Fantasy Labs, a daily fantasy sports analytics startup co-founded by a Colorado man who won millions of dollars playing in fantasy tournaments, has landed a big-time investor.
Mark Cuban, owner of the Dallas Mavericks, a "Shark Tank" investor and founder of HDNet, has invested an undisclosed sum in the analytics platform.
Massachusetts-based Fantasy Labs was founded last year by Jonathan Bales and Peter Jennings, both analysts for fantasy sports site DraftKings. Jennings, of Lone Tree, won more than $1 million in 2014 playing fantasy football.
Fantasy Labs provides high-end statistics and analytics for daily contests run by game sites like DraftKings and FanDuel.