Deals
Andreessen, Klay Thompson Bet on Fantasy Sports App Sleeper
- Startup’s existing backers reinvest to propel growth
- Company has NFL, NBA games, eyes Premier League, MLB and UFC
Golden State Warriors guard Klay Thompson, center, celebrates with guard Stephen Curry, left, in 2018 game against Chicago Bulls. (AP Photo/Kamil Krzaczynski)
Photographer: Kamil Krzaczynski/FR136454 APThis article is for subscribers only.
Sleeper, a fantasy sports startup, has more than quadrupled its valuation to $400 million after raising $40 million in a round led by Andreessen Horowitz.
Also participating were existing backers General Catalyst and Birchmere Ventures, and angel investors including Golden State Warriors star Klay Thompson, through the Thompson Family Foundation, Miami Dolphins cornerback Byron Jones and former NBA star Shane Battier.