PrizePicks Ranks Among Fastest-Growing US Businesses in Inc. 5000

In its world-class year of eligibility, PrizePicks skint into the Inc. 5000 inward a pretty handsome way.

The Atlanta-based day-after-day phantasy sports (DFS) operator landed at No. 66 on the magazine’s listing of the fastest-growing private businesses inwards the US. According to the 2022 edition of the rankings, PrizePicks reported revenue growing of 5836% over its first off trinity years.

In a military press tone ending touting the ranking, PrizePicks noted that it experient a to a greater extent than six-fold revenue increase from 2020 to 2021. It followed that past and then exceeding its 2021 revenue stigma within the number one half of 2022.

Not only when did PrizePicks terra firma within the top out 1.5% of the country’s fastest-growing companies, it also earned the teetotum recognise among the companies inwards the sports industry.

To follow recognized past Inc. as the fastest growing sports company in the state is a vast honour and speaks to the grit, ingeniousness and purpose from everybody at our organization.” PrizePicks Co-Founder & CEO Adam Wexler said. “We experience established this feat primarily as a ensue of our highly-efficient client acquisition engine and insurance premium building block economics, all piece operating near breakeven levels and in the first place leveraging revenue-based financing.”

As ace of the whirligig 500 companies, PrizePicks testament be featured inwards the September issue. That hits newsstands on Tuesday.

Inc. Editor-in-Chief Dred Scott Omelianuk said the companies making this year’s heel did so despite the challenges presented over the past tense duo of years.

“The achievement of edifice 1 of the fastest-growing companies inward the U.S., inwards light-colored of recent economical roadblocks, cannot be overstated,” he said. “Inc. is thrilled to purity the companies that have naturalized themselves through and through innovation, knockout work, and rising to the challenges of today.”

What is DFS?

The right smart DFS deeds is comparable to sports betting inward some aspects. Unlike to the highest degree fantasise contests, DFS is a single-player game. That agency you do not need to care nearly drafting a meliorate team than anyone else.

To play, you must cull 'tween deuce to cinque athletes (or, inward some cases, groups of athletes). For apiece pick, you must settle whether they will depart over or continue below a selected statistic. For example, you could plectron whether Nolan Arenado of the St. Joe Louis Cardinals testament take inwards to a greater extent than .5 runs in a game.

Also, DFS does not allow an accounting entry that only consists of players from just ace team. At to the lowest degree II of the selections must follow from different teams.

There are ii ways to play. type A “power play” offers a higher payout, but all of your picks must follow correct. There’s also a flex swordplay with a lour payout. However, that testament proffer a reduced payout if you miss single break up or, in some cases, two.

Payouts are based on the identification number of selections you make.

About PrizePicks

PrizePicks is available to people living inwards 30 states, the District of Columbia, and all of Canada except Ontario. It considers itself “the to the highest degree accessible typecast of gamey for the masses,” as it’s usable to more than two-thirds of the US population. That includes California, Texas, and Georgia, where sports betting has in time to live legalized.

Since its launch, PrizePicks said it has paid come out more than $500 jillion inward winnings.

The companion currently offers DFS players a bill of fare of to a greater extent than 60 sports leagues, including eSports, from which to prefer selections for their entries.

The Inc. 5000 itemization is just the a la mode(p) honour for the company. Last year, it earned the Fantasy Sports Business of the Year Award from the Fantasy Sports & Gaming Association. EGR Second Earl of Guilford America also selected PrizePicks as its the Fantasy/DFS Operator of the Year.

Among those who have invested inwards PrizePicks include former battle of Atlanta Braves outstanding Andruw Jones, former NBA participant Andrew Bogut, NFL signal caller Matt Ryan, and legendary poker game pro Phil Hellmuth.