What is Overtime?
Overtime, based in Brooklyn, has established itself as a premier brand targeting the next generation of sports enthusiasts. Over a span of five years, the company has cultivated a vast community, amassing nearly 50 million social media followers across diverse verticals. Its operations encompass content creation, e-commerce, a dedicated sports app, and the organization of live events, demonstrating a comprehensive approach to engaging its audience.
How much funding has Overtime raised?
Overtime has raised a total of $195M across 5 funding rounds:
Angel/Seed
$2.5M
Series A
$9.5M
Series B
$23M
Series C
$60M
Series D
$100M
Angel/Seed (2017): $2.5M with participation from Greycroft Partners, 645 Ventures, Correlation Ventures, TACK Ventures, Chaac Ventures, and Fitz Gate Ventures
Series A (2018): $9.5M led by Andreessen Horowitz
Series B (2019): $23M supported by Spark Capital and Andreessen Horowitz
Series C (2021): $60M featuring SapphireSports and BLACK CAPITAL PARTNERS
Series D (2022): $100M backed by CM Venture Capital Fund III, Capricorn Sustainable Chemistry Fund, and OGCI Climate Investments
Key Investors in Overtime
SapphireSports
Sapphire Sports specializes in sports accessories and equipment, indicating a potential strategic interest in the sports ecosystem surrounding Overtime's content and community.
BLACK CAPITAL PARTNERS
BLACK CAPITAL PARTNERS operates within the Venture Capital & Private Equity industry, suggesting a financial investment focus aimed at growth and market expansion for Overtime.
OGCI Climate Investments
OGCI Climate Investments, part of the Oil and Gas Climate Initiative, focuses on accelerating the industry's transition to a net-zero future, implying a forward-looking investment strategy that may align with Overtime's innovative approach to media and fan engagement.
What's next for Overtime?
The substantial enterprise-level funding indicates Overtime is poised for significant scaling and expansion. This strategic investment will likely fuel further development of its content platforms, e-commerce initiatives, and potentially new ventures into emerging sports verticals or international markets. The company's focus on digital-native content and community building positions it to capitalize on the changing consumption habits of younger sports fans, suggesting a trajectory towards becoming a dominant force in sports media.
See full Overtime company page
