Action Network
Latest round
- Series B
Last raised
- Feb 2019
Total raised
- $18M
Investors
- 4
About Action Network
Based in California, the US and founded in 2017, Action Network, Inc. operating as The Action Network is a sports media company that provides in-depth betting content, tools, and analytics for sports fans. Brian Mead is the co-founder cum head of product and engineering and Patrick Keane is the current Chief Executive Officer of the company. The company has approximately 100 employees as of 2021. In May 2021, the company was acquired by Better Collective for USD 240 million. The company's website and industry-leading app offer professional storytelling and analysis, real-time odds, in-depth information on betting markets, customized alerts for consumers, and the opportunity to track bets. The company’s platform provides original news, premium insights, betting tools, data, and odds. The company generated about USD 15 million in revenue in 2020, primarily through subscriptions and affiliate revenue. The Action Network plans to deepen and expand its commercial partnerships with large US-based sportsbooks such as BetMGM, DraftKings, FanDuel, and PointsBet.
Who invested in Action Network
4 investors across 1 round
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Funding rounds
Series B
Feb 21, 2019
Amount
$18M
Investors
Questions about Action Network
Who invested in Action Network?
Action Network has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Action Network raised?
Action Network has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Action Network last raise money?
Action Network's most recent round on record is a Series B, in Feb 2019.
What does Action Network do?
Based in California, the US and founded in 2017, Action Network, Inc.
Where is Action Network headquartered?
Action Network is headquartered in Los Angeles, US.
Which VCs invest in companies like Action Network?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Action Network's stage. Their profiles are linked below.
VCs backing internet startups at Series B
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