What is WAVE?
Headquartered in Santa Monica, CA, WAVE distinguishes itself in the sports media landscape by managing a vast network of 130 specialized channels. These channels cater to diverse fan interests, providing content that ranges from dynamic highlight reels to in-depth profiles of athletes and teams. The company's strategic approach to content creation and distribution positions it as a key player in the digital sports media ecosystem, leveraging its broad reach to engage a wide audience.
How much funding has WAVE raised?
WAVE has raised a total of $27M across 1 funding round:
Series B
$27M
Series B (2022): $27M with participation from Crossbeam Venture Partners, TZP Group, and GPS Investment Partners
Key Investors in WAVE
Crossbeam Venture Partners
Crossbeam Venture Partners is a stage-agnostic venture capital firm that invests in exceptional founders building transformative companies across diverse industries, supporting innovative startups that shape the future.
TZP Group
TZP Group is a private equity firm specializing in investments in lower-middle market Technology & Business Services and Consumer Products & Services companies, focusing on closely held businesses where owners seek strategic, operational, and financial expertise.
GPS Investment Partners
GPS Investment Partners is a Principal Investment Partnership that engages in opportunistic investments across various sectors including financial services, media & entertainment, and wealth & asset management, leveraging expertise to identify unique investment opportunities.
What's next for WAVE?
With the recent influx of major strategic investment, WAVE is poised for accelerated growth and enhanced market penetration. The company's focus on sport-, team-, and player-specific content, distributed across its extensive channel network, provides a strong foundation for future development. This latest round of financing will likely support the expansion of its content library, technological advancements in media delivery, and potentially new strategic partnerships within the sports and media industries. The company's trajectory suggests a continued emphasis on deepening its engagement with sports enthusiasts globally.
See full WAVE company page