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League One Volleyball raised $100M in a funding round led by Atwater Capital to support the launch of its pro league in January.

Nov 21, 20248 months ago

Amount Raised

$100 Million

Los AngelesSports

Investors

Left Lane CapitalAres ManagementAtwater Capital

Description

League One Volleyball has successfully raised $100 million, with key contributions from Atwater Capital, Ares Management, and Left Lane Capital. This funding aims to create a platform for women and youth athletes as LOVB prepares to debut its professional league in January.

Company Information

Company

League One Volleyball

Location

Los Angeles, California, United States

About

League One Volleyball (LOVB) is a professional volleyball league founded in 2020, aimed at fostering a grassroots-to-pro pipeline in support of women's and youth volleyball. LOVB is preparing to launch its league, LOVB Pro, in January, with a commitment to creating a thriving platform for athletes. The organization has garnered significant investment, focusing on enhancing media and entertainment experiences for volleyball fans. With an emphasis on a unique ecosystem for the sport, LOVB aims to engage future generations of exceptional athletes.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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