The sports industry is full of new opportunities, and venture capital firms are taking notice. For founders building something new in this space, connecting with the right investor is more possible than ever.
Firms like China's ZhenFund have backed nearly 800 companies, while US-based Sapphire Ventures has seen over 100 of its investments exit. These are just a couple of the active players ready to hear your pitch.
Below is our list of the best 16 Sports VC firms.
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Buy It For $97 $297 →Sapphire Ventures backs enterprise software companies globally, investing from the seed stage through late-stage growth with its distinct venture, partners, and sport-focused funds. The firm has helped build major successes like Docusign, Monday.com, and Mulesoft, providing strategic services through a dedicated portfolio growth team to help companies scale.
| Headquarters | Austin, Texas, United States |
| Year Founded | 1996 |
| Founders | Andreas Weiskam, David Hartwig, Doug Higgins, Jai Das, Nino Marakovic |
| Total Funding | $8.8B |
| Average Check Size | $10M |
| Industries | AI & ML, Enterprise, SaaS, Crypto & Blockchain, Cybersecurity, Big Data & Analytics, Devops, Fintech, Healthcare, Sports |
| Investment Stage | Early Stage, Late Stage, Seed, Series A, Series B |
| Nº of Investments | 368 (137 as Lead Investor) |
| Nº of Exits | 104 (33 IPO'd) |
| Top Portfolio Startups | Docusign, Monday.com, Mulesoft |
| Contact | info@sapphireventures.com / +1 650 382 1110 |
Album VC backs early-stage technology ventures across sectors like SaaS, gaming, and big data analytics. With a philosophy that prioritizes people over transactions, they aim to create lasting value and help shape the future of technology and culture.
| Headquarters | Lehi, Utah, United States |
| Year Founded | 2014 |
| Founders | Diogo Myrrha, John Mayfield, Sid Krommenhoek |
| Total Funding | $392.1M |
| Industries | Big Data & Analytics, Productivity, Gaming, SaaS, Education, Sports |
| Investment Stage | Early Stage, Late Stage, Seed |
| Nº of Investments | 110 (33 as Lead Investor) |
| Nº of Exits | 18 (3 IPO'd) |
| Top Portfolio Startups | Luz Data, Luz, Roster |
As a global early-stage venture fund, TheVentureCity invests in product-centric startups throughout the US, Europe, and Latin America. They support companies from pre-seed to Series A, writing checks that range from $100,000 to $4 million.
| Headquarters | Miami, Florida, United States |
| Year Founded | 2017 |
| Founders | Laura Gonzalez-Estefani |
| Total Funding | $125M |
| Average Check Size | $4M |
| Industries | Fintech, Advertising, Media, Marketing, SaaS, Mobility, Marketplace, Sports, Travel & Hospitality, Cybersecurity, Health & Wellness, Proptech & Real Estate, E-Commerce, Supply Chain & Logistics, Productivity, Gaming |
| Investment Stage | Early Stage, Late Stage, Seed, Pre-Seed, Series A |
| Nº of Investments | 142 (20 as Lead Investor) |
| Nº of Exits | 12 |
| Top Portfolio Startups | Bfore.Ai, Delitbee, Sturdy Exchange |
| Contact | hello@theventure.city |
Golden Ventures provides seed-stage capital to ambitious founders across North America. The firm focuses on taking early risks with resilient teams, building a portfolio that includes successes like Skipthedishes.
| Headquarters | Toronto, Ontario, Canada |
| Year Founded | 2011 |
| Founders | Matt Golden |
| Total Funding | $230.9M |
| Average Check Size | $2M |
| Industries | Consumer, Crypto & Blockchain, Education, Gaming, Fintech, Food & Beverage, Life Sciences, Media, Manufacturing, Sports |
| Investment Stage | Early Stage, Late Stage, Seed |
| Nº of Investments | 181 (34 as Lead Investor) |
| Nº of Exits | 28 |
| Top Portfolio Startups | Skipthedishes, Joist, Inkbox |
| Contact | (415) 986-8888 |
Started by the co-founders of New Oriental, ZhenFund backs exceptional founding teams in China at the seed stage. In collaboration with Sequoia Capital China, they support a network of over 800 companies with mentorship, fundraising assistance, and a strong founder community.
| Headquarters | Beijing, Beijing, China |
| Year Founded | 2011 |
| Founders | Bob Xiaoping Xu, Victor Wang |
| Industries | E-Commerce, Consumer, Education, AI & ML, Enterprise, Internet & Mobile, Media, Hardware, AR & VR, Fintech, Healthcare, Entertainment, Sports |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 791 (180 as Lead Investor) |
| Nº of Exits | 59 (23 IPO'd) |
| Contact | media@zhenfund.com / 86 10 8447 5668 |
M25 backs early-stage tech startups across the Midwest, investing from pre-seed to seed rounds. With a portfolio spanning dozens of industries, they work to build a more connected and collaborative tech ecosystem throughout the region.
