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PRIZEPICKS
PrizePicks
Sports Betting · Atlanta, Georgia · United States · Founded · 2018 · ≈ · 650 · employees

PrizePicks Company Profile

Acquired

PrizePicks has been acquired by Allwyn Daily fantasy sports platform. The equity is no longer independently traded.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
PrizePicks at a glance
Last valuation
Raised across rounds
$1.6B
5 rounds
Nearest Canborsa market
SP500—
SP500-PERP · live
PrizePicks
Valuation history

PrizePicks valuation history

PrizePicks has no published valuation.

Undated: Strategic investment at $2.5B (post-money).
Funding history

PrizePicks funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Seed
Jul 2020
$850K
—
Parlay Capital Holdings
—
Seed
Jan 2021
—
—
—
—
Seed
Dec 2021
—
—
Phoenix Capital Ventures, Australis Capital
—
Corporate Round
Mar 2023
—
—
Atlanta United
—
Strategic investment
—
$1.6B
$2.5B
Allwyn International AG
—
PrizePicks · investors

Investors

AAllwyn International AGLEADAAtlanta UnitedLEADPPhoenix Capital VenturesLEADAAustralis CapitalLEADPParlay Capital HoldingsLEADTiger GlobalInsight Partners
Is PrizePicks public?
Founded
2018
Jul 2020
Seed
Mar 2023
Corporate Round
IPO
Acquired
No longer independent.
PrizePicks at a glance
Total raised$1.6B
Lead investors
Allwyn International AGAtlanta UnitedPhoenix Capital VenturesAustralis Capital
IPO statusAcquired
Founded · HQ2018 · Atlanta, Georgia · United States
Employees≈ 650
About PrizePicks

PrizePicks is a daily fantasy sports platform where users pick over or under outcomes for player performance, team results and cultural events to win real money, and it holds the position of largest independently owned DFS operator in North America. The company originated as PredictPicks, developed by Adam Wexler in late 2014 and co-founded with Jay Deuskar, before its rename to PrizePicks in October 2018.

Headquartered in Atlanta, PrizePicks operates across most US states and offers Player Picks alongside Team Picks and Culture Picks through its PrizePicks Predict arm. In 2025 users won more than $31 million, and lottery operator Allwyn agreed to acquire a 62.3% stake in the company for roughly $1.5 billion.

The money screen · ranked by accessibility

How to get PrizePicks exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds PrizePicks.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. PrizePicks availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — PrizePicks included.

No account needed

PrizePicks stock — frequently asked questions

Who are PrizePicks's competitors?›

The closest sports betting peers are on the competitors page.

How can I get exposure to PrizePicks?›

The routes section explains what is realistically available for a company at this stage.

Is PrizePicks publicly traded?›

No. PrizePicks was acquired by Allwyn Daily fantasy sports platform; its shares do not trade independently.

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