COMPANY: RedraftHero
ELEVATOR PITCH
All-in-one fantasy sports platform.
PRODUCT/SERVICE DESCRIPTION
As daily fantasy users, we’ve grown tired of the standard salary cap and platforms available—there needs to be something more comprehensive, something that has variety.
We decided it was time for a change. Time to revolutionize the daily fantasy sports community; to give you more options and more winnings. Whether you are a season long veteran or a daily league kind of person, we’ve got you covered. RedraftHero doesn’t stop there—we are more than a fantasy site. Our mission is to provide you with industry information, box scores, an impeccable user experience, and, most importantly, a community. Let’s transform the market and make it yours, together.
At RedraftHero, we want you to compete in various timeframes. Users shouldn’t be limited to overnight success or failure. Proving you are a winner is proving it throughout the season or daily, whatever you choose.
DIFFERENTIATORS VS. THE COMPETITION
FanDuel, ESPN Fantasy Football, DraftKings, Yahoo! Fantasy Sports
We provide a superior product since we are built for the user. We offer one of the lowest costs in the industry, but yet provide the users with more data, more tools, and more options to enhance their fantasy sports experience. We believe that our users should never have to leave our application to monitor their favorite team, draft their lineup, and cheer on their lineup scores.
BUSINESS MODEL
Five percent commission on prize pools.
FOUNDER
Kyle Kroeger: Kyle spent three years working for a Chicago-based investment bank as an analyst working on a variety of middle-market transactions in excess of $500 million. More recently, Kyle has experience working for a publicly traded renewable energy company in their mergers and acquisitions team. Kyle has extensive experience working in capital raising, mergers and acquisitions, and strategic consulting.
HEADQUARTERS: Minneapolis, Minnesota
WEBSITE: redrafthero.com
YEAR FOUNDED: 2015
TWITTER: @RedraftHero
FACEBOOK: facebook.com/redrafthero
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