About CBS Sports
CBS Sports is a company based in Carlsbad (United States) founded in 1999 was acquired by CBS Corporation in November 2005. It operates as a Advertising Model, and Subscription Services. CBS Sports has raised $37 million across 1 funding round from investors including J P Morgan, The Coca-Cola and Allen & Company. CBS Sports offers products and services including Sports News and Media, Fantasy Sports, and Sports Betting Content.
- Headquarter Carlsbad, United States
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cbs Broadcasting Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$37 M (USD)
in 1 rounds
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Latest Funding Round
$37 M (USD), Series C
Aug 11, 2004
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Investors
J P Morgan
& 4 more
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Employee Count
Employee Count
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Acquired by
CBS Corporation
(Nov 03, 2005)
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Products & Services of CBS Sports
CBS Sports offers a comprehensive portfolio of products and services, including Sports News and Media, Fantasy Sports, and Sports Betting Content. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Sports news and updates are provided for fans.
Fantasy sports games are offered for user engagement.
Sports betting odds and analysis are shared online.
Funding Insights of CBS Sports
CBS Sports has successfully raised a total of $37M through 1 strategic funding round. The most recent funding activity was a Series C round of $37 million completed in August 2004. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series C — $37.0M
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First Round
First Round
(11 Aug 2004)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2004 | Amount | Series C - CBS Sports | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CBS Sports
CBS Sports has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include J P Morgan, The Coca-Cola and Allen & Company. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Economic growth is supported via family-backed investments in New York.
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Founded Year | Domain | Location | |
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Comprehensive financial services are provided to corporations and individuals.
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Founded Year | Domain | Location | |
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Wealth management firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CBS Sports
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CBS Sports
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cbs Sports Comparisons
Competitors of CBS Sports
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CBS Sports
When was CBS Sports founded?
CBS Sports was founded in 1999 and raised its 1st funding round 5 years after it was founded.
Where is CBS Sports located?
CBS Sports is headquartered in Carlsbad, United States. It is registered at Carlsbad, California, United States.
Is CBS Sports a funded company?
CBS Sports is a funded company, having raised a total of $37M across 1 funding round to date. The company's 1st funding round was a Series C of $37M, raised on Aug 11, 2004.
What does CBS Sports do?
Comprehensive sports coverage is delivered by CBS Sports through digital platforms. News, live scores, schedules, and video content are offered across various sports including NFL, NBA, MLB, and more. Fantasy sports games and betting analysis are also provided to engage users. The platform serves a wide audience with content spanning professional and college sports sectors. Partnerships with Paramount for streaming and other promotional content are integrated into the offerings. A focus on user interaction through podcasts and interactive tools is maintained.
What products or services does CBS Sports offer?
CBS Sports offers Sports News and Media, Fantasy Sports, and Sports Betting Content.
Who are CBS Sports's investors?
CBS Sports has 5 investors. Key investors include J P Morgan, The Coca-Cola, Allen & Company, CBS Corporation, and Partnership for New York City.