Unrivaled Basketball Valued At $650 Million After New Funding Round

Aug 27, 2026 03:41 AM - 2 hours ago 1

Unrivaled Basketball has surpassed its $100 cardinal fundraising target successful an oversubscribed Series C information that values the women’s hoops convention astatine $650 million, the statement announced Wednesday.

Ten Pillars Sports Fund, backed by UC Investments, led the round. Unrivaled did not disclose the last magnitude raised. The information besides included investments from Jenny Just, Carmelo Anthony, Geno Auriemma, the Berman family, Bessemer Venture Partners, Ashton Kutcher, Alex Morgan and Trybe Ventures, Dan Rosensweig and Trae Young.

The Series C information builds connected an oversubscribed Series B finance announced successful September 2025 that accrued Unrivaled’s valuation to $340 million.

WNBA stars Napheesa Collier (Minnesota Lynx) and Breanna Stewart (New York Liberty) founded Unrivaled successful 2023. The convention gives participating players equity opportunities successful summation to salaries and benefits. Unrivaled said players stay its largest shareholder group and that the subordinate equity excavation is now weighted astatine astir $200 million, an summation of much than 550% since its inception.

“This raise is fueling the adjacent shape of Unrivaled’s maturation and expanding our effect crossed the women’s hoops ecosystem,” CEO and co-founder Alex Bazzell said successful a statement.

Bazzell said the convention is moving pinch investors who stock its extremity of creating worth and opportunities for players while improving the crippled for fans. He described subordinate ownership, activity and ambition arsenic cardinal to the league’s model.

“The infinitesimal for women’s sports is here,” Jagdeep Singh Bachher, main finance serviceman astatine UC Investments, said successful a statement. “Young group get it. We get it. Anyone who’s watched Unrivaled knows this crippled is each spot arsenic thrilling arsenic immoderate different athletics retired there.”

Investment In Unrivaled Basketball Follows Organic Growth

The backing follows Unrivaled’s 2nd season, erstwhile the convention expanded to 8 clubs and 54 players up of schedule. Unrivaled reported maturation successful ticketing, merchandise, societal media, instrumentality engagement and its integer operations.

The convention besides took its games connected the roadworthy for the first 2 times, drafting sold-out crowds astatine Xfinity Mobile Arena successful Philadelphia and Barclays Center successful Brooklyn, New York. Unrivaled said the Philadelphia arena group records for the highest-attended regular-season master women’s hoops crippled and the highest-attended arena astatine Xfinity Mobile Arena.

“From the beginning, our extremity has been to raise the modular for what players and fans should expect from women’s basketball,” Collier said successful a statement. She said the finance would thief create an situation successful which players tin compete and thrive while improving the acquisition for fans.

Stewart said the backing reflects investor assurance successful a convention designed to springiness players a liking successful the worth they create.

“Moving forward, this finance gives america moreover much resources to support our players, elevate the acquisition for fans, and turn a convention that is shaping the early of women’s basketball,” she said.

Maddie Winslow, a head astatine Inner Circle Sports, said the league’s grounds of execution helped make request for the fundraising round. Inner Circle Sports represented Unrivaled successful the transaction.

Unrivaled Basketball’s 3rd play is scheduled to statesman successful January 2027 and will aerial nationally crossed TNT Sports. Some confirmed stars for play 3 see Gabby Williams (Golden State Valkyries), Olivia Miles (Minnesota Lynx), Flau’Jae Johnson (Seattle Storm) and Marine Johannès (New York Liberty).