Three Kings Capital
450 Lexington Avenue, 2nd Floor #1581, New York, NY, 10017, United States
Overview
Private equity platform protecting assets from cyber threats.
Founded
2008
Deals · 12mo
0
Links
Stage focus
Geographic focus
Sector focus
Investment portfolio
- Forever Network
Participated · Series A · Mar 2024
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.