Loading organizations...
§ Private Profile · CDMX, Mexico
Daily fantasy sports platform, the first in Spanish-speaking Latin America, allowing users to draft lineups and compete for cash prizes.
Draftea has raised $41.0M across 4 funding rounds.
Key people at Draftea.
Draftea was founded in 2021 by Joe Cohen (Founder) and Alán Jaime (Founder).
Draftea has raised $41.0M in total across 4 funding rounds.
Draftea is a daily fantasy sports platform based in Mexico that allows users to draft lineups of real athletes and compete for cash prizes across multiple professional leagues. Operating as the first daily fantasy sports company focused specifically on Spanish-speaking Latin America, the business targets a regional market of approximately 350 million sports fans. The enterprise operates with a core team of 34 employees and has raised $13.2 million in seed funding from lead investor Kaszek Ventures, alongside Sequoia Capital, Bullpen Capital, and FanDuel founder Nigel Eccles. Draftea generates revenue through entry fees for its competitions and has secured a commercial partnership with the NFL to offer American football fantasy games alongside its soccer products. The company was founded in 2021 by Alán Jaime Misrahi, Joe Cohen, Andreas Assad, Alejandra Lascurain, and Miguel Gutiérrez-Barquín.
Draftea is the premier real-money daily fantasy sports (DFS) platform targeting the Spanish-speaking world, primarily Latin America. It enables sports fans to create fantasy teams, place bets on their favorite players and matches, and engage in a social, interactive experience that enhances their passion for sports by turning it into profit. Initially focused on soccer in Mexico, Draftea plans to expand across Latin America and add other sports like American football and basketball to its platform, leveraging cutting-edge technology and an intuitive user interface to maximize user engagement and excitement[2][4][1].
Founded in 2021 by Alán Jaime Misrahi, a former Mexican third-division soccer player turned Stanford MBA graduate, Draftea emerged from stealth with a vision to revolutionize fantasy sports in Latin America. The idea was born from Jaime Misrahi’s deep understanding of local sports culture and the opportunity to offer daily, social fantasy sports competitions distinct from traditional seasonal betting platforms. Early traction included partnerships with the Mexican National Soccer Team and the NFL, as well as significant investment rounds totaling over $13 million from notable investors including the founder of FanDuel, Sequoia Capital, and international sports celebrities. This backing, combined with a strong leadership team with experience from companies like EA Sports and Rappi, has fueled rapid user growth and positioned Draftea as a leading DFS platform in the region[1][3][4][5].
Draftea rides the global trend of fantasy sports and real-money gaming growth, particularly in emerging markets where digital sports engagement is rapidly increasing. The timing is favorable due to rising smartphone penetration, growing sports fandom in Latin America, and increasing regulatory acceptance of real-money gaming. By localizing the DFS experience and leveraging partnerships with major sports leagues, Draftea is positioned to influence how Latin American fans interact with sports digitally, potentially reshaping the regional sports betting and fantasy ecosystem. Its social and daily engagement model contrasts with traditional betting, appealing to younger, tech-savvy users seeking more interactive and community-driven experiences[4][3][2].
Draftea’s near-term focus is consolidating its leadership in Mexico while expanding into key Latin American markets such as Colombia, Chile, Argentina, and Peru. The addition of multiple sports and continued partnerships with major leagues will drive user growth and platform diversification. As regulatory frameworks evolve and digital sports consumption grows, Draftea is well-positioned to become the dominant DFS platform in the Spanish-speaking world. Future trends shaping its journey include the rise of mobile gaming, increased demand for localized content, and the integration of social and live experiences in real-money gaming. Draftea’s influence is likely to expand beyond fantasy sports into broader digital sports entertainment, setting new standards for engagement in Latin America[1][4][2].
Key people at Draftea.
Draftea has raised $41.0M across 4 funding rounds. Most recently, it raised $20.0M Series A in August 2022.
Draftea was founded in 2021 by Joe Cohen (Founder) and Alán Jaime (Founder).
Draftea has raised $41.0M in total across 4 funding rounds.
Draftea's investors include StepStone Group, A Capital, Addition, AIX Ventures, Betaworks Ventures, E1 Ventures, Factorial, Lux Capital, Otherwise Fund, Sequoia Capital, Summit Partners, Thirty Five Ventures.
