# Fanstake

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fanstake

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.fanstake.com
- Total disclosed funding: $6.3M
- Latest round: Seed (Apr 29, 2025)
- Investors on record: 7

## About

Based in California, US, and founded in 2024 by Chief Executive Officer Greg Glass, co-founders Alex Boisvert, and Donnie Flood, Fanstake, Inc. is a software company providing a recruitment platform focused on facilitating fan participation in college athlete endorsement deals. In November 2024, Fanstake, Inc. raised USD 3 million in pre-seed funding co-led by Susa Ventures and Will Ventures.

Fanstake operates a recruitment platform to facilitate fan participation in athlete endorsement deals. The company’s offering enables fans to stake a financial amount on their preferred athletes be it recruits, transfer portal athletes, and current players to participate in their team in the next season. In addition, the firm platform allows athletes to choose the fan's school, and, in that case, the amount is released as part of the fan's endorsement deal, also it refunds the amount if athletes do not join. As of 2024, it offers a mobile application platform for smartphone users.

The company plans to use the funding from November 2024 to support the launch and operation of a Name, Image, and Likeness platform enabling fans to influence college athlete recruitment and retention.

## Funding rounds

- Seed, Apr 29, 2025, $6.3M — Scrum Ventures, Susa Ventures, Alumni Ventures Group, Courtside Ventures, Will Ventures, Myriad Venture Partners, inVest Ventures

## Investors

- Scrum Ventures (https://capitalatlas.ai/funds/scrum-ventures) — Seed
- Susa Ventures (https://capitalatlas.ai/funds/susa-ventures) — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- Courtside Ventures (https://capitalatlas.ai/funds/courtside-ventures) — Seed
- Will Ventures (https://capitalatlas.ai/funds/will-ventures) — Seed
- Myriad Venture Partners (https://capitalatlas.ai/funds/myriad-venture-partners) — Seed
- inVest Ventures — Seed