Splash Sports Secures $14.5 Million in Series B Funding to Expand in North America
Splash Sports Secures Significant Funding to Grow US Operations
Splash Sports, a prominent platform in skill-based social sports gaming, recently completed a Series B funding round, successfully raising $14.5 million. This capital infusion is aimed at boosting the company’s growth and expanding its reach throughout North America.
Details of the Investment and Strategic Partnerships
The funding round was led by Dream Ventures and saw investment from Boston Seed, Velvet Sea Ventures, Green Wave Ventures, and Evolution Partners. Additional support came from EP Golf Ventures, the investment branch of the PGA of America alongside Elysian Park Ventures, which will help deepen Splash Sports’ initiatives in the golf sector through collaborative activations.
With these new resources, Splash Sports plans to enhance its collection of social sports gaming options and strengthen its market presence in the United States and Canada.
Building on Past Success and Unique Platform Features
This latest fundraising builds on prior investments from notable backers such as Accomplice, K5, and major sports leagues including the NFL, NHL, and MLB. These partnerships have played an essential role in establishing Splash Sports’ footprint in the US market.
Unlike traditional daily fantasy sports (DFS) platforms or sportsbooks, Splash Sports offers players the ability to become commissioners themselves by running real-money contests. Users can create and manage games like Survivor, Pick ’Em, and Tiers contests, providing a hands-on experience that engages fans directly.
Additionally, the platform features a daily peer-to-peer QuickPicks game where participants have the chance to win prizes up to 50 times their entry stake, adding an exciting element to gameplay.
Leadership’s Vision for Deeper Fan Engagement
TJ Ross, co-founder and CEO of Splash Sports, expressed enthusiasm about the funding, highlighting the company’s dedication to making sports more interactive and bringing fans closer to live action. Ross emphasized that the new capital will support ongoing efforts to create value for both players and league or media partners.
He explained, “Our games empower fans to take control as their own commissioners, organizing contests around major sports events while helping media partners cultivate more engaged audiences.”
Richard Blankenship, founder and general partner of Dream Ventures, praised Splash Sports for carving out a distinct position in the sports gaming industry. He described the company as innovating for the modern sports fan by fostering a social, competitive, and community-centered environment. According to Blankenship, Splash Sports represents the next step in how audiences interact with live sports.
