Fantasy Network

Internet Gaming Developer

Business Software
Acquired (Inactive) by Wilk Technologies on Apr 2021 - closed due to acquisition

Company Overview

Snapshot

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

Business overview

Fantasy Network is a technology company specializing in daily fantasy sports (DFS) white-label games for internet-gaming operators globally. The company provides a complete DFS platform, offering turnkey products that include support and services for game platform management, with additional marketing services and mobile app development available in fully managed packages. Operating through subsidiaries like Fantasy65 and DraftHero LLC, Fantasy Network serves the internet gaming industry by developing business software solutions that target diverse audiences worldwide.

Strategic signal

In June 2018, Fantasy Network announced a strategic pivot, abandoning its blockchain initiatives to explore opportunities within the cannabis activity sector. This move signals the company's adaptability and willingness to shift its core focus in response to emerging market trends, indicating a pursuit of new growth avenues beyond its initial daily fantasy sports offerings.

Company Intelligence Q&A

When was Fantasy Network acquired?
Fantasy Network was acquired by Wilk Technologies in April 2021, leading to its inactive status.
What was Fantasy Network's total capital raised?
Fantasy Network raised a total of $3.15M across two funding rounds.
What was Fantasy Network's Initial Public Offering (IPO) in February 2017?
Fantasy Network completed an Initial Public Offering (IPO) in February 2017, listing on the TASE under the ticker FNTS.
What strategic shift did Fantasy Network announce in 2018?
In June 2018, Fantasy Network announced it was abandoning its blockchain activities to explore opportunities in the cannabis sector.
When did Fantasy Network go public?
Fantasy Network completed an Initial Public Offering (IPO) in February 2017, listing on the TASE under the ticker FNTS.

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