Forever Network operates a social-first sports media platform covering breaking news, commentary, rumours and culture, anchored by its Basketball Forever brand. The company reports 8 million cross-platform subscribers and followers and monthly engagement of about 110 million unique users across 65 countries. Basketball Forever accounted for around 11% of every social action taken in Australia last year, and partnerships with brands such as Nike, Adidas and Under Armour drive revenue. Forever Network says it has grown roughly 28% annually over the past nine years. The company plans to use new capital to expand into the U.S. in the second half of 2024, launch new sports media verticals, and expand its roster of free and monetised games. It is also exploring sports betting in the U.S. and expansion into baseball, ice hockey and NFL verticals.

Total raised

$6M

Funding rounds

1

Latest round

Series A

Latest activity

Mar 2024