Fanhood Announces Official Facebook Launch; Engaging Fans with Innovative Sports Wagering Experience

Led by a Former Yahoo Executive, Fanhood Combines Social Betting with Personalized Sports Content

SAN FRANCISCO--(BUSINESS WIRE)-- Fanhood (www.fanhood.com), a developer of social apps, launched a new social gaming platform on Facebook today that empowers fans with a new way to experience sports with friends. Featuring all major professional and college sports, Fanhood offers users the ultimate gathering place to engage fellow fans through friendly wagers, challenges, pools, trivia games and more. The game uses only virtual currency, yet the competition is very real, appealing to both the casual and hardcore fan. Fanhood had over 40,000 registered users on its pre-launch beta product and is now available to play on Facebook at http://apps.facebook.com/fanhood/.

“With Fanhood, we are engaging sports fans on a whole new level, making their opinions matter,” said Brandon Ramsey, Founder & CEO of Fanhood. “As fans ourselves, we saw a distinct opportunity to create the perfect platform to make following sports with friends easier and more fun.”

Based in San Francisco, Fanhood was founded and is led by Ramsey, who previously founded BigDeal.com and served as head engineer at Yahoo! Shopping, Yahoo! Deals and Yahoo! Travel. Ramsey has dedicated substantial resources to infrastructure and technology development, as well as building a dream team of entrepreneurs who worked previously at Yahoo, Zynga and Slide. Privately held, Fanhood has already raised capital from prominent investors First Round Capital, Mayfield Fund and Foundation Capital.

“Fanhood is providing a unique way for sports fans to engage in their passion. We are thrilled to be a part of the continued growth and development of this exciting platform. This is a creative team that knows how to execute – I’m betting on them,” said Josh Kopelman of First Round Capital.

The Fanhood platform combines the connectivity of social casino gaming with the sports content that you care about, taking fandom to the next level. Whether it’s engaging in competitive banter with a rival fan or placing a wager with a friend, Fanhood has users covered on casual, friendly action.

ABOUT FANHOOD

Fanhood develops social apps on Facebook and mobile that make following sports with your friends easier and more fun. It is an entertainment platform that enables communication and competition around spectator sports using game mechanics. The company is led by entrepreneurs who worked previously at Yahoo, Zynga and Slide and is backed by First Round Capital, Mayfield Fund and Foundation Capital. Fanhood is based a chip shot away from AT&T ballpark in San Francisco, CA. To learn more about Fanhood and get in on the action, visit www.fanhood.com.