Unrivaled, a Miami, FL-based professional women’s basketball league, raised $28M in Series A funding.
The round was led by Berman Family with participation from Giannis Antetokounmpo, Build Your Legacy Ventures, Linda Henry, Avenue Sports Fund, Marc Lasry, Michael Phelps, Nicole Phelps, Dawn Staley, Warner Bros. Discovery, JuJu Watkins, Amy Banse, Black Economic Alliance Venture Fund, Threadneedle Ventures, Richard Hamilton, and Joe Ingles.
The company intends to use the funds to expand operations and its development efforts.
Co-founded by Napheesa Collier and Breanna Stewart, Unrivaled is a professional women’s basketball league improving the women’s professional sports landscape with a model centered on investing in its athletes. It is player-owned, providing participating players equity opportunities for a vested interest in the league’s success.
Launching in January 2025, Unrivaled will feature the current top women’s basketball stars in the world across six teams for a 3-on-3, compressed full court style of play.
FinSMEs
16/12/2024