The LPHF is a professional women's hockey league founded in 2023 by the Mark Walter Group and Billie Jean King Enterprises. The league has just taken on its first outside investors, with Kilmer Sports Ventures and Ilitch Companies joining as strategic partners. A source reported that Kilmer invested US$100 million; the size of Ilitch's investment was not disclosed. Both new investors will occupy advisory, strategic roles rather than operational positions and are not investing in individual teams. Kilmer Sports Ventures is linked to Larry Tanenbaum and holds stakes in the Toronto Tempo (WNBA) and MLSE, while Ilitch Companies owns Ilitch Sports + Entertainment, the Detroit Red Wings, the Detroit Tigers and Little Caesars Arena. The league did not disclose financial metrics or specific uses of the new capital in the article.

Total raised

$100M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2026