Sleeper

Sleeper

Fantasy sports platform with social features

About Sleeper

Simplify's Rating
Why Sleeper is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Consumer Software

Gaming

Company Size

51-200

Company Stage

Series C

Total Funding

$67.3M

Headquarters

San Francisco, California

Founded

2014

Overview

Sleeper operates a platform for managing fantasy sports leagues, particularly focusing on fantasy football and bracket pools. Users can engage with the platform through features like in-app chat, live game watching, and an easy-to-navigate design, which fosters communication and shared experiences among sports fans. Unlike many competitors, Sleeper does not rely on ads for revenue; instead, it offers premium features and services, such as advanced draft modes and customization options, to enhance the user experience. This focus on quality and user engagement has led to significant growth, with over 4 million users and high retention rates. Sleeper's goal is to create a social and immersive fantasy sports environment that keeps users engaged throughout the sports season.

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Simplify's Take

What believers are saying

  • Increased interest in women's sports offers expansion opportunities for Sleeper.
  • Blockchain integration can enhance security and transparency for Sleeper users.
  • The rise of micro-betting could boost user engagement on Sleeper's platform.

What critics are saying

  • New fantasy sports platforms with innovative features may erode Sleeper's market share.
  • Sports betting apps integrating fantasy elements may attract users from Sleeper.
  • Stricter data protection regulations could impact Sleeper's data-driven features.

What makes Sleeper unique

  • Sleeper offers an ad-free experience, unlike many competitors in the market.
  • The platform includes in-app chat and live game watching for enhanced user interaction.
  • Sleeper focuses on a premium user experience with advanced draft modes and customization.

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Funding

Total Funding

$67.3M

Above

Industry Average

Funded Over

0 Rounds

Benefits

Health Insurance

Unlimited Paid Time Off

401(k) Retirement Plan

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