LeagueApps Announces $ 15 Million Series B Funding to Power Local and Youth Sports Experiences for All
NEW YORK–(COMMERCIAL THREAD) – LeagueApps, the operating system and community for young people and local sports leaders, today announced the completion of a $ 15 million Series B funding round to accelerate its mission: to deliver incredible sports experiences for children and communities around the world.
Founded in 2010, LeagueApps serves a mature youth sports market through its premium enrollment and management solution and NextUp, the industry’s only platform dedicated to professional development. The company also operates FundPlay, supporting organizations that deliver programs to hundreds of thousands of underserved participants. LeagueApps is the market-leading solution for thousands of enterprising partners, reaching over 10 million children and bringing the benefits of sport to families across the country.
“LeagueApps is grateful to have a group of investing teammates who share our mission to deliver impactful sports experiences for young people,” said Brian Litvack, CEO and co-founder of LeagueApps. “Creating solutions through software and new products, alongside our NextUp community and the FundPlay program, is at the heart of our commitment to supporting youth sports communities and ensuring that all young people have access to the game.”
Existing investor Contour Venture Partners led the round, bringing the company’s total funding to $ 35 million. Major League Baseball and Elysian Park Ventures, the private equity arm of the World Series champion Los Angeles Dodgers ownership group, were among other participating and existing investors.
“As the youth sports market continues to grow and mature, technology will play an increasingly central role in how sport is experienced, especially as sports organizers continue to grow and grow. more sophisticated. LeagueApps is the industry-leading platform, with the most comprehensive product and community, and the deepest partnerships with the industry’s most enterprising and influential organizations, ”said Matt Gorin, Managing Partner and Co- founder of Contour Venture Partners. “It has been a privilege to work so closely with the LeagueApps team over the years as they run with passion to provide the best solution for sports organizers and all the coaches, parents and players who rely on the LeagueApps platform. I couldn’t be more excited about the future of the company and the leadership role it plays in the market. ”
LeagueApps will use the new funding to expand its range of technology solutions, advance its community development efforts and further achieve its mission of creating a more accessible and equitable industry. The funding will accelerate LeagueApps’ engineering and product development initiatives, including the five-star Play mobile app. It will also be used to evolve the NextUp community, a professional development and networking platform that opens up new opportunities for local leaders to impact their communities, as well as its commitment to the FundPlay program.
Winner of the prestigious Aspen Institute Project Play Champion Award, FundPlay, under the leadership of 1984 Olympic gold medalist Benita Fitzgerald Mosley, supports youth sports organizations and encourages sports experiences for young people from underserved communities. The LeagueApps program has had a direct impact on nearly 250,000 children through more than 100 grant-receiving organizations, including Julie Foudy and espnW Sports Leadership Academy, with lifelong software grants, training, professional development, partnerships with aligned nonprofits and advocacy.
The round also featured a list of new LeagueApps investors, including Julie foudy (Broadcaster, Olympic gold medalist, World Cup champion), Earn money (Vice President of Basketball Operations and Team Development for the New Orleans Pelicans, NCAA Champion, WNBA Champion, Olympic Gold Medalist), Derrick Dockery (10-year NFL veteran), Peter J. Holt (President of Spurs Sports & Entertainment & CEO and Managing Director, HOLT CAT), Laura Dixon (Founder & President, [PRO] Sports Assembly) and leading investment management company Hamilton Way.
JULIE FOUDY: “As part of the FundPlay program through my Academy, I have witnessed how LeagueApps focuses on leaders in sports programming. This partner-first engagement, including through technology, is a philosophy that makes all the difference. He helps organizational leaders ensure they can stay focused on developing the next generation of leaders in life, not just sport. This is the culture that our industry needs. I can’t wait to start making this culture a reality with LeagueApps, FundPlay, and the NextUp community.
SWIN CASH: “When I attended the first NextUp conference in 2019, I was fortunate to see first-hand the impact of LeagueApps and the championship culture their team has established. I share their vision of a world where everyone can enjoy the benefits of sport, and their commitment to innovation and professional development for young people and local sport leaders. My entire career has been about building teams and communities, and I’m excited to do the same with my involvement with LeagueApps.
DERRICK DOCKERY: “Industries need visionaries to move them forward, especially in the difficult times facing our society. Since its inception, LeagueApps has continuously brought the industry to the forefront through its commitment to service. Whether it’s co-founding the PLAY Sports Coalition or mobilizing grassroots efforts to secure dedicated sports betting revenue allocations to nonprofits in underfunded communities, LeagueApps is strengthening the industry. , together, at every point of contact. I’m proud to join LeagueApps to reinvent the ways we can create a better world through sport.
Along with existing investors including Paul Rabil, Shane Battier, David Robinson, Dhani Jones, Mark Gerson, Jason Finger and Nancy and Arn Tellem, these sports and business leaders join the LeagueApps team at a time of rapid growth as demand of sports experience is soaring. in the aftermath of an unprecedented year. They share a commitment to strengthening the youth sports industry and helping more children and communities benefit from sport.
LeagueApps is committed to a world where all children and all communities enjoy the benefits of sport. Born and raised in New York City, it is the operating system and professional community of the most enterprising young people and local sports organizers, providing them with the solutions they need to succeed. LeagueApps works with thousands of influential and fast growing youth sports organizations, as well as professional teams, leagues and athletes. Through its NextUp software and platform, which provides organizers with leadership development and networking opportunities, LeagueApps supports and strengthens the youth sports industry. He also manages FundPlay, a philanthropic program focused on sport-based youth development programs in underserved communities.
Visit leagueapps.com for more information.