115M

    Underdog has raised a total of $115M of funding over 4 rounds. Their latest funding round was raised on Mar 26, 2025 in the amount of $70Mas a series_c.

  • $100M$250M

    Underdog's revenue is estimated to be in the range of $100M$250M

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