Total amount raised
$178 Millions
Latest funding date
01/01/2020
Location
Barstool Sports is a digital media company that produces a wide range of content focused on sports and pop culture. The platform features blogs, videos, podcasts, and photo galleries, along with sections dedicated to different personalities and shows.
Keep reading to explore the intricacies of Barstool Sports' fundraising journey and the investors backing this innovative platform.
What Is Barstool Sports?
Barstool Sports is a prominent digital media company that produces a wide range of content focused on sports and pop culture. Known for its blogs, videos, podcasts, and social media presence, the company has become a hub for sports enthusiasts and pop culture fans.
Operating within the digital media and entertainment industry, Barstool Sports offers various brands and merchandise, including Rough N' Rowdy, Stella Blue Coffee, and Barstool Golf Time. The platform provides up-to-date news, entertainment, and unique stories, making it a go-to source for its audience.
How Much Funding Has Barstool Sports Raised?
- Venture Round
- Amount Raised: $15M
- Date: January 2018
- Lead Investors: TCG
- Corporate Round
- Amount Raised: $163M
- Date: January 2020
- Lead Investors: PENN Entertainment
Barstool Sports has raised a total of $178M in funding.
Key Investors
- PENN Entertainment
- Details: PENN Entertainment is a leading provider of integrated entertainment, sports content, and casino gaming experiences. The company operates 43 properties across 20 states in the U.S.
- Investment Focus Areas: Casino gaming, sports betting, 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. The firm focuses on creating and investing in high-growth companies in the media and technology sectors.
- Investment Focus Areas: Media, technology, consumer brands
- Notable Investments: Barstool Sports, Headspace, The Athletic
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