Buzzer Secures $20 Million In Series A Financing Led By Sapphire Sport, Canaan Partners, And A Dynamic Collective Of Superstar Athletes And Team Owners
Summary
"Were grateful to have so many influential industry leaders as partners who have a shared vision of creating a platform and community built to close the generational gap in live sports consumption. Well continue to build Buzzer with fans interests in mind and with a partner-first approach that presents new opportunities for them to reach net new audiences, define new revenue streams, and offer added value to their existing subscribers." Other notable investors include more than 20 current and former athletes including Pat Connaughton, Madison Hammond, Scotty James, Christian McCaffrey, and Apolo Ohno; team owners David Blitzer [New Jersey Devils, Philadelphia 76ers], GSW Sports Ventures [an affiliate of the Golden State Warriors], Steve Kaplan [D.C. United, Swansea City], Steve Koonin [Atlanta Hawks], Lerner Enterprises [Washington Nationals], Stephen Pagliuca [Boston Celtics], Michael Jordan and Curtis Polk [Charlotte Hornets, 23XI Racing], Steve Simon [Indiana Pacers, Indiana Fever], Jeffrey Vinik [Tampa Bay Lightning], and WISE Ventures [shared ownership of Minnesota Vikings, Orlando City SC, Orlando Pride]; influential leaders in the sports and entertainment community including Ros Gold-Onwude, Ibrahim Hamad, Devin Johnson, Estee Portnoy, and Taylor Rooks; and investment firms Black Capital, Chetrit Ventures, JDS Sports, Jump Capital, LionTree Partners, OneTeam Partners, Targa Partners, and Micromanagement Ventures, the fund of the late David Stern. Buzzer administers a mentorship program focused on cultivating a community of industry leaders across sport, technology, and media paired with mentees from Historically Black Colleges and Universities (HBCUs) as part of its broader Strive Initiative. With over $5 billion under management, a diversified fund, and hundreds of exits to date, we partner with entrepreneurs building the next generation of technology and healthcare companies that will transform how we live, work, and thrive.