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Tag Archives: investment

Fantasy Life Secures Major Funding to Transform the Fantasy Sports Experience

Fantasy Life, founded by prominent fantasy sports analyst Matthew Berry, recently raised $7 million in a seed funding round led by LRMR Ventures (the investment firm linked to LeBron James and Maverick Carter) and SC Holdings. The financing includes a range of high-profile backers such as Roger Ehrenberg, John Legend, David Blitzer, Gerry Cardinale, and Larry Fitzgerald Jr. 

This new capital will support multiple strategic initiatives including enhancing its technology and launching a reimagined platform called FantasyHQ. This personal dashboard will offer real-time player data and lineup tools. It will feature synchronizing across leagues, custom trade suggestions, waiver advice, and a consolidated second-screen scoreboard experience. 

A key part of the company’s expansion is Guillotine Leagues, a survival-style format for fantasy gaming that Fantasy Life acquired in 2024. The format removes the lowest-scoring team each week, releasing its players into the free-agent pool, adding drama and strategy that keeps users highly engaged. With the new funding, Guillotine Leagues will be more tightly integrated into FantasyHQ, positioning it as a growth engine for the platform.

Fantasy Life has seen rapid growth; since its 2022 launch, the company has recorded a 737 percent increase in revenue, including a 230 percent jump in the first half of 2025 alone. The company maintains strong media and brand collaborations, including partnerships with NBC Sports, LG, SiriusXM, Roku, Bud Light, Verizon, and DraftKings, reaching over 112 million households.

Fantasy Life is using the new funding to expand beyond content, developing tools and gameplay features for a more personalized fantasy sports experience.

Flying Taxis on the Horizon

While flying taxis may seem like the wave of the far off future, the F.A.A recently published a report delineating a plan for an air taxi market by 2028. Though there are many obstacles to overcome in order to create a market for air taxis, the FAA is confident about their 2028 start date. Air… Continue Reading

BI Trends for 2022

It seems that automation is permeating practically every aspect of our lives. From grocery shopping to banking, communicating to cooking—automation functions and platforms are making every task easier and accessible. And business intelligence (BI) is no exception. Automation is set to be one of the biggest trends in that industry in 2022. Alongside process automation,… Continue Reading

Funding Boost for NY Security Company

The New York City-based, BigID, a privacy and protection technology company, has raised $70 million in Series D funding. Salesforce Ventures and Tiger Global lead the investing this cycle. Longstanding supporters of BigID, Bessemer Venture Partners, Scale Venture Partners, and Boldstart Ventures put forth additional funding. Series A funding in January 2018 yielded $14 million… Continue Reading

Warren Buffett’s Berkshire Hathaway Becomes Bank of America’s Largest Shareholder

Warren Buffett has bought 700 million shares of Bank of America at a significantly reduced price, gaining more than $11 billion. The move comes after his $5 billion investment in 2011 when the bank was floundering, which left him with the option to purchase discounted shares by 2021. “I am impressed with the profit-generating abilities… Continue Reading

ETF-Managed Portfolios Gain Momentum

Customized managed portfolio strategies involving low-cost exchange traded funds (ETFs) are continuing to attract advisors and investors in 2014. A recent report from Morningstar revealed that ETF-managed portfolios saw a 40% increase in assets last year, reaching $96 billion. Other strategies with more than half of their assets in ETFs had similar results. ETFtrends.com explains… Continue Reading

Warren Buffet’s “Fundamentals of Investing”

Investment tycoon Warren Buffet recently shared an exclusive clip from his letter to Berkshire Hathaway shareholders, in which he lists the “fundamentals of investing”. Fortune Magazine shared Buffet’s points with the following bullets: You don’t need to be an expert in order to achieve satisfactory investment returns. But if you aren’t, you must recognize your… Continue Reading