Unrivaled Women’s Sports League Achieves $340 Million Valuation with Series B Funding

The Unrivaled professional women’s sports league, presented by Samsung Galaxy, has successfully concluded its Series B funding round, which was oversubscribed. This investment round, spearheaded by Bessemer Venture Partners, results in a remarkable league valuation of $340 million, marking a significant achievement for a league that was launched just two years ago. This funding indicates a growing trust among investors in Unrivaled’s athlete-centered business model and its trajectory to transform the sports industry.

Investment Highlights

Joining Bessemer in this round are several esteemed investors, including:

• Serena Ventures
• Warner Bros. Discovery
• Trybe Ventures (founded by soccer player Alex Morgan)

Notable new contributors include NBA All-Star Trae Young, University of Maryland President Darryll J. Pines and Sylvia Pines, sports executive Sam Rapoport, along with Orlando Magic players Franz and Moritz Wagner. Additionally, Next Legacy Partners contributed, enhancing the league’s array of strategic supporters.

A Bold Vision for Athletes

Launched in 2023, Unrivaled aims to empower athletes by recognizing them as not only performers but also as stakeholders in the league. This initiative offers the highest average salaries recorded in professional women’s sports and allows players from the inaugural season to hold equity. As the league’s value increases, its athletes will benefit from a progressive compensation framework that aligns individual success with the league’s overall growth.

Investors’ Confidence Reflects Market Momentum

This latest round of funding follows a wave of enthusiasm from investors, which had begun in the previous year when Unrivaled attracted capital from a diverse group of industry leaders and cultural icons. Previous investors include sports stars like Giannis Antetokounmpo, Carmelo Anthony, Geno Auriemma, Stephen Curry, Coco Gauff, Billie Jean King, and Michael Phelps. Their ongoing support highlights Unrivaled’s relevance within cultural and sports contexts and illustrates its capacity to innovate the traditional model of sports leagues.

Statements from Leadership

Unrivaled President Alex Bazzell commented, “We’re continuing to align with partners who elevate our league and accelerate our strategic growth. With Bessemer Venture Partners leading this round, Unrivaled is in an unprecedented position for a new sports league. Bessemer’s world-class leadership, combined with the collective influence of our entire investor group, amplifies our mission and pushes the industry forward. This rise in Unrivaled’s valuation reflects investor confidence and proves that athlete-driven models can thrive at the highest levels of business.”

Caty Rea, Vice President at Bessemer Venture Partners, added, “At Bessemer, we’ve had the privilege of backing many category-defining companies, and we believe Unrivaled is building the next great sports league. What impressed us most is the league’s outstanding business performance—achieving both rapid growth and impressive unit economics in its first year of operations—alongside its focus on both athlete advocacy and extraordinary fan engagement. We’re thrilled to partner with Unrivaled to take the league to the next level.”