$14.5 Million Series B Closed For Bettering Social Sports Gaming Platform

Splash Sports, a number one skill-based social sports activities gaming platform, introduced that it has raised $14.5 million in Series B funding to speed up its development throughout the U.S. and Canada. The funding spherical was led by Dream Ventures with participation from Boston Seed, Velvet Sea Ventures, Green Wave Ventures, and Evolution Partners. The spherical additionally included participation from EP Golf Ventures, a partnership between the PGA of America and Elysian Park Ventures, the personal funding arm affiliated with the Los Angeles Dodgers possession group.

This strategic funding will additional improve Splash’s place within the fast-growing golf gaming sector and open doorways to future collaborations with sports activities leagues, groups, and media organizations.

The new capital will help Splash’s growth in three key areas: scaling its commissioner and person base, advancing product improvement, and strengthening partnerships with media entities, groups, and leagues. The firm plans to deepen its presence throughout main sports activities markets and broaden its affect within the evolving peer-to-peer sports activities gaming ecosystem.

Splash Sports has already demonstrated robust momentum. The firm hosted over $6.4 million in assured contests for this NFL season—representing a 500% improve year-over-year—and continues to develop the infrastructure that permits anybody to create and run their very own real-money sports activities contests. The platform’s versatility has attracted a various person base, from informal family-run NFL survivor swimming pools to skilled sports activities media manufacturers, groups, and leagues in search of to have interaction audiences and monetize fan interplay.

Through partnerships with high-profile personalities and organizations, Splash has positioned itself because the platform the place fandom meets competitors. The firm has collaborated with tv host Nick Wright, poker legend Phil Hellmuth, and golf icon John Daly, amongst others, to host contests that make sports activities engagement extra accessible and community-oriented.

Unlike conventional fantasy platforms or sportsbooks, Splash empowers followers to be their very own commissioners—working peer-to-peer, real-money contests throughout 44 U.S. states, D.C., and Canada. Its choices embody fashionable codecs akin to Survivor, Pick ’Em, and Tiers contests for main tournaments just like the PGA Majors, in addition to FastPicks, a every day peer-to-peer mode the place customers choose “More or Less” predictions on participant performances for the possibility to win as much as 50x their entry.

The firm, based via the acquisition of RunYourPool and OfficeFootballPool, has beforehand raised capital from early backers together with Accomplice, K5, and a number of homeowners throughout the NFL, MLB, and NHL. With this new funding, Splash goals to increase its lead in community-based sports activities gaming and discover new frontiers in entertainment-driven competitors.

KEY QUOTES:

“We’ve seen countless media companies and leagues invest in new sports rights, but in order to justify such support, an element of interactivity and engagement that brings fans closer to the action is crucial. This funding round allows us to continue to do just that through our real-money contests and partnerships with leading media companies, teams, and leagues. Our games allow every fan to be their own commissioner and coordinate their own contests for sports’ biggest moments while simultaneously developing deeper audiences for media partners.” ****

TJ Ross, CEO and Co-Founder of Splash Sports

“Splash is carving out a powerful niche in the sports gaming market. They’re building for the modern fan — social, competitive, and community-first. This is the next evolution of how people engage with live sports.”

Richard Blankenship, Founder and General Partner at Dream Ventures