HotStreak
HotStreak is a daily fantasy sports mobile app that lets consumers build entries from 10K+ daily player projections by picking higher or lower on projected stats, with instant payouts. It is powered by Bankroll infrastructure and monetizes via rake on contest entry fees.
- Company typePrivate
- Founded-
- HeadquartersSanta Monica, United States
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What HotStreak does
HotStreak is a daily fantasy sports (DFS) platform that enables consumers to build fantasy entries by selecting from over 10,000 daily player projections across multiple sports and predicting whether each player's projected statistic will come in higher or lower than an established line. The company operates as a single-product mobile app distributed exclusively through the Apple App Store, with a simplified three-tap user flow (pick players, choose higher or lower, cash out) and an instant withdrawal system that allows winners to access funds immediately rather than waiting for processing periods. HotStreak is built on infrastructure provided by Bankroll under a powered-by/white-label arrangement, with distribution handled through Bankroll's download funnel and shared back-end operations.
The platform targets individual consumer DFS players seeking variety in sport coverage, competitive player lines, and fast payouts. Technical differentiators highlighted by the company include projection breadth (10K+ daily), payout speed (instant), and ease of use (higher/lower mechanic), supported by a 4.6 App Store rating and $100M+ in cumulative user payouts since inception. The company is privately held, headquartered in Santa Monica, California, with 11-50 employees and a co-founder leadership team (Greg Dean, CEO; Gianni Settino, CTO; Jesse Pizarro, Director of Revenue). HotStreak's website explicitly notes eligibility restrictions and responsible-gaming disclaimers consistent with U.S. DFS regulatory requirements.
HotStreak monetizes through transaction fees, taking a rake on entry fees paid by users competing in DFS contests, in line with standard industry practice. Its go-to-market is product-led: the company relies on app store visibility, ratings, and organic word-of-mouth rather than outbound sales, paid marketing campaigns, or enterprise distribution. Marketing channels are limited to app store optimization and direct in-app experience, with no disclosed partnerships beyond the Bankroll infrastructure relationship.
HotStreak firmographics
Firmographics- Name
- HotStreak
- Legal name
- HotStreak
- Website
- https://hotstreak.gg
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- HotStreak is a daily fantasy sports mobile app that lets consumers build entries from 10K+ daily player projections by picking higher or lower on projected stats, with instant payouts. It is powered by Bankroll infrastructure and monetizes via rake on contest entry fees.
- Ownership category
- akta.pro rank
HotStreak industry classification
Industry- Product category
- Daily Fantasy Sports
- NAICS
- Gambling Industries (7132)
- SIC
- Services-Miscellaneous Amusement & Recreation (7990)
- akta.pro primary industry
- Fantasy Player Props & Pick’em (Skill-Based Fantasy) (MPAEAHAG)
- akta.pro secondary industries
- Fantasy Contests, Leagues & Tournament Organizers (MPAEAHAF), Fantasy Tools & Optimization (Lineup Builders, Projections, Simulators) (MPAEAHAD), Fantasy Sports Monetization & Commerce (Subscriptions, Premium Tools, Marketplaces) (MPAEAHAI)
Keywords
Where HotStreak is headquartered
LocationHeadquarters
- HQ city
- Santa Monica
- HQ country
- United States
- HQ region
- North America
Markets served
HotStreak business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure
Revenue model
- DFS Entry Fees / Rake: HotStreak generates revenue as a daily fantasy sports platform by collecting entry fees from players competing in fantasy contests. The platform takes a percentage of each entry fee as rake, similar to standard DFS industry practice.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
HotStreak product offering
Product offeringCore offering
HotStreak operates a skill-based daily fantasy sports mobile application where users select from over 10,000 daily player projections across multiple sports and build entries by tapping higher or lower on each projected statistic. The platform collects entry fees from contests, pays out winnings, and offers an instant withdrawal system so users can cash out immediately rather than waiting for processing.
Product overview
HotStreak is a single-product daily fantasy sports platform offering a mobile application where users select players from over 10,000 daily projections across multiple sports and build entries by predicting whether each player's projected stats will be over or under specified lines. The core offering is the HotStreak app, which combines player projections, lineup building tools, and instant payout functionality into one unified experience.
