Sleeper has raised $20 million to expand from its base in fantasy sports to the adjacent market of fantasy esports and video game chat. Andreessen Horowitz led the round, and other investors include Twitch cofounder Kevin Lin, retired NBA player Baron Davis, and NFL wide receiver JuJu Smith-Schuster. NBA All-Star Kevin Durant participated in an earlier round.
Sleeper CEO Nan Wang said the company is launching a fantasy esports chat service around the League of Legends Championship Series, the annual esports tournament for Riot Games’ popular title. The LCS is now the third-most-popular major professional sports league in the U.S. for 18-year-olds to 34-year-olds.

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