Champions Round, a fantasy league startup that caters to Gen Z sports fans, announced today that it raised $7 million in new Series A funding.
The funding round will go towards developing a new “Creator Rooms” feature, which gives sports content creators the opportunity to engage further with younger players by creating content and fantasy sports games, whether that be hosting a combined two-week NHL and NBA snake draft, creating polls and more.
The Series A was co-led by Point72 Ventures and Goodwater Capital, with additional investments from Pipeline Capital, Quest Venture Partners, Mana Ventures, Band of Angels and Gaingels. To date, the company has raised $10 million.
Users, particularly Gen Z users, are moving away from traditional fantasy sports, where leagues are tied to entire seasons. Instead, many users are opting for daily fantasy sports (DFS), ...
