Brooklyn-based fantasy sports app Underdog raised a $35M Series B at a $485M valuation, and plans to launch licensed sports betting in Ohio and Colorado in 2023 Katherine Sayre / Wall Street Journal : Wall Street Journal 2022-07-28 Katherine Sayre Wall Street Journal, Katherine Sayre, Brooklyn, Colorado, Ohio Related Coverage Underdog Raises Series B Funding With $485M Valuation Underdog Network Underdog Raises $35 Million in Funding, Valued at $485 Million Lineups Underdog raises $35m to pursue sports betting iGaming Business Fantasy Sports App Underdog Raises $35 Million Series B Funding Round SportTechie Underdog raises US$35m to expand beyond paid fantasy into sports betting SportsPro Underdog Seeks to Build Sports-Betting Business After $35M Funding Round Covers.com