Unrivaled: Professional Women's Basketball League Raises $35 Million (Series A)

Professional women’s basketball league Unrivaled announced the closing of its oversubscribed Series A investment round led by the Berman Family, securing $28 million in funding. This funding round includes investments from 8-time NBA All-Star and NBA Champion Giannis Antetokounmpo and Build Your Legacy Ventures; Co-Owner/CEO of Boston Globe Media and Partner at Fenway Sports Group Linda Henry; Avenue Sports Fund and Marc Lasry; 23-time Gold Medalist, World Champion, and Mental Health Advocate Michael Phelps and Nicole Phelps, President of Michael Phelps Foundation and Mental Health Advocate; 3-time NCAA Champion Head Coach for South Carolina Women’s Basketball Dawn Staley; Warner Bros. Discovery; Sophomore Guard at USC JuJu Watkins, and others.

Many industry titans and all-star groups of investors that led the $7 million seed round contributed to Series A funding with additional leading institutional investors, sports icons, and business leaders. And both the seed and Series A rounds totaled $35 million for the new professional women’s basketball league ahead of its inaugural season. Accelerate Sports served as Unrivaled’s investment bank for the capital raise.




https://pulse2.com/unrivaled-professional-womens-basketball-league-raises-35-million-series-a/