TeamStake

What TeamStake does

TeamStake is a fantasy sports event and league management platform that enables individual commissioners to create, manage, and monetize real-money contests while providing participants with secure entry, payout, and dispute-resolution infrastructure. Founded in 2015 and acquired by StakeKings in 2024, the platform supports nine sports/format categories (Football, Golf, Basketball, Soccer, Baseball, Hockey, Racing, Poker, and Other) and explicitly markets itself to event creators beyond fantasy sports, including any industry needing real-money contest coordination. The technical stack is a self-serve web application combining an event catalog/marketplace, an event creation and management control panel, an integrated cashier supporting withdrawals in as little as 4 hours, member onboarding via invite links, and an arbitration service for league disputes. Distinctive features include Smart Rollovers for multi-season fund management, versatile controls for participant voting and cross-platform player notes (e.g., Sleeper), and a dedicated security team for fund safeguarding.

TeamStake operates a primarily product-led, community-driven go-to-market: commissioners discover and adopt the platform organically, request features that are built into the product, and their leagues generate word-of-mouth virality. The business model is freemium with an optional commission layer: commissioners may set a VIP Management Fee of up to 15% on entry pools, which is split 50/50 between the commissioner and TeamStake, and the VIP tier bundles 24-hour expedited payouts and arbitration services. The standard free tier monetizes indirectly through payment processing volume. At the time of the most recent data, TeamStake reports 647 live events/leagues, 15,857 total events processed, and $20M+ in cumulative prizes paid — figures that indicate steady, niche-scale operations rather than mass-market penetration. The 2024 StakeKings acquisition is positioned as a resource-expansion event, with shared account infrastructure already in place.

Name

TeamStake

Legal name

TeamStake

Website

https://teamstake.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

TeamStake is a self-serve fantasy sports and real-money event management platform, founded in 2015 and acquired by StakeKings in 2024, serving individual commissioners and participants with secure fund handling, multi-season league tools, and optional paid VIP management features.

Ownership category

akta.pro rank

Product category

Fantasy Sports Management Software

NAICS

Promoters of Performing Arts, Sports, and Similar Events (7113), Gambling Industries (7132)

SIC

Services-Amusement & Recreation Services (7900), Services-Membership Sports & Recreation Clubs (7997)

akta.pro industry

PRIMARYMPAEAHAB

Season-Long Fantasy Platforms & Commissioners

Media, Entertainment & Sports/Gambling, Betting & Casinos/Fantasy Sports (DFS & Season-Long)

SECONDARYMPAEAHAI

Fantasy Sports Monetization & Commerce (Subscriptions, Premium Tools, Marketplaces)

Media, Entertainment & Sports/Gambling, Betting & Casinos/Fantasy Sports (DFS & Season-Long)

Keywords

• Fantasy sports management
• Event league platform
• Real-money contests
• Commissioner tools
• Prize pool management

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. VIP Management Fee Commission: Event commissioners can set an optional VIP Management Fee of up to 15% to cover league expenses. The fee is split evenly between the commissioner and TeamStake. This model rewards organizers for their management efforts while providing TeamStake a transaction-based revenue stream.
2. Prize Pool Processing: TeamStake handles collecting entry fees and paying out winners to users across their network. While the primary purpose is facilitating transactions, this creates processing volume and user engagement that drives platform value.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

TeamStake operates a fantasy sports event and league management platform that lets commissioners create real-money contests, securely collect entry fees, manage funds across multi-season rollovers, and automate winner payouts, while participants discover and join events through a public Event Catalog. The platform includes an integrated Cashier for deposits and fast withdrawals, optional arbitration services for dispute resolution, and a VIP Management Fee feature (up to 15%, split 50/50 between the commissioner and TeamStake) for expedited payouts and arbitration.

Product overview

TeamStake is a single unified fantasy sports event and league management platform that combines event discovery (Event Catalog), event creation and management tools (Event/League Management Platform), integrated payment processing (Cashier/Payment System), and dispute resolution (Arbitration Services). The platform enables commissioners to create leagues with secure fund management, optional VIP Management Fee features, smart rollovers for multi-season events, and communication tools for participant engagement. In 2024, TeamStake was acquired by StakeKings, marking a new chapter while continuing to serve the fantasy sports community with tools for event hosting and competitive play across multiple sports.

Differentiator

Problem solved

Functional benefit

Products and services

• Event/League Management Platform Core platform that lets commissioners create and manage fantasy sports leagues and events with secure fund management, event details, and built-in communication tools; for event hosts (commissioners) and participants.
• Event Catalog Marketplace Browsable public marketplace where participants can search and filter events across Football, Golf, Basketball, Soccer, Baseball, Hockey, Racing, Poker, and Other categories; intended for fantasy sports participants seeking contests to join.
• Cashier / Payment System Integrated cashier supporting major payment options for deposits and withdrawals, with withdrawals processed in as little as 4 hours; serves both commissioners and participants across the platform.
• VIP Management Fee Optional add-on allowing commissioners to set a VIP Management Fee of up to 15% on entry pools, split evenly between the commissioner and TeamStake, that includes expedited 24-hour payouts and TeamStake arbitration services; targeted at league commissioners managing larger or VIP leagues.
• Arbitration Services Optional dispute resolution service provided by TeamStake's security team to resolve potential league disputes, offering added peace of mind for event hosts and participants; bundled into VIP leagues and available to event hosts.

Quantifiable outcome

• $20M+ in prizes paid to users across the network
• +4 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators3 records

Recent moves6 records

Expansion highlights8 records

Direct peers

• MyFantasyLeague: Long-standing season-long fantasy football commissioner platform with deep customization. Competes for the same commissioner-driven, league-management use case that TeamStake targets, particularly among experienced fantasy hosts.
• Fantrax: Commissioner-centric fantasy sports platform supporting multiple sports formats. Comparable to TeamStake as a configurable league-management tool aimed at serious fantasy commissioners.
• Sleeper: Mobile-first fantasy sports league and commissioner platform. Directly comparable because it serves the same commissioner/participant dynamic for season-long fantasy leagues and is explicitly referenced by TeamStake users via Sleeper nickname integration.
• RTSports: Veteran fantasy sports hosting service offering commissioner tools across multiple sports. A direct competitor in the season-long fantasy league management category where TeamStake operates.

Emerging players

• PrizePicks: Real-money daily fantasy operator focused on player-prop pick'em entries. Adjacent real-money fantasy competitor with partial overlap in user base and use case (paid fantasy contests).
• Underdog Fantasy: Fast-growing real-money fantasy platform with pick'em and best-ball formats. Comparable as a younger, product-led challenger in real-money fantasy targeting overlapping casual-to-mid-tier users.

Broad incumbents

• FanDuel: Major DFS and online sports betting platform. Competes for real-money fantasy dollars and provides alternative destinations for TeamStake's target users, especially casual season-long players.
• DraftKings: Large publicly-traded DFS and sports betting operator. Overlaps with TeamStake in real-money fantasy contests and share-of-wallet for paid fantasy players, but operates at vastly greater scale and across a broader product portfolio.
• ESPN Fantasy: Free fantasy sports league platform integrated with ESPN's media ecosystem. Competes head-on with TeamStake for season-long commissioners and players, particularly in football and basketball.
• Yahoo Fantasy Sports: Free, mass-market season-long fantasy league platform bundled with Yahoo's media properties. A broad incumbent offering free commissioner tooling that TeamStake must displace for paid leagues.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/TeamStake
• Facebookfacebook.com/TeamStake

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TeamStake