TeamStake
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.
- Company typePrivate
- Founded2015
- HeadquartersBoston, United States
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
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.
TeamStake firmographics
Firmographics- Name
- TeamStake
- Legal name
- TeamStake
- Website
- https://teamstake.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 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
TeamStake industry classification
Industry- 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 primary industry
- Season-Long Fantasy Platforms & Commissioners (MPAEAHAB)
- akta.pro secondary industry
- Fantasy Sports Monetization & Commerce (Subscriptions, Premium Tools, Marketplaces) (MPAEAHAI)
Keywords
Where TeamStake is headquartered
LocationHeadquarters
- HQ city
- Boston
- HQ country
- United States
- HQ region
- North America
Markets served
TeamStake business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- 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.
- 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
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | VIP Management Fee (up to 15%) |
| Freemium | Pay-as-you-go | Standard Platform Access |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
TeamStake product offering
Product offeringCore 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
Companies that use TeamStake
Customer profileSegments3 records
Ideal customer profiles2 records
TeamStake technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
TeamStake partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights8 records
TeamStake competitors and assessment
Company assessmentDirect 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
TeamStake social profiles
Digital presenceTeamStake financial estimates
Financial estimateRevenue estimate
Valuation estimate
TeamStake leadership team
Management profileNumber of profiles
TeamStake funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TeamStake M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TeamStake
What does TeamStake do?
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.
Is TeamStake a public or private company?
TeamStake is a private company. It is classified as corporate owned and is currently operating.
When was TeamStake founded?
TeamStake was founded in 2015. It employs 1 to 10 people.
Where is TeamStake based?
TeamStake is headquartered in Boston, United States, in the North America region.
How does TeamStake make money?
Two revenue lines are on record. VIP Management Fee Commission is the primary driver. The others are prize Pool Processing.
Who are TeamStake's main competitors?
Direct peers on record are MyFantasyLeague, Fantrax, Sleeper and RTSports. Emerging players are PrizePicks and Underdog Fantasy. Broad incumbents are FanDuel, DraftKings, ESPN Fantasy and Yahoo Fantasy Sports.
Does TeamStake have an API?
No public API is recorded for TeamStake.
What industry is TeamStake in?
TeamStake's product category is Fantasy Sports Management Software. Its primary akta.pro industry code is MPAEAHAB, Season-Long Fantasy Platforms & Commissioners, with a secondary code of MPAEAHAI, Fantasy Sports Monetization & Commerce (Subscriptions, Premium Tools, Marketplaces). Its NAICS code is 7113 and its SIC code is 7900.