Jackpocket attracts celebrity investment in $120m Series D funding round

| By Robert Fletcher
US-facing lottery app Jackpocket has raised $120m (£88.8mm/€103.8m) in Series D funding during a round that attracted investment from celebrities and sports stars.

Led by growth fund Left Lane Capital, the round included participation from famous names such as Hollywood actors Kevin Hart and Whitney Cummings, entrepreneur Mark Cuban and baseball star Manny Machado.

Other participants included previous investors Greenspring Associates, The Raine Group, Anchor Capital, Gaingels, Conductive Ventures, BlueRun Ventures, Digital Currency Group, PROOF.

Jackpocket said it would use the new investment to fund a series of new additions to its team, as well as support its wider growth plans, including expansion into markets outside the US, new marketing initiatives and partnerships, and potential acquisitions.

Read the full story on iGB North America.

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