Courtside Ventures $100M Fund Targets Sports-Related Investments
Venture capital firm Courtside Ventures announced the close of its third fund Thursday, with $100 million coming from people including owners, athletes and industry…
investment
Manhattan West New $100M Fund Seeks Sports With Dividends
When Matt Gibbons wanted to launch the first private equity fund at Manhattan West, it seemed natural to focus on the industries where most of the firm’s clients made…
Spectrum Equity, Bucks’ Lasry Back Sponsorship Market Platform
SponsorUnited, a sponsorship information platform, recently closed on a $35 million Series A round led by Spectrum Equity. Milwaukee Bucks owner Marc Lasry and San Diego…
Athletes Unlimited Raises $30M on Back of League-Level Platform Approach
Athletes Unlimited (AU), a network of four professional women’s sports leagues—softball, lacrosse, indoor volleyball and basketball—recently raised $30 million. “[The…
Scout Raises $2.6 Million to Turn Student Athletes Into Investors
Scout, an app designed to help people establish their first investment habits, recently raised $2.6 million in a seed funding round. So far, the company has focused on…
Opinion
Web3 Still Holds Key to Sports Tech Market in 2022’s Second Half
Today’s guest columnist is David Nugent, CEO and co-founder of the technology services company Next League. It’s been quite a year so far in sports…
Jomboy’s $5M Raise Seeks to Expand ‘Fun’ Digital Media Brand
Jomboy Media recently announced a $5 million raise (details around the valuation were not disclosed). Connect Ventures, an investment partnership between Creative…
PE Investment in League-Level Assets Gaining Momentum
The WNBA announced a groundbreaking $75 million capital raise back in early February. That announcement came less than two months after it was reported that Genius…
Opinion
No Longer a Rookie: The Evolution of Sports as an Asset Class
Today’s guest columnist is Jeff Moorad, principal of MSP Sports Capital, chairman of the Morgan Lewis Sports Industry team and adjunct professor at UCLA Anderson School…
Women’s Hockey Gets $25 Million Boost Amid Expansion Plans
The Premier Hockey Federation, formerly known as the NWHL, announced a $25 million investment in its players and the league over the next three years from its Board of…
NFL Quarterback Trio Joins Bombas’ Latest Funding Round
Quarterbacks Joe Burrow, Dak Prescott and Ryan Tannehill are among the 45 athletes who have recently invested in Bombas, the crowdfunding and Shark Tank success story…
Turn2 Equity Expands Into Basketball and E-commerce
Turn2 Equity Partners has invested in e-commerce platform Athletes Brand and apparel maker POINT3 as it grows its Playrs division. Co-founded by Houston Astros manager…
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