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BROOKLYN, N.Y.-- Underdog, the fastest-growing sports company in the U.S., today announced the hiring of two C-Suite executives, Rishi Garg as Chief Financial Officer (CFO) and Kimberly Pointer Corbett as Chief Marketing Officer (CMO).
The appointments come as Underdog is expected to reach nearly $500 million in revenue in only its fifth year of operation and on the heels of the successful launch of a partnership with Crypto.com | Derivatives North America (CDNA), to make sports events contracts accessible to customers through Underdog. Garg and Pointer Corbett have driven growth at premier companies, including Twitter, Square, Zynga and Warner Brothers, and will be central to Underdog’s mission of driving growth by building authentic, lasting engagement with sports fans.
"Our formula to win is simple: invest in people and product, and we bring in leaders who know what it takes to build the type of company we want to be,” said Jeremy Levine, Founder and CEO of Underdog. “Throughout their careers, Rishi and Kimberly have done it, demonstrating the ability to build some of the most globally successful consumer brands. We have ambitious goals and we’re building the team to take us there.”
Underdog recently raised $70 million in Series C funding led by Spark Capital, which marked the sports gaming industry’s largest investment from a top-tier Silicon Valley venture capital firm and valued the company at more than $1.3 billion.
Rishi Garg, CF
A product-first business leader and former entrepreneur, Garg joins Underdog’s leadership team to oversee the finance function as CFO. With more than 20 years of experience in investing, corporate development and strategy, and entrepreneurial leadership at cutting-edge brands like Twitter and Square, and nine years as a Partner leading the consumer practice at the Mayfield Fund, Garg will align Underdog’s product innovation and disruption with sound financial and corporate strategy as the company embarks on its next phase of growth.
“From day one at Underdog, I could feel that the energy here is different,” said Rishi Garg, Chief Financial Officer at Underdog. “After only 5 years, Underdog is growing fast and is beloved by fans. Right now, we have a pivotal opportunity to be a great consumer company and build the essential daily companion to the American sports fan, and I am excited to be a part of it.”
Kimberly Pointer Corbett, CMO
Pointer Corbett brings more than a decade of marketing leadership across mobile and console gaming to her new role as CMO at Underdog. Prior to Underdog, she served as SVP, Digital Publishing at Warner Bros. Games, where she led comprehensive publishing strategies spanning user acquisition, lifecycle, creative services, analytics, market intel and in app advertising to scale mobile and AAA game launches. She also held senior leadership positions at Zynga and Kabam where she built and executed data-driven marketing programs to scale six games and franchises that grew to be billion-dollar enterprises.
“Underdog has amazing talent and is positioned to be the biggest company in the space with what they’ve built for sports fans. The company has an unwavering focus on the fan experience and a one-of-a-kind media ecosystem that makes it a unique place,” said Kimberly Pointer Corbett, Chief Marketing Officer at Underdog. “I am thrilled to join the team, and I can’t wait to build on Underdog’s strong foundation to reach new heights.”
As the only company built on its own proprietary technology across fantasy sports and sports betting regulatory frameworks, and now the first and only sports prediction market exchange offered on a major sports gaming operator app, Underdog is poised for significant growth over the next year and beyond.
About Underdog
Underdog, the fastest-growing sports gaming company in the U.S., was founded in 2020 with the simple objective of making sports more fun. The company’s core operating principle: There’s so much more to be built for sports fans in America. As the only top-tier sports gaming operator in the country built on its own proprietary technology, Underdog has a unique ability to create new, engaging products for the U.S. consumer. Underdog’s products provide the best way to enjoy fun, approachable sports games. The company offers fantasy sports games, licensed sports betting, access to sports prediction markets and a growing media network featuring former professional athletes, coaches, analysts, and the fastest breaking news. Underdog is built for and by sports fans to make sports more fun. For more information, visit underdogfantasy.com.
