The Athletic Overview
- Year Founded
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2016
- Status
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Acquired/Merged
- Employees
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500
- Latest Deal Type
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M&A
- Latest Deal Amount
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$550M
The Athletic General Information
Description
Publisher of a subscription-based sports media platform designed to offer in-depth sports coverage and related information. The company's platform offers in-depth articles on local and national sports, that are free of advertisements, pop-ups, and auto-play videos, enabling users to get authentic sports news and articles from talented local and national sports journalists.
Contact Information
Website
www.theathletic.comCorporate Office
- 332 Pine Street
- Suite 900
- San Francisco, CA 94104
- United States
Corporate Office
- 332 Pine Street
- Suite 900
- San Francisco, CA 94104
- United States
The Athletic Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Merger/Acquisition | 01-Feb-2022 | $550M | Completed | Generating Revenue | ||
| 7. Merger/Acquisition | 25-May-2021 | Cancelled | Generating Revenue | |||
| 6. Later Stage VC (Series D) | 14-Jan-2020 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series C1) | 01-May-2019 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series C) | 30-Oct-2018 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 05-Mar-2018 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 31-Jul-2017 | $8.1M | $8.22M | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 22-Aug-2016 | $120K | $120K | Completed | Startup |
The Athletic Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D | ||||||||
| Series C-1 | ||||||||
| Series C | ||||||||
| Series B | ||||||||
| Series A5 | ||||||||
| Series A4 | ||||||||
| Series A3 | ||||||||
| Series A2 | ||||||||
| Series A1 | 784,049 | $0.000010 | $0.03 | $0.45 | $0.45 | 1x | $0.45 | 1.28% |
| Series A | 5,524,746 | $0.000010 | $0.06 | $1 | $1 | 1x | $1 | 9.01% |
The Athletic Comparisons
Industry
Financing
Details
The Athletic Competitors (19)
One of The Athletic’s 19 competitors is Bleacher Report, a Venture Capital-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Bleacher Report | Venture Capital-Backed | San Francisco, CA | ||||
| GiveMeSport | Formerly VC-backed | London, United Kingdom | ||||
| Mars Reel | Venture Capital-Backed | El Dorado Hills, CA | ||||
| Sports Illustrated | Private Equity-Backed | New York, NY | ||||
| The Sporting News | Private Equity-Backed | Charlotte, NC |
The Athletic Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
The Athletic Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
The Athletic Former Investors (26)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Advancit Capital | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Amasia | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority |
The Athletic Acquisitions (2)
The Athletic’s most recent deal was a Merger/Acquisition with Muddy Knees Media. The deal was made on 14-Jun-2020.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Muddy Knees Media | 14-Jun-2020 | Merger/Acquisition | Broadcasting, Radio and Television | ||
| Tifo Football | 07-Apr-2020 | Merger/Acquisition | Publishing |
The Athletic FAQs
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When was The Athletic founded?
The Athletic was founded in 2016.
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Where is The Athletic headquartered?
The Athletic is headquartered in San Francisco, CA.
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What is the size of The Athletic?
The Athletic has 500 total employees.
-
What industry is The Athletic in?
The Athletic’s primary industry is Publishing.
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Is The Athletic a private or public company?
The Athletic is a Private company.
-
What is the current valuation of The Athletic?
The current valuation of The Athletic is .
-
What is The Athletic’s current revenue?
The current revenue for The Athletic is .
-
How much funding has The Athletic raised over time?
The Athletic has raised $143M.
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Who are The Athletic’s investors?
Advancit Capital, , Amasia, , and are 5 of 26 investors who have invested in The Athletic.
-
Who are The Athletic’s competitors?
Bleacher Report, GiveMeSport, Mars Reel, Sports Illustrated, and The Sporting News are some of the 19 competitors of The Athletic.
-
When was The Athletic acquired?
The Athletic was acquired on 01-Feb-2022.
-
Who acquired The Athletic?
The Athletic was acquired by The New York Times.
Data Transparency
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