Unrivaled women’s basketball league now valued at $340M million after landing more celebrity funding
Another group of big-name sports figures have invested in Napheesa Collier and Breanna Stewart’s 3-on-3 women’s basketball league Unrivaled as it aims to build on its promising inaugural season.
The league announced Monday that it is now valued at $340 million after closing its oversubscribed Series B investment round led by Bessemer Venture Partners — a massive figure for the young league that just wrapped up its first season in March, and a reflection of the increasing momentum and interest in women’s sports.
Serena Williams’ venture capital firm Serena Ventures came on as an investor, along with Atlanta Hawks star guard Trae Young, Franz and Moritz Wagner of the Orlando Magic, University of Maryland president Darryll J. Pines and his wife Sylvia, and prominent sports executive Sam Rapoport.
Alex Morgan’s Trybe Ventures and Warner Bros. Discovery also built on their previous investments in the league.
This round of investments comes after the league said i...
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