Mogl, a New York-based athlete marketplace and NIL operations software provider, raised additional $2.6M in Seed funding.
The round was led by Magarac Venture Partners (MVP).
The company intends to use the funds to expand the compliance and marketplace offerings for universities and collectives and its business reach.
Co-founded by Brandon Wimbush and Ayden Syal (CEO), Mogl provides a platform that connects college athletes to brands and fans that are looking to connect for sponsorships, endorsements, video shout outs. The company offers a comprehensive solution for brands and universities looking to benefit from influencer marketing in the NIL (Name, Image, and Likeness) programs. Brands can filter through a wide range of athlete influencers and gain access to key insights to enhance their advertising strategies and achieve scalable results.
The company is used by over 10,000 student-athletes across the United States and over 1,500 participating businesses and brands including NBC Sports, Toyota, Under Armour, and DoorDash.
Other investors in Mogl include PivotNorth Capital, Penske Media Corporation, Chaos Ventures, Litquidity, Sand Hill Angels, Platform Venture Studio, and athletes including All-Pro NFL Safety Minkah Fitzpatrick.
FinSMEs
23/03/2023