Fantasy Network

Company Overview

Snapshot

Founded in February 2013 by Asaf Carmel and Barak Eisenstein, Fantasy Network operated with 1-10 employees. The company raised $3.15M across two funding rounds from two investors. Fantasy Network was acquired by Wilk Technologies in April 2021, leading to its closure.

Business overview

Fantasy Network is a technology company specializing in daily fantasy sports (DFS) white-label games for internet-gaming operators globally. The company offers a complete DFS platform, including support, services for game management, and optional marketing and mobile app development. It serves the media and entertainment industries, targeting gamers and consumers with its B2B and B2C business models.

Company Intelligence Q&A

What was Fantasy Network's exit event?

Fantasy Network was acquired by Wilk Technologies in April 2021, leading to its closure in May 2021.

What was Fantasy Network's last funding round?

Fantasy Network secured a Seed round in September 2016 from AltaIR Capital.

What strategic partnership did Fantasy Network form in 2016?

In June 2016, Fantasy Network partnered with Intelligent Gaming to provide Daily Fantasy Sports games to operators across Africa, aiming to expand market penetration in emerging markets. This partnership included providing software to Supabets, a major iGaming operator in Africa.

Did Fantasy Network pursue an IPO?

Fantasy Network conducted an Initial Public Offering (IPO) in February 2017 on the TASE stock exchange.

What was the outcome of Fantasy Network's planned merger with a blockchain company?

In June 2018, Fantasy Network cancelled its planned merger with a blockchain company following shareholder demands. This decision led to the dismissal of several board members and the appointment of new joint CEOs, with the company subsequently exploring opportunities in the cannabis sector.