Drive by DraftKings

Drive by DraftKings is a multi-stage venture capital firm that focuses on the intersection of sports, gaming, media, and human performance. Launched in 2019, the fund was founded by DraftKings in partnership with notable firms like General Catalyst, Accomplice, and Boston Seed Capital. Under the leadership of CEO Meredith McPherron, the firm has quickly become a leader in SportsTech and entertainment investments. Drive by DraftKings backs companies that push the frontier of fan engagement, human performance, and data-driven insights. They’ve invested in cutting-edge startups such as Whoop, FanPower, and Toya, positioning themselves at the core of technological transformation in the sports industry. With access to elite athletes, industry leaders, and sports organizations, they offer unique resources to their portfolio companies. The firm's investment strategy revolves around early to growth-stage companies, focusing on opportunities in esports, mobile sports betting, and AI-driven sports tech. With over $20 billion invested in their core sectors, Drive by DraftKings sees significant growth potential in the ongoing evolution of sports and media. The team includes influential figures like Kiki Mills Johnston (Partner) and advisors such as MLB executive Theo Epstein and NFL legend Larry Fitzgerald. Startups looking to partner with Drive by DraftKings benefit not only from capital but also deep industry connections and strategic insights.