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Chronicles

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Brooklyn-based Underdog, a fantasy sports and sports betting app, raised $70M in a first Series C tranche at a $1.23B valuation from Spark Capital

I'm incredibly excited to be part of this team — not just because of the headline … Jeremy Levine : Very excited to welcome Spark Capital to team Underdog! Bria Elly : Underdog is growing...like a lot.  And we have no plans of stopping 🚀  —  “Underdog, a Brooklyn-based fantasy sports and sports betting app … Samuel Baker : Big day over here at Underdog!  Hats off to everyone at UD for making this possible, building a great product, and running a thriving business. … Daniel Bay : big milestone for Underdog, but still so much more to do 🚀 🚀 🚀  —  “We're going to continue to invest in people and product — and as fast as we can. … Minh Pham : WHOA!  —  We just raised Series C funding (led by Spark Capital) at a $1.225B valuation, and the momentum is only building. …

Axios Dan Primack