Newcomer bolsters executive team shortly after contract agreements come into effect
In a significant move, the daily fantasy sports operator Underdog has appointed Rishi Garg as its new Chief Financial Officer (CFO) and Kimberly Pointer Corbett as the new Chief Marketing Officer (CMO).
Based in the United States, Underdog is making waves in the sports betting industry. The company has recently raised US$70 million in Series C funding, led by venture capital firm Spark Capital, which has boosted its valuation to over US$1.3 billion. With this new funding, Underdog projects nearly US$500 million in revenue in its fifth year of operation.
The Series C funding has also enabled Underdog to expand its operations. The partnership with crypto-exchange group Crypto.com brings sports event contracts to Underdog's platform, further solidifying its presence in the market.
While there are no available search results indicating who has recently been appointed as Underdog's Chief Executive Officer (CEO) or Chief Operating Officer (COO), the company is actively hiring for these key positions.
Meanwhile, Rishi Garg and Kimberly Pointer Corbett bring valuable experience to their new roles. Rishi Garg, who was previously with an unspecified company, will be responsible for Underdog's financial strategy. Kimberly Pointer Corbett, who was previously with COMPLETE iGAMING, will lead the company's marketing efforts.
Notably, Charlotte Capewell is no longer with COMPLETE iGAMING, and Kimberly Pointer Corbett is no longer with her previous position.
As Underdog continues to grow and make strategic moves, sports betting enthusiasts and investors alike are keeping a close eye on the company's progress. With its strong leadership team and ambitious expansion plans, Underdog is poised to make a significant impact in the sports betting industry.
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