| Headquarters | Chicago, Illinois, United States |
| Year Founded | 2015 |
| Founders | Victor Gutwein |
| Total Funding | $32M |
| Average Check Size | $3M |
| Industries | Big Data & Analytics, IoT, Consumer, E-Commerce, Education, Legal, Enterprise, Entertainment, Media, Sports, Fintech, Food & Beverage, Healthcare, Hardware, Marketing, Proptech & Real Estate, Transportation, Supply Chain & Logistics |
| Investment Stage | Early Stage, Seed, Pre-Seed |
| Nº of Investments | 178 (27 as Lead Investor) |
| Nº of Exits | 27 |
| Top Portfolio Startups | OpenFinance Network, Petronics, Pactsafe |
| Contact | victor@m25vc.com / (219) 819-2002 |
Superhero Capital provides seed-stage funding to insight-driven startups across Finland and the Baltics. They write checks from €100k to €1M to help founders in sectors like SaaS and healthcare build businesses from their unique market observations.
| Headquarters | Helsinki, Southern Finland, Finland |
| Year Founded | 2015 |
| Founders | Gytenis Galkis, Jakob Storå, Juha Ruohonen, Jussi Harvela, Moaffak Ahmed |
| Total Funding | €50M |
| Average Check Size | €1M |
| Industries | Health & Wellness, Healthcare, Marketplace, Education, Big Data & Analytics, Entertainment, Future of Work, SaaS, Sports |
| Investment Stage | Seed, Early Stage |
| Nº of Investments | 76 (41 as Lead Investor) |
| Nº of Exits | 4 |
| Top Portfolio Startups | Builderhead, Attractive.ai, Zenniz |
| Contact | nexthero@superherocapital.com / 358 40 3511892 |
Relay Ventures backs founders at the earliest stages, focusing on startups that are creating new markets through mobile software and services. Their deep expertise in the mobile ecosystem has helped launch companies like the scooter-sharing service Bird.
| Headquarters | Toronto, Ontario, Canada |
| Year Founded | 2008 |
| Founders | John Albright, Kevin Talbot |
| Total Funding | $15M |
| Average Check Size | $12M |
| Industries | AI & ML, Hardware, Robotics, Proptech & Real Estate, Fintech, Sports, SaaS |
| Investment Stage | Early Stage, Late Stage, Seed, Series A |
| Nº of Investments | 200 (66 as Lead Investor) |
| Nº of Exits | 55 (7 IPO'd) |
| Top Portfolio Startups | Luma, Circle Media, Bird |
| Contact | toronto@relayventures.com / +1-416-367-2440 |
HCVC backs early-stage hardtech companies around the world, focusing on sectors from robotics and AI to biotech and energy. The firm also operates Hardware Club, a selective community of over 500 startups, to give hardtech founders dedicated resources and support.
| Headquarters | Paris, Ile-de-France, France |
| Year Founded | 2015 |
| Founders | Alexis Houssou, Barbara Belvisi |
| Total Funding | $80M |
| Industries | SaaS, Healthcare, Energy, Biotech, Automation, Crypto & Blockchain, AI & ML, Sports, Robotics |
| Investment Stage | Early Stage, Late Stage, Seed, Series A, Pre-Seed |
| Nº of Investments | 84 (19 as Lead Investor) |
| Nº of Exits | 6 |
| Top Portfolio Startups | Antaris, Stealth, Screenshot |
| Contact | contact@hardwareclub.co |
Backed by Porsche and Axel Springer, APX partners with ambitious, very-early-stage startups across Europe, often becoming their first investor. They provide an initial €50K investment with the potential for up to €500K in follow-on funding, building a portfolio of over 100 companies across more than 20 industries.
| Headquarters | Berlin, Berlin, Germany |
| Year Founded | 2018 |
| Founders | Gabrielė Poteliūnaitė, Henric Hungerhoff, Joerg Rheinboldt |
| Total Funding | €55M |
| Average Check Size | €500k |
| Industries | AR & VR, Fintech, Education, Consumer, Big Data & Analytics, Media, Gaming, Transportation, Proptech & Real Estate, Manufacturing, Sports, Marketing, Human Resources, SaaS, Healthcare |
| Investment Stage | Early Stage, Seed, Pre-Seed |
| Nº of Investments | 180 (50 as Lead Investor) |
| Nº of Exits | 6 |
| Top Portfolio Startups | Dogo, Hirize, Seashell |
| Contact | hello@apx.vc |
6 Additional Sports VC Firms Worth Pitching
The top picks are a great starting point, but there are many more investors shaping the future of sports. The firms that follow have collectively invested in over 850 startups and seen nearly 100 of them through to an exit. Their reach is global, with funds operating from the United States, the United Kingdom, and Malaysia. Here’s a look at more venture capital firms funding what's next in sports.