# Jackpocket

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

- Industry: Software
- Headquarters: New York, US
- Website: www.jackpocket.com
- Total disclosed funding: $197M
- Latest round: Series D (Nov 9, 2021)
- Investors on record: 21

## About

Founded in 2013 and based in New York, US, Jackpocket, Inc. provides players a way to order official state lottery tickets through the mobile application. Mr. Peter Sullivan, the CEO founded the firm which has won regulatory approval in New York and New Jersey in 2020. The firm has also raised a total funding of USD 79.6 million as of March 2021. In February 2024, DraftKings, Inc. agreed to acquire Jackpocket, Inc. for USD 750 million.

Jackpocket, Inc. provides a mobile application for purchasing lottery tickets and allows users to place orders for their favorite games, check lottery results, join lottery pools with other players, and turn on autoplay so the users will never miss a drawing. The firm's platform allows 18 years old and above users to buy and join lottery tickets and games.

Jackpocket, Inc. grew 4x in 2020 and sold 7% of all Powerball tickets after launching in New York in January 2021.

The firm plans to use its Series C funding in February 2021 to support the user expansion as they add new campaigns and a series of new additions to their team.

## Funding rounds

- Series D, Nov 9, 2021, $120M — Greenspring Associates, BlueRun Ventures, The Raine Group, Digital Currency Group, Anchor Capital, Gaingels, PROOF.VC, 7GC, Conductive Ventures, Left Lane Capital, Santa Barbara Venture Partners
- Series C, Feb 9, 2021, $50M — Greenspring Associates, BlueRun Ventures, Circle K, The Raine Group, Anchor Capital, Touchdown Ventures, Tegna, Inc., Gaingels
- Series B, May 23, 2019, $5M — DCM, BlueRun Ventures, Bullpen Capital, Digital Currency Group, Reston venture capital, Subversive Capital, PROOF.VC, Conductive Ventures
- Series B, Oct 30, 2018, $16M — DCM, BlueRun Ventures, Bullpen Capital, Digital Currency Group, Subversive Capital, Conductive Ventures
- Series A, Jun 1, 2016, $5.5M — Bullpen Capital, Subversive Capital, Grit Capital Partners
- Seed, Apr 1, 2014, $0.1M — Kima Ventures, Interplay

## Investors

- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed
- Interplay (https://capitalatlas.ai/funds/interplay) — Seed
- Bullpen Capital (https://capitalatlas.ai/funds/bullpen-capital) — Series A, Series B
- Subversive Capital (https://capitalatlas.ai/funds/subversive-capital) — Series A, Series B
- Grit Capital Partners (https://capitalatlas.ai/funds/grit-capital-partners) — Series A
- DCM (https://capitalatlas.ai/funds/dcm) — Series B
- BlueRun Ventures (https://capitalatlas.ai/funds/bluerun-ventures) — Series B, Series C, Series D
- Digital Currency Group (https://capitalatlas.ai/funds/digital-currency-group) — Series B, Series D
- Conductive Ventures (https://capitalatlas.ai/funds/conductive-ventures) — Series B, Series D
- Reston venture capital — Series B
- PROOF.VC (https://capitalatlas.ai/funds/proof-vc) — Series B, Series D
- Greenspring Associates (https://capitalatlas.ai/funds/greenspring-associates) — Series C, Series D
- Circle K — Series C
- The Raine Group (https://capitalatlas.ai/funds/the-raine-group) — Series C, Series D
- Anchor Capital — Series C, Series D
- Touchdown Ventures (https://capitalatlas.ai/funds/touchdown-ventures) — Series C
- Tegna, Inc. — Series C
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series C, Series D
- 7GC (https://capitalatlas.ai/funds/7gc) — Series D
- Left Lane Capital (https://capitalatlas.ai/funds/left-lane-capital) — Series D
- Santa Barbara Venture Partners (https://capitalatlas.ai/funds/santa-barbara-venture-partners) — Series D