The C-suite at Underdog has seen two significant additions — Kimberly Pointer Corbett becomes Chief Marketing Officer (CMO), and Rishi Garg takes over as Chief Financial Officer (CFO).
These hires come as the business, only five years after its founding, approaches $500 million (£366 million) in annual revenue.
The hiring follows Underdog’s recent collaboration with Crypto.com’s Derivatives North America division, which, for the first time, incorporated contracts for sporting events directly into the Underdog platform.
Leading companies such as Twitter, Square, Zynga, and Warner Bros. have provided both new executives with a wealth of leadership experience.
As Underdog sets ambitious growth plans in the U.S. fantasy sports and sports betting market, Garg and Pointer Corbett are now tasked with helping the company move forward.
Leadership Experience and Strategic Expansion
Jeremy Levine, Underdog’s founder and CEO, said, “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.”
Levine emphasised that both Garg and Pointer Corbett “have demonstrated the ability to build some of the most globally successful consumer brands.”
These moves coincide with Underdog’s $70 million (£51 million) Series C funding round led by Spark Capital, which pushed the company’s valuation past $1.3 billion (£954 million)—making it one of the highest-valued companies in the sports gaming industry.
As CFO, Rishi Garg is responsible for leading finance, strategic planning, and investment, drawing from over 20 years at top brands and in venture capital.
“From day one at Underdog, I could feel that the energy here is different… we have a pivotal opportunity to be a great consumer company and build the essential daily companion to the American sports fan,” Garg noted.
Kimberly Pointer Corbett will serve as CMO, driving marketing strategy, user acquisition, creative, and analytics.
She previously scaled brands at Warner Bros. Games, Zynga, and Kabam and said, “Underdog has amazing talent and is positioned to be the biggest company in the space with what they’ve built for sports fans.”
Supported by proprietary technology that connects fantasy sports and regulated betting frameworks, Underdog now asserts that it is the first to provide a sports prediction market exchange on a major gaming operator app.
Underdog is positioned for substantial growth through 2026 with continued investment and a bolstered executive team.
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