# DRAFT

> DRAFT was a New York mobile fantasy-sports company operating under StarStreet Inc. It offered turn-based snake drafts and later season-long best-ball contests for sports fans who wanted to pick teams without salary-cap puzzles or ongoing roster chores. Paddy Power Betfair acquired it in 2017; FanDuel closed the standalone service at the end of the 2019 NFL season.

- **Founded:** 2014
- **Headquarters:** New York, United States
- **Founders:** Jeremy Levine (Co-founder and CEO; later co-CEO), Nicolo Giorgi (Co-founder and CTO)
- **Products:** Mobile head-to-head snake drafts, Season-long best ball, 2019 Best Ball Championship
- **Notable:** Raised a $3.5 million Series A announced in March 2015., Acquired for $19 million upfront in 2017, with up to $29 million contingent consideration., Offered a $3.5 million best-ball championship in 2019.

## Products & services

- **Mobile head-to-head snake drafts** — Free or paid contests with alternating player selections against friends or matched opponents, scored on real sports performance.
- **Season-long best ball** — Draft a roster once; weekly scoring uses its highest-scoring eligible lineup without trades, waivers or manual lineup decisions.
- **2019 Best Ball Championship** — A $25-entry tournament advertised with a $3.5 million prize pool and $1 million first prize.

## Achievements

- Raised a $3.5 million Series A announced in March 2015.
- Acquired for $19 million upfront in 2017, with up to $29 million contingent consideration.
- Offered a $3.5 million best-ball championship in 2019.

## Latest updates

- **2019-12** — FanDuel closed the standalone DRAFT service at the end of the NFL season; best-ball formats subsequently appeared on FanDuel in 2020.
- **2020-02** — According to Levine’s later account, seven DRAFT alumni formed the founding team of Underdog, a separate company.
- **2025-09** — Levine discussed the sale, leadership change and closure in a Masters of Scale interview.

## Links

- Website: http://www.draft.com
- LinkedIn: https://www.linkedin.com/company/starstreet---the-sports-stock-market
- Twitter/X: https://twitter.com/PlayDraft
- Facebook: https://www.facebook.com/draft

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Profile page: https://yespress.io/draft
Published by YesPress — https://yespress.io
Last updated: 2026-10-04
