Total amount raised
$178 Million
Latest funding date
2020-01-29
Location
Barstool Sports offers a diverse range of content and services, including blogs, videos, podcasts, and merchandise. The platform is known for its unique blend of sports, entertainment, and trending topics.
Keep reading to explore the intricacies of Barstool Sports' fundraising journey and the investors backing this dynamic platform.
What Is Barstool Sports?
Barstool Sports is a media company that produces a wide range of content, including blogs, videos, podcasts, and shows. The platform covers various topics such as sports, entertainment, and lifestyle, making it a comprehensive destination for fans.
Operating within the media and entertainment industry, Barstool Sports also features a store that sells branded merchandise and collaborates with other brands. The website is designed to be a one-stop destination for accessing all of Barstool's content and products.
How Much Funding Has Barstool Sports Raised?
- Corporate Round
- Amount Raised: USD 163,000,000
- Date: January 2020
- Lead Investors: PENN Entertainment
- Series Unknown
- Amount Raised: USD 15,000,000
- Date: January 2018
- Lead Investors: TCG
Barstool Sports has raised a total of USD 178,000,000 in funding.
Key Investors
- PENN Entertainment
- Details: PENN Entertainment is a prominent gaming and racing company that operates casinos and racetracks across the United States. They are known for their extensive portfolio of gaming properties and their strategic investments in digital media.
- Investment Focus Areas: Gaming, racing, digital media
- Notable Investments: Barstool Sports, Hollywood Casino, Ameristar Casino
- TCG
- Details: TCG, also known as The Chernin Group, is a media holding company that invests in and builds consumer businesses. They focus on creating and nurturing brands in the digital media and technology sectors.
- Investment Focus Areas: Digital media, technology, consumer brands
- Notable Investments: Barstool Sports, Crunchyroll, Headspace
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