Champions Round, a fantasy sports app for Gen Z, raised a $7M Series A.
The company plans to use the funds to work on its "Creator Rooms" feature, which would enable sports creators to engage with users through snake drafts and polls.
The round was co-led by Point72 Ventures and Goodwater Capital, with participation from Pipeline Capital, Quest Venture Partners, and Mana Ventures, among others.
- According to the Fantasy Sports & Gaming Association, over 30 million people in the U.S. participate in daily fantasy sports games.
- Champions Round has received funding from athletes, including former NBA point guard Baron Davis and New Orleans Saints safety Tyrann Mathieu, among others.