VC firm
Drive by DraftKings
Also known as DBDK, DBDK VENTURE FUND I, L.P., DBDK Venture Fund II, L.P.
- Investor type
- VC
- Investing status
- Activeas of 2026-09-18Source (opens in a new tab)
- Headquarters
- Boston, MA, United States
- Assets under management
- $109MForm ADV private fund GAV, as of 2026-03-31Source (opens in a new tab)
- Latest fund size
- $77.2MForm ADV gross asset value, as of 2021Source (opens in a new tab)
- Funds
- 3
- Legal name
- DRIVE BY DRAFTKINGS, LLC
Record updated 29 September 2026
About
Drive by DraftKings is a multi-stage venture capital firm that invests in SportsTech and Entertainment. Our founding partners include DraftKings, General Catalyst, Accomplice and Boston Seed Capital. We are unique among investment firms as a fully independent and highly strategic venture capital partner. Together with founders pushing the frontier of new markets and categories, we will drive the future of sports, gaming and media. We are inspired by people with the drive to unlock their full potential and chase big ideas.
Investment approach
- Thesis
- Drive by DraftKings invests in SportsTech and Entertainment. Technology is revolutionizing sports, gaming and media. And yet, the intense energy and joy of competition remains uniquely human. Together with founders pushing the frontier of new markets and categories, we will drive the future of play and performance. We are inspired by people who unlock their full potential.Source (opens in a new tab)
- Investing status notes
- Drive by DraftKings invests in SportsTech and Entertainment.
Funds
- DBDK Venture Fund II, L.P.
- $28.8MVintage 2024, Main fund, SEC amount sold
- DBDK VENTURE FUND I, L.P.
- Vintage 2021Main fund
- DBDK VENTURE FUND II, L.P.
- Main fund
SEC registration
- Registered adviser
- DRIVE BY DRAFTKINGS, LLC
- CRD number
- 315034 (opens in a new tab)
- SEC file number
- 802-121717
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $109Mas of 2026-03-31
- Private funds reported
- 2
- Principal office
- BOSTON, MA, United States
- SEC CIK
- 1843133, 2030570