2018 at the epicenter of sports and tech
At SeventySix Capital, we had an exciting 2018. As a venture capital fund focused on the convergence of sports and tech, one of the most significant moments of the year occurred on May 14th.
When the United States Supreme Court overturned the federal ban on sports betting, casinos and sports betting companies were enabled to expand their operations across America into states that passed sports betting legislation. Excitedly, this also opened the door for entrepreneurs to build companies in this industry.
In 2018, the team at SeventySix Capital sourced opportunities from entrepreneurs around the world and invested in companies in the data collection, data analytics, media and broadcasting industries, adding to our existing portfolio of sports tech and esports startups.
Finally, we launched our SeventySix Capital Athlete Venture Group (“AVG”) to leverage the financial and social capital that professional athletes have to offer. The AVG allows players to invest, learn, and work directly with top sports tech startups and entrepreneurs. AVG members include Ryan Howard (Chairman), DeMarco Murray, Ralph Sampson and Brian Westbrook.
We’re passionate about the future of sports tech and proud to support the top entrepreneurs who are building it.