TACK Ventures
Brooklyn, NY, United States
Overview
TACK Ventures is an early-stage venture capital that invests in all sectors of technology for both innovation and culture.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Overtime
Participated · Series A · Feb 2018
Overtime is a NYC-based company that builds new sports leagues aimed at the next generation of sports fans and athletes and operates digital-first brands OTE (basketball) and OT7 (football). It leverages short- and long-form digital content across basketball, football, soccer, gaming and sneakers to engage a community of over 65 million followers. Its content receives more than 2 billion video views each month. The company monetizes through sponsorships, brand relationships, e-commerce, licensing and media rights. It intends to use the funds to grow OTE and OT7, create new sports leagues, expand e-commerce and web3 verticals, and continue investing in content. Overtime is led by CEO and co-founder Dan Porter and President and co-founder Zack Weiner, and has raised more than $250m in total funding. Overtime is a New York–based digital sports network that produces short-form action videos—primarily featuring high-school athletes—for distribution on social platforms. Its content is distributed across Snapchat, YouTube, Facebook and other social outlets. The company also sells branded apparel. Overtime's videos are viewed more than 1 billion times a month. Co‑founders Dan Porter and Zachary Weiner say they are developing new ways to engage and entertain the next generation of athletes and fans. Since inception the company has raised capital to scale its content and distribution efforts. Overtime is a NYC-based sports network that produces short-form and longer-form video content for younger sports fans across platforms like Snapchat and YouTube. The company uses technology, new platforms, and new formats to deliver highlights, 20-minute episodes, and longer-form series covering sports, lifestyle, and music. It operates a platform for young storytellers who film, produce, and edit content full-time, with a youthful point of view informing the programming. Led by CEO Dan Porter, Overtime plans to use the new funding to invest in content production, build out the team, and pursue international expansion into Europe, Asia and Africa. The company has over 55 employees in New York City. Financially, Overtime raised $23M in a Series B, bringing total funding to date to more than $35M. Overtime creates digital-first sports content tailored to younger viewers, focusing on storytelling around rising high-school and college athletes. Its videos appear across multiple platforms (notably YouTube) and the company has app features that let users follow specific players. Overtime emphasizes a platform-agnostic distribution strategy and has two programming deals with Comcast and NBC. The startup combines user-generated clips, curated highlights, and editorial storytelling to reduce traditional television production costs. Many Overtime videos rack up hundreds of thousands of views and the company reports that 95% of its views occur on mobile devices. It recently raised $9.5 million to fund growth and community-building for a next-generation sports network aimed at young fans.
- Greenfly
Participated · Series A · Nov 2016
Greenfly provides a platform that streamlines short-form content workflows for sports, media, and brand organizations, enabling production, compilation, management, and sharing of short-form content across networks. The Greenfly Platform bridges leagues, teams, players, broadcasters, and sponsors to facilitate collaborative content creation and distribution. The company has expanded its global footprint, welcoming over 40 new partnerships worldwide in the past year and acquiring Miro AI to bolster contextual sports content analysis. Leadership emphasizes short-form video consumption on platforms like YouTube Shorts, TikTok, and Instagram Reels as a primary engagement and monetization channel. Greenfly completed a $14 million equity funding round that exceeded its initial target. Management intends to use the capital to accelerate strategic partnerships and support continued growth after its fastest year in nearly a decade. Greenfly builds a content collaboration platform and digital media flow management system to source, create, curate and automate distribution of photos and short-form videos for social media. The product centers on event-based workflows that route, surface and curate media so athletes, teams, leagues and brands can find and share relevant content quickly. The company is investing in improved curation and data collection to surface media most relevant to users and provide insights for community relationship management. Greenfly plans to use new funding for growth and expansion, building additional collaboration tools and content as more players sign on. The platform is used across sports, media and entertainment, political campaigns, social causes and consumer brands and is now working with more than 30 sports leagues and over 500 organizations. The company reported over 100% growth so far in 2021. Greenfly provides a SaaS platform that integrates a mobile app with a private, web-based content production and orchestration system to enable brands to request, create, review, approve and post unified video and other media. The platform lets consumer brands collaborate with networks of endorsers, staff and customers to simultaneously share thematically unified content across individual social accounts and networks like Facebook, Instagram and Twitter, as well as television. Greenfly has been used by leading brands, sports leagues, teams and media companies. Co-founded in 2014 by Shawn Green and Daniel Kirschner, the company focuses on building tools to activate and orchestrate content creator networks. The new financing will be used to continue building out technology, drive user acquisition and marketing initiatives, and bolster the team with new hires. The company is based in Santa Monica, Calif. Greenfly provides sports leagues, teams, and media companies with a system that pairs a mobile app with a private, web-based content production and orchestration platform. The product lets organizations leverage networks of influencers, brand ambassadors, and staff to produce and distribute video and other media content. The company was founded in 2014 by Daniel Kirschner and Chairman Shawn Green and is based in Santa Monica, CA. Greenfly announced a Series A financing of more than $6m. The company intends to use the funds to continue to scale and to address new verticals and markets. No operating metrics beyond the fundraise are reported in the article.
Team
No current team members are available.