Fanatics

Licensed fan apparel and merchandise, trading cards and collectibles, and a sportsbook and online casino. The collectibles unit includes Topps, and the group also runs live events and a prediction-market platform.

Consumer & mediaLicensed sports merchandise, trading cards and sports bettingNew York, United States
FoundersSince 2011
Valuation
$31B
Total raised
$4.9B
Last round · Dec 2022
Funding round
Founded
2011
Employees
22,000
Quarters in VP50
13

Valuation

$1B$10B20182019202020212022$31B
Fanatics priced rounds
RoundDatePost-money valuationRaisedLed by
Funding roundAug 8, 2017$4.5B$1.0BSoftBank's Vision Fund
Series EAug 13, 2020$6.2B$350MFidelity and Thrive Capital
Series FMar 24, 2021$13B$320MSilver Lake
Funding roundAug 10, 2021$18B$325MUnknown
Series A (subsidiary)Sep 29, 2021$10B$350MInsight Partners and Silver Lake
Funding roundMar 2, 2022$27B$1.5BUnknown
Funding roundDec 6, 2022$31B$700MClearlake Capital
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

In VP50

  1. Q4 2023: no place
  2. Q1 2024: no place
  3. Q2 2024: no place
  4. Q3 2024: no place
  5. Q4 2024: no place
  6. Q1 2025: no place
  7. Q2 2025: no place
  8. Q3 2025: no place
  9. Q4 2025: no place
  10. Q1 2026: no place
  11. Q2 2026: no place
  12. Q3 2026: no place
  13. Q4 2026: no place

Place by quarter since Q4 2023. Best place #18, held for two quarters in a row.

Funding rounds

DateRound · leadRaisedValuation
Dec 6, 2022Funding round · Clearlake Capital$700M$31B
Mar 2, 2022Funding round$1.5B$27B
Sep 29, 2021Series A (subsidiary) · Insight Partners, Silver Lake$350M$10B
Aug 10, 2021Funding round$325M$18B
Mar 24, 2021Series F · Silver Lake$320M$13B
Aug 13, 2020Series E · Fidelity, Thrive Capital$350M$6.2B
Aug 8, 2017Funding round · SoftBank's Vision Fund$1.0B$4.5B
Aug 25, 2015Funding round · Silver Lake$300M—
Jun 7, 2013Funding round · Alibaba Group, Temasek Holdings$170M—
Jun 6, 2012Funding round · Insight Venture Partners$150M—

Team

  • Michael Rubin
    Founder, CEO
  • Glenn H. Schiffman
    Executive vice president, CFO
  • Gregg Winiarski
    Chief legal officer
  • Tucker Kain
    Chief strategy and growth officer
  • Toretha McGuire
    Chief people officer
Fanatics | Venture Place