Revenue and Valuation
Sleeper, a rapidly growing fantasy sports company, is making significant strides in the sports industry. With an estimated annual revenue of $17.1 million and a valuation of $400 million (as of September 2021), the company has built a strong presence in the competitive world of fantasy sports. The company has also raised $40 million in total funding, demonstrating investor confidence in its future. Sleeper’s impressive valuation reflects its success in attracting users, as the platform has become one of the fastest organically growing companies in the fantasy sports sector.
Employee Data and Growth
Sleeper currently employs 107 people, and it has experienced a remarkable 57% growth in its employee count over the past year. This growth in staff indicates the company’s expansion and the increasing demand for its platform. With such a significant rise in the number of employees, it’s clear that the company is investing heavily in its infrastructure to support its growing user base.
Sleeper’s Key People
The company was co-founded by Weixi Yen, Henry Leung, and Ken Wang. Together with Nan Wang, the current CEO, they lead Sleeper into its next phase of growth. Other key people at the company include Sunny Yen, the VP of Product Design, and Tim Janke, the Director of Finance and Compliance. This core group of executives plays an integral role in shaping the future of the platform and guiding it toward greater financial success.
Competitor Comparison
In comparison to its competitors, Sleeper stands out with a $400 million valuation, far surpassing many companies in the sports industry. For example, companies like Indian Wells and San Diego Seals have significantly lower revenues and employee numbers, with Indian Wells making only $5.9 million and employing 46 people. This shows the scale of Sleeper’s operations and the potential for continued growth in the fantasy sports market.
Looking Ahead
As Sleeper continues to expand, its financial future looks bright. With an increasing user base, strategic investments, and a rapidly growing team, the company’s net worth and market presence are expected to keep rising.
