Fantasy sports start-up seeks fresh funds; big-name investors saddle up
A fantasy sports developer and gambling newcomer with a register of high-profile backers has kicked off a search for fresh funding, calling in advisers from Henslow.
Street Talk understands Group1 Sports, founded by former Amcor ANZ general manager Simon Roy last year, is seeking to raise $3 million at a $7.5 million pre-money valuation. The company develops fantasy social games based on live sports events and employs a lotto-style prize pool, taking a clip of bets.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out more