Daily fantasy sports operator Underdog has named Rishi Garg its new Chief Financial Officer and Kimberly Pointer Corbett its Chief Marketing Officer as the group continues to expand.
The hires came as Underdog projected nearly US$500 million in revenue in its fifth year of operation and follow the company’s partnership with crypto-exchange group Crypto.com to bring sports event contracts to its platform.
The firm also recently raised US$70 million in Series C funding, led by venture capital firm Spark Capital, valuing the company at more than US$1.3 billion.
