Unrivaled Secures $100 Million in Series C Funding

Unrivaled Secures $100 Million in Series C Funding

Unrivaled, a 3v3 basketball league co-founded by Napheesa Collier and Breanna Stewart, has announced a successful Series C funding round, raising $100 million. The Miami-based company collaborates with prominent figures in women's basketball to deliver a unique sports league experience.

Investors and Leadership

The funding round was led by Ten Pillars Sports Fund, with participation from a diverse group of investors including Carmelo Anthony, Geno Auriemma, The Berman Family, Bessemer Venture Partners, Jenny Just, Ashton Kutcher, Trybe Ventures, Dan Rosensweig, and Trae Young. Alex Bazzell, serving as President and CEO, is at the helm of Unrivaled, steering its growth and strategic direction.

Strategic Use of Funds

While specific plans for the newly raised capital were not disclosed, such funding typically supports expansion initiatives, talent acquisition, and technological enhancements to further develop the league's offerings.

Conclusion

Unrivaled's latest funding round underscores the growing interest and investment in women's sports, particularly in innovative formats like 3v3 basketball. With strong financial backing and leadership, the company is well-positioned to expand its influence in the sports industry.