Courtside Ventures, a New York-based early-stage VC agency investing in category-defining corporations throughout sports activities, gaming and life-style, launched its $100M Fund III.
Fund III traders included a globally numerous group of trade throughout skilled sports activities group house owners, athletes and trade executives*.
Early Fund III investments embrace Hypothetic, Matchday, Mojo, Xpoint, Jackpot.com, Venly, Planet Mojo, Bezel, Fliff, Fermat and Fello.
Since its launch in 2016, Courtside has invested in additional than 80 thematically-focused corporations throughout 8 international locations. Notable investments since inception embrace The Athletic (acquired by The New York Occasions), Beam (acquired by Microsoft), StockX, 100Thieves, WinZO, VEO, Faith of Sports activities, Rei do Pitaco, Freeletics, FanCraze, and Paceline, amongst a number of others.
The announcement brings Courtside Ventures’ complete dedicated capital to over $200M AUM.
* Crew house owners embrace Tony Ressler (Co-Founder & Government Chairman of Ares Administration and Majority Proprietor of Atlanta Hawks), Dan Gilbert(Founder & Chairman of Rocket Mortgage and Chairman of Cleveland Cavaliers), David Blitzer (Co-Proprietor of Philadelphia 76ers, NJ Devils, Cleveland Guardians and Crystal Palace), Dee and Jimmy Haslam (CEO, Chairman and Managing Companions at Haslam Sports activities Group), Whitney Haslam Johnsonand JW Johnson (Companions at Haslam Sports activities Group), Tisch Household (Lowes Company and Co-owners of New York Giants), Lerner Household (Lerner Enterprises and Majority Homeowners of Washington Nationals), Idan Ofer (Principal of Quantum Pacific Group and Co-Proprietor Atletico Madrid), Alec Litowitz (Founding father of Magnetar Capital and Minority Proprietor of D.C. United), John Burbank (Founding father of Passport Capital and Government Board Member of Golden State Warriors), Dan Sundheim (Founder & CIO at D1 Capital Companions and Minority Proprietor of Charlotte Hornets), amongst a number of others. Companies and different strategic traders in Fund III embrace Dicks Sporting Items, Superbet, Arctos Companions, Wellness Holding (household workplace of TechnoGym founder) and Gametime Capital (household workplace of Richard Fairbank, Founder and CEO of Capital One, which focuses on sports activities and sports activities expertise investments). Athletes who’ve invested embrace Larry Fitzgerald, Shaquille O’Neal and Jacob Trouba, amongst others.