Fantasy sports startup Sleeper, which has expanded into esports and has 3M+ users, raises $40M at a $400M valuation led by a16z (Gillian Tan/Bloomberg)

Fantasy sports startup Sleeper, which has expanded into esports and has 3M+ users, raises $40M at a $400M valuation led by a16z (Gillian Tan/Bloomberg)

Gillian Tan / Bloomberg:
Fantasy sports startup Sleeper, which has expanded into esports and has 3M+ users, raises $40M at a $400M valuation led by a16z  —  – Startup’s existing backers reinvest to propel growth  — Company has NFL, NBA games, eyes Premier League, MLB and UFC