Underdog founder and co-CEO Jeremy Levine Honored by Goldman Sachs for Entrepreneurship

Levine Among the Most Exceptional Entrepreneurs at the 2023 Builders and Innovators Summit

BROOKLYN, N.Y. (October 18, 2023) – Underdog Sports, the fast-growing sports gaming platform, announced this week that Goldman Sachs (NYSE:GS) is recognizing Underdog founder and co-CEO Jeremy Levine on its list of the Most Exceptional Entrepreneurs of 2023 at its Builders and Innovators Summit in Healdsburg, California.

Goldman Sachs selected Levine from multiple industries to be honored at the two-day event. Levine founded and served as CEO of DRAFT, where he pioneered the popular fantasy format Best Ball, before eventually selling the company to Flutter in 2017. Prior to DRAFT, Levine founded StarStreet, an early daily fantasy site, which sold to DraftKings.

“It is a great honor to receive this prestigious acknowledgment alongside exceptional entrepreneurs,” Levine said. “I humbly accept this award on behalf of the entire Underdog team, our customers, and our partners, who are the real driving catalyst behind our achievements.”

“We’re delighted to recognize Jeremy Levine as one of the most exceptional entrepreneurs of 2023,” said David Solomon, Chairman and CEO of Goldman Sachs. “Like everyone in this year’s class, Jeremy has been a visionary in his field, pushing forward innovation and redefining markets. We are excited to harness Goldman’s convening power to bring together these dynamic leaders and hear their insights.”

In addition to honoring the most exceptional entrepreneurs, the Summit consists of general sessions and clinics led by seasoned entrepreneurs, academics, and business leaders, as well as resident scholars.

About Underdog?

Underdog’s mission is to build innovative games and products for American sports fans.

Founded in 2020, their team built three of today's most widely played fantasy games and successfully launched the largest contest in the history of fantasy sports: a $15M NFL Best Ball tournament. Underdog’s modern tech environment and in-house product development allow them to continuously deliver the best experiences for their users.

In just over two years, Underdog reached a nearly $500 million valuation through some of the best investors in the game, including Mark Cuban, Kevin Durant, BlackRock, and SV Angel.? For more information, please visit https://underdogfantasy.com/

About Goldman Sachs

Goldman Sachs is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments, and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

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