Fanatics

Fanatics

Retailer of officially licensed sports apparel and merchandise.

HQ location
New York City, United States
Founding location
Jacksonville, United States
Launch date
Employees
Enterprise value
$31.0b
Company register number
Corporate Venture Fund
  • Edit
DateInvestorsAmountRound
-

N/A

-
*

$277m

Valuation: $277m

Acquisition
*

N/A

Corporate spinout
*

$150m

Valuation: $1.5b

Series A
N/A

$75.0m

Debt
*

$170m

Valuation: $3.1b

Series B
*

$300m

Valuation: $3.1b

Series C
*

$1.0b

Valuation: $4.5b

Series D
*

$350m

Valuation: $6.2b

Series E
*

$320m

Valuation: $12.8b

Series F
*

$325m

Valuation: $18.0b

Growth Equity VC
*

$1.5b

Valuation: $27.0b

Growth Equity VC
*

$700m

Valuation: $31.0b

Growth Equity VC
Total Funding$4.8b
More about Fanatics
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Fanatics operates a leading global digital sports platform that serves the passions of sports fans worldwide. The company offers a diverse range of products and services across three main segments: Fanatics Commerce, Fanatics Collectibles, and Fanatics Betting & Gaming. Through its platform, sports enthusiasts can purchase licensed fan gear, jerseys, lifestyle and streetwear products, headwear, and hardgoods. Additionally, Fanatics provides opportunities to collect physical and digital trading cards, sports memorabilia, and other digital assets. The company is also developing its Sportsbook and iGaming platform to cater to sports betting needs.

Fanatics boasts an extensive database of over 100 million global sports fans and a robust partner network that includes approximately 900 sports properties. These partnerships span major national and international professional sports leagues, players associations, teams, colleges, college conferences, and retail partners. The company also collaborates with 2,500 athletes and celebrities, including 200 exclusive athletes, and operates over 2,000 retail locations, including Lids retail stores.

Fanatics' business model revolves around enhancing the fan experience by offering a comprehensive suite of products and services that cater to various aspects of sports fandom. The company generates revenue through the sale of licensed merchandise, collectibles, and betting services. With a workforce of more than 22,000 employees, Fanatics is dedicated to continuously improving the fan experience and delighting sports fans globally.

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Tech stack

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Investments analysisEdit

Investments by Fanatics

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Mitchell & Ness
ACQUISITION by Fanatics Feb 2022
PwCC
ACQUISITION by Fanatics May 2023
EPI
ACQUISITION by Fanatics Apr 2023
Topps
ACQUISITION by Fanatics Jan 2022
Kitbag
ACQUISITION by Fanatics Jan 2016
Candy Digital
ACQUISITION by Futureverse Apr 2025
PointsBet Sportsbook
ACQUISITION by Fanatics Apr 2024
Fexpro
ACQUISITION by Fanatics Jun 2023
View 2 more