StatHero, a multi-day survivor-based fantasy sports platform, announced a multi-million round of seed funding from Chicago-based family office Breslow Forsythe Group, LLC. The funds will be used for gameplay development and advanced marketing to build the brand and expand StatHero’s rapidly growing user base.
“StatHero’s mission is to take the time, commitment, and complexity out of DFS and provide a simpler game, better value and an improved experience for our users,” said StatHero CEO Jason Jaramillo. “We see a unique opportunity in the market to provide users who are frustrated with consistently losing on traditional daily fantasy games with a game that is actually designed for them to win. This seed funding is essential to helping us acquire the tools and resources we need to reach players looking for a superior alternative in this highly competitive industry.”
StatHero is a new daily fantasy site that combines the instant gratification of daily fantasy with the longevity value users can obtain from survivor pools. The user wins more the longer they survive. Officially launched in August 2020, StatHero currently has survivor-style games for the NFL, NBA, MLB, NASCAR and PGA.
“We could not be more excited about our decision to partner with StatHero,” said Robert A. Breslow, co-owner of Breslow Forsythe Group. “Not only did we invest in an incredible platform that has the potential for massive scalability and growth, but we are working with a powerhouse team that is dedicated to making StatHero a major player in the DFS industry.”
For more information on StatHero, please visit www.StatHero.com
About StatHero
Founded in 2018, StatHero is a multi-day survivor-style fantasy sports platform. StatHero users play against the StatHero (the House) - and not thousands of other users and professionals - thus providing greater opportunities to win. Due to StatHero’s unique and engaging survivor pool model, users achieve 2.5 times their buy-in value because of the multi-day format of the game. Beat StatHero and you advance, don’t, and you’re out. StatHero currently has games for NFL, NBA, MLB, NASCAR and PGA.
Contact DetailsMichael Adorno
+1 212-931-6143
Company WebsiteView source version on newsdirect.com: https://newsdirect.com/news/stathero-secures-seed-funding-from-breslow-forsythe-group-702532464.html
