# Props2Fantasy.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/props2fantasy-com

- Industry: Internet
- Headquarters: New York, US
- Website: www.thrivefantasy.com
- Total disclosed funding: $1M
- Latest round: Seed (Jun 30, 2020)
- Investors on record: 3

## About

Based in New York, Props2Fantasy.com, Inc. is a U.S.-based company specializing in daily fantasy sports, providing a user-friendly platform for player prop betting, enhancing the fantasy sports experience for enthusiasts.Founded in 2016, Props2Fantasy.com, Inc. operates a platform focused on daily fantasy sports and player prop betting. The company has completed a total of 3 deals, with the most recent funding round occurring on September 16, 2021, when it raised USD 3.000 mn led by Shore Capital Partners, with participation from Reflect Ventures, Stage 1 Ventures, and Yolo Investments. Adam Weinstein serves as both the CEO and founder of the company, steering its direction since inception.ThriveFantasy specializes in daily fantasy sports, offering a platform for engaging in player prop betting. Users can easily build fantasy entries focused on the performance of athletes across various leagues, appealing to sports betting enthusiasts who seek a simplified, engaging fantasy experience. The platform is compliant with U.S. legal gaming regulations and primarily targets individuals aged 18 and over, cultivating a customer base of dedicated sports fans in North America.ThriveFantasy generates revenue through customer deposits and entry fees for fantasy contests. Users are incentivized to partake with promotional offers such as a 100% first deposit match. The platform's transactional model fosters direct consumer engagement, creating a vibrant marketplace for fantasy sports. Additionally, revenue may be enhanced through partnerships and affiliate programs, which drive user participation and engagement.In September 2021, Props2Fantasy.com, Inc. raised USD 3.000 mn in funding to support its growth initiatives. The company plans to leverage this funding to acquire strategic talent, strengthen various sports and esports partnerships, and drive significant user growth. While specific new product launches have not been detailed, the company is actively working to expand its market presence and enhance its offerings to cater to a growing user base.

## Funding rounds

- Seed, Jun 30, 2020, $1M — Stage 1 Ventures, New York Venture Partners, New York Angels

## Investors

- Stage 1 Ventures (https://capitalatlas.ai/funds/stage-1-ventures) — Seed
- New York Venture Partners (https://capitalatlas.ai/funds/new-york-venture-partners) — Seed
- New York Angels (https://capitalatlas.ai/funds/new-york-angels) — Seed