PrizePicks has raised $1.6B across 4 funding rounds, plus 1 undated round.
PrizePicks has been backed by Tiger Global and Insight Partners. In January 2026, lottery operator Allwyn completed the purchase of a 62.3% stake in the company for approximately $1.5 billion, its largest capital event to date.
4 funding rounds, the latest highlighted.
PrizePicks was founded in 2018, United States.
No date is disclosed for this round.
AMJ Ventures and notable angel investors including Phil Hellmuth. $850K raised, led by Parlay Capital Holdings.
Notable angel backing from poker professionals Phil Hellmuth and Jack McLelland.
A primary round — the company sells new shares to investors it selects. Led by Phoenix Capital Ventures, Australis Capital.
No longer independent.
4 dated rounds, newest first.
Tiger Global
Insight PartnersThe closest sports betting peers are on the competitors page.
The routes section explains what is realistically available for a company at this stage.
No. PrizePicks was acquired by Allwyn Daily fantasy sports platform; its shares do not trade independently.
Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.
