Underdog

We are excited to announce that Nick Lundgren has joined Underdog as Chief Legal Officer as we continue to expand our prediction market offerings, including on our own exchange. Lundgren is the former Chief Legal Officer of Crypto.com and CEO/President of its CFTC-regulated division, where he certified the nation’s first sports event contracts after leading the acquisition of Crypto.com’s DCM, DCO, and FCM licenses. “After working with Underdog, getting to know the team, their ability to build product and seeing them acquire the full stack of prediction markets licenses, it became obvious to me they were going to win the largest category of prediction markets, sports. I had to be there” - Nick Lundgren. Read more here: https://lnkd.in/ef_4wgmj

Today we announced that we have purchased Aristotle Exchange DCM, Inc. and Aristotle Exchange DCO, Inc., which are a Commodity Futures Trading Commission (CFTC) registered Designated Contract Market (DCM) and a Derivatives Clearing Organization (DCO), respectively. Underdog is built on the simple thesis that there is so much more to be built for sports fans in America. This acquisition enables Underdog to offer our own federally-compliant prediction market exchange, giving customers even more ways to express their opinions on sports and beyond. We're excited to keep building in this next chapter 🚀 Read more about the acquisition details ⤵️ https://lnkd.in/gpRZWFEv

At Underdog we’re constantly building, shipping fast, and pivoting as we learn. One of our core values is give a sh*t - because our people care about the product, the work, our customers, and doing things better than last week. If that sounds like you, we're hiring: EPD Operations Manager → Make engineering, product, and design teams run faster, smoother, better  Senior Product Designer, Motion → Bring the product to life through motion  Senior Analytics Engineer → Turn data into decisions that actually matter Links to apply in the comments ���� #Underdog

GuardDog is actively looking for its next investment. Our VP of Responsible Gaming, Adam Warrington, shares what we've learned from evaluating 40+ startups and what we're looking for next. If you're building RG-focused technology, we want to hear from you: https://lnkd.in/gUSSZq6K #Underdog

Super Bowl week at Underdog. Our team doesn't just watch sports, we live them. This is everyone showing up during the biggest moment of the year. We held a Super Bowl Rally Week where employees submitted POVs showing exactly what it looked like in action. ✓ Teams coming together & grinding through ✓ A lot of feelings about sports ✓ Gift drops that pets immediately claimed ✓ The candid moments that capture what we're really about Thank you to everyone who worked tirelessly building up to this and executing on game day. 🚀 #Underdog #UDLife #UnderdogMentality

Our team got super bowl swag. Their pets decided to participate. This is the content now. Hiring if your coworker has four legs: https://lnkd.in/eUujfjrk #Underdog

January campus stops: Penn State University → Texas A&M University The talent we met at these schools was incredible: engineering students who are just as passionate about sports as they are about building great tech. The conversations, questions, and energy at both campuses made it clear the intersection we’re hiring for is real - and exciting. Missed us on campus? Don’t sweat it. We’re always looking for exceptional early career engineers ready to build unforgettable products and shape the future of sports tech. Apply: https://lnkd.in/grYrA5yG #Underdog #EarlyCareer #PennState #TAMU

Congrats to the winners and everyone who participated in the SumerSports x Shrine Bowl Analytics Competition! Seeing emerging analytics talent tackle real football problems and produce work that resonates with NFL decision-makers is a powerful reminder of how much innovation is happening in this space. We’re proud to help create platforms that connect data, football, and opportunity and to support the people pushing the game forward. If this kind of work excites you, check out our open roles here: https://lnkd.in/eUujfjrk

GuardDog, our responsible play innovation fund, announced an investment in Regen, a platform that allows users to link their sportsbook, fantasy sports and prediction market accounts and automatically save a small percentage from every entry, win or loss. “With major shifts happening in our industry, it is important to further our dedication to building a stronger and more responsible ecosystem — and apply player protection rigor across all platforms and entry type, prediction markets and fantasy sports,” said Adam Warrington, Vice President of Responsible Gaming at Underdog. “At Underdog, we focus on simplicity in our product and in our responsible play tools. Regen’s mission aligns with our goals as they empower users to set up a simple and intuitive savings mechanism that provides a new and evolved RG tool.” We will also feature Regen as a new resource in our responsible play hub, highlight Regen in customer communications and provide access to the platform to all our employees. Learn more about this investment here: https://lnkd.in/g5hd7KpB Entrepreneurs that are interested in being considered for investments from GuardDog should visit https://lnkd.in/gktHpzrZ.

We’re excited to announce that Underdog is the Presenting Sponsor of the 2026 Shrine Bowl Analytics Competition! In partnership with the East-West Shrine Bowl and SumerSports, this inaugural competition will spotlight the next generation of football analytics talent and give competitors the opportunity to work with real-world data and showcase innovative, data-driven approaches that will be seen by NFL clubs and league stakeholders. At Underdog, we believe analytics are shaping the future of sports, and we’re proud to support an event that bridges football, data, and opportunity. Stay tuned for more as we head toward the 2026 Shrine Bowl! #Underdog #ShrineBowl