• Unrivaled

  Participated · Series A · Dec 2024

  Unrivaled is a professional women's basketball league co-founded by Breanna Stewart and Napheesa Collier and launched in January 2025. The league features top women's basketball stars competing in a compressed full-court 3-on-3 format across six clubs. Its business model emphasizes a player-first compensation structure that includes equity stakes for participating athletes and claims the highest average salary in professional women's sports league history. Unrivaled reported rapid growth and strong unit economics in its inaugural season, which investors highlighted when leading the recent Series B. The company secured an oversubscribed Series B that values the league at $340 million and drew participation from strategic media and athlete investors. The league's second season is scheduled to tip off in January 2026 as it continues to expand its operations and fan engagement.

• Here Be Dragons

  Led · Series A · Aug 2017

  Here Be Dragons is an immersive production studio focused on virtual-reality content and expanding into augmented reality. The company closed a $10 million Series A led by Discovery and has a $55 million pre-money valuation. Leadership says the studio has reached profitability and has worked with partners including Nike, Samsung, The New York Times and GE. Proceeds from the round will be used to build out the studio’s divisions, with particular emphasis on creative development. Founded in 2014 as the sister company to VR platform Vrse (now Within), the companies collaborate occasionally but operate independently and share co-founder Chris Milk. The studio is pursuing AR work (including a Comic-Con HoloLens project with FX) and is watching phone-based AR via Apple’s ARKit for future content opportunities.

• WinView Games

  Participated · Series B · May 2017

  WinView is a second-screen mobile platform that synchronizes with live televised sports to deliver skill-based prediction games and prizes. The WinView app syncs with television programming and commercials, rewarding sports fans who answer in-game questions while competing with friends in real time. It focuses on free mobile two-screen games across professional sports, including MLB, NBA and NFL. The company says it will use the new funds to further develop and market its skill-based mobile app across those sports. Launched in 2014, WinView is led by founder and CEO David Lockton and Executive Chairman Tom Rogers and is based in San Francisco and New York. Financially, the company previously raised $8m and has now completed a $12m Series B. WinView provides an app called WinView Games that lets users play along in real time with live televised sports to compete and win prizes. The games are produced in a live studio environment by game producers who react to what is happening on the playing field. The company operates an advertising-supported business model. Led by founder and CEO Dave Lockton, WinView intends to use the new funds to complete development and launch the WinView Games app. The company is based in San Francisco and has raised a total of $6.5M to date. WinView's core product, WinView Games, is a real-time synchronized two-screen sports app that enables fans to play skill-based, in-game competitions and proposition-style contests during live televised sports for cash rewards and prizes using a freemium model. The company plans to complete development and launch the app with the 2015 football season. WinView positions the product between fantasy sports and live in-play betting, targeting a broad spectrum of fans—citing over 180 million casual professional sports fans, 41 million fantasy players, and large in-play betting markets internationally. The service is free to play and described as legal across the U.S. and Canada. WinView highlights its intellectual property position with 18 issued and 19 pending patents related to TV-second-screen synchronization and multiplayer contests. Financially, the company has completed a $1.15 million second round of financing and previously raised $2.0 million in its first round; investors in the new round are predominantly senior executives from the consumer packaged-goods industry.

• Group Nine

  Led · Equity · Oct 2016

  Group Nine bundles four digital media brands—Thrillist (lifestyle), NowThis (video news), The Dodo (animals) and Discovery’s Seeker—into a single multi-brand holding while letting each operate independently. The combined organization aims to leverage shared data, insights and advertiser relationships to scale and stay ahead of consolidation in digital content. Ben Lerer will serve as CEO of the combined company, and several of the merging brands have Lerer family ties. Advertisers will be offered campaigns that run across all four properties. Group Nine’s brands collectively deliver roughly 3.5 billion video views per month and more than 12 billion monthly social impressions. Discovery will be a minority investor and Axel Springer will be the second-largest shareholder, and The Dodo’s founder Izzie Lerer will continue to lead that brand.

• FloSports

  Participated · Series B · Aug 2016

  FloSports operates a direct-to-consumer live sports streaming service that launched in 2009 and concentrates on marginalized sports not regularly covered in traditional media. The platform has expanded to cover more than 20 sports, including track and field, wrestling, soccer, basketball, volleyball, rodeo and others. FloSports says it tapped into fans' passion for the sports they play and has inked or extended at least 250 media rights deals in the prior year to boost availability and create content about key matches and athletes. The company recently signed a four-year, seven-figure partnership with the Colonial Athletic Association to cover the league's 22 sports. Management says it will use the new funding to broaden existing coverage and expand into new verticals to further enrich underserved sports communities. Operating metrics reported include subscriber numbers and annual recurring revenue both growing by more than 50% year over year, with net subscriber growth through Q1 2019 exceeding all subscriber growth in 2018. FloSports is a direct-to-consumer, subscription-based sports media company that livestreams premier events, produces original programming, and runs weekly studio shows. It operates a network of 14 dedicated verticals including wrestling, track, grappling, MMA, elite fitness, boxing, fastpitch softball, gymnastics, basketball, tennis, volleyball, cheerleading and eSports. This year the company launched four new sites — FloVolleyball, FloCombat, FloTennis and FloKO — and in recent months has livestreamed events such as the PGF National Championships, the World Jiu-Jitsu IBJJF Championship, Pan-American competitions and The Cheerleading Worlds. FloSports positions itself as a direct monetization partner for leagues, governing bodies and independent rights holders to help them monetize events and reach fans. The company says this approach allows it to serve millions of sports fans and to grow sports, athletes, events and communities. FloSports is based in Austin, Texas. Flocasts is an Austin, TX–based sports media property and events company co-founded in 2006 by Martin and Mark Floreani and Madhu Venkatesan. The company focuses on four primary verticals — Flotrack, Gymnastike, Flowrestling and the newly launched Floelite — that provide fans with live streaming of top events, original weekly web series, workouts and insider doc-series. It also creates and operates owned live events, including the Beer Mile World Championship, Who’s #1 wrestling competition and The Premiere League professional wrestling league. The company received $8M in funding from Causeway Media Partners. Flocasts intends to use the funds to expand and grow operations.

No current team members are available.