Wednesday September 27, 2023

Star-Studded List of Investors Back Just Women’s Sports

  • Just Women’s Sports has raised $6 million, valuing the media platform at $36 million.
  • Its investors include tennis legend Billie Jean King and Brooklyn Nets owner Joseph Tsai.
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Tennis legend Billie Jean King and Brooklyn Nets owner Joseph Tsai were part of a $6 million funding round for Just Women’s Sports valuing the media platform at $36 million. 

The round, led by Tsai’s family office Blue Pool Capital, included Washington Spirit owner Michele Kang, NBA Top Shot creator Dapper Labs, SC.Holdings, VC firm Bolt Ventures, and others. 

Just Women’s Sports also introduced new additions to its roster of star-studded investors, including Olympic gold medalist Allyson Felix, former USWNT forward Abby Wambach, and former professional lacrosse player and Premier Lacrosse League co-founder Paul Rabil.  

  • In May 2021, Just Women’s Sports raised $3.5 million in seed funding.
  • The round was led by VC firm Will Ventures.
  • It also included Kevin Durant’s Thirty Five Ventures and Drive by DraftKings. 

Just Women’s Sports’ latest funding round follows promising financial growth and reach for the platform. It saw Q1 2022 revenue grow four times what it generated for the same period last year. Just Women’s Sports is also on pace to triple its Q1 2022 revenue in Q2. 

The platform has secured sponsorship and advertising deals with major players in sports, fashion, and tech, including Nike, Puma, Dick’s Sporting Goods, and Cisco. 

Growing List 

Tsai’s backing of Just Women’s Sports adds to his growing list of sports-related investments.

Last year, he was part of a funding round for the PLL that included New England Patriots owner Robert Kraft. The Alibaba co-founder has also invested in the National Lacrosse League.

Editor’s Note: SC.Holdings is an investor in FOS.

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