Differentiator
Problem solved
Functional benefit
Products and services
- HotStreak Mobile App
Quantifiable outcome
- $100M+ paid out to users
Companies that use HotStreak
Customer profileNamed customers3 records
Segments1 record
Ideal customer profiles1 record
HotStreak technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
HotStreak partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- BankrollcoreHotStreak is powered by Bankroll infrastructure, using the Bankroll branding and download links. The app is distributed via joinbankroll.com/download/?app=hotstreak. This appears to be a white-label or licensing arrangement where HotStreak operates on Bankroll's fantasy sports platform.
Scale indicators3 records
Recent moves4 records
Expansion highlights4 records
HotStreak competitors and assessment
Company assessmentDirect peers
- ParlayPlay: ParlayPlay is a skill-based pick'em DFS app where users build entries by picking over/under on player projections — a near-identical product experience to HotStreak's Pick Higher or Lower mechanic.
- Betr: Betr offers pick'em fantasy sports (Betr Picks) alongside sportsbook, targeting the same skill-based player prop niche as HotStreak with a comparable higher/lower gameplay style.
- PrizePicks: PrizePicks is the leading US skill-based pick'em fantasy sports app, where users pick higher or lower on player stat projections — essentially the same core gameplay mechanic as HotStreak, and the most direct competitor in the category.
- Underdog Fantasy: Underdog Fantasy operates pick'em and best-ball DFS products targeting similar sports-fantasy players. Its pick'em format directly mirrors HotStreak's higher/lower mechanic, making it a close functional peer.
Emerging players
- Vivid Picks: Vivid Picks is a skill-based pick'em DFS app that lets users select over/under on player stat projections — a directly comparable product to HotStreak's higher/lower mechanic, serving the same niche.
- Fliff: Fliff operates a social sports prediction app with pick'em-style mechanics and sweepstakes/real-money gameplay, targeting a similar demographic of sports-fantasy players as HotStreak with overlapping product features.
- OwnersBox: OwnersBox is a DFS operator offering salary-cap and pick'em style contests aimed at serious DFS players, competing in the same daily fantasy sports category as HotStreak.
- Sleeper: Sleeper is a social-first DFS and pick'em platform that combines league-style fantasy with pick'em contests, targeting overlapping consumer segments and product categories as HotStreak.
Broad incumbents
- DraftKings: DraftKings is the dominant US DFS and online sports betting operator with a broad product portfolio. While not specialized in pick'em, it competes for the same DFS player wallet and dwarfs HotStreak in scale, marketing, and regulatory reach.
- FanDuel: FanDuel is a leading US DFS and sportsbook operator serving the same sports-fantasy customer base. It offers broader product breadth than HotStreak but overlaps significantly on contest-based DFS gameplay.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
HotStreak social profiles
Digital presenceHotStreak financial estimates
Financial estimateRevenue estimate
Valuation estimate
HotStreak leadership team
Management profileNumber of profiles
Profiles3 records
HotStreak funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HotStreak 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 HotStreak
What does HotStreak do?
HotStreak operates a skill-based daily fantasy sports mobile application where users select from over 10,000 daily player projections across multiple sports and build entries by tapping higher or lower on each projected statistic. The platform collects entry fees from contests, pays out winnings, and offers an instant withdrawal system so users can cash out immediately rather than waiting for processing.
Is HotStreak a public or private company?
HotStreak is a private company. It is classified as corporate owned and is currently operating.
When was HotStreak founded?
HotStreak was founded in -1. It employs 11 to 50 people.
Where is HotStreak based?
HotStreak is headquartered in Santa Monica, United States, in the North America region.
How does HotStreak make money?
One revenue line is on record: DFS Entry Fees / Rake.
Who are HotStreak's main competitors?
Direct peers on record are ParlayPlay, Betr, PrizePicks and Underdog Fantasy. Emerging players are Vivid Picks, Fliff, OwnersBox and Sleeper. Broad incumbents are DraftKings and FanDuel.
Does HotStreak have an API?
No public API is recorded for HotStreak.
What industry is HotStreak in?
HotStreak's product category is Daily Fantasy Sports. Its primary akta.pro industry code is MPAEAHAG, Fantasy Player Props & Pick’em (Skill-Based Fantasy), with a secondary code of MPAEAHAF, Fantasy Contests, Leagues & Tournament Organizers. Its NAICS code is 7132 and its SIC code is 7990.