RotoQL raises $1.2 million to level the field in daily fantasy sports

RotoQL is announcing today that it has raised $1.2 million in seed funding to solve a very practical problem for the millions of people who play daily fantasy sports.

Daily fantasy sports became a $3 billion business in the past couple of years (according to analyst firm Eilers & Krejcik Research) as companies like FanDuel and DraftKings made it easy to go online or use your smartphone to compete in a social way in fantasy sports contests where you can win cash prizes. The problem is that many people don’t have the time to create their best possible teams. An estimated 57.4 million people played fantasy sports in 2015 in North America, according to the Fantasy Sports Association.