About City Sports
City Sports is a company based in Boston (United States) founded in 1983 was acquired by Highland Capital Partners in March 2008.. City Sports has raised $6.1 million across 2 funding rounds from investors including Highland Capital Partners. The company has 247 employees as of December 31, 2022.
- Headquarter Boston, United States
- Employees 247 as on 31 Dec, 2022
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.1 M (USD)
in 2 rounds
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Latest Funding Round
$3.4 M (USD), Series A
Aug 07, 2012
- Investors
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Employee Count
247
as on Dec 31, 2022
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Acquired by
Highland Capital Partners
(Mar 12, 2008)
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Funding Insights of City Sports
City Sports has successfully raised a total of $6.1M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.4 million completed in August 2012. 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 2
- Last Round Series A — $3.4M
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First Round
First Round
(10 Aug 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2012 | Amount | Series A - City Sports | Valuation |
investors |
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| Aug, 2011 | Amount | Unspecified - City Sports | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 City Sports
City Sports has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Highland Capital Partners. 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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Venture capital investment and entrepreneur support services.
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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 City 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.
|
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 - City Sports
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 |
City Sports Comparisons
Competitors of City 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 City Sports
When was City Sports founded?
City Sports was founded in 1983 and raised its 1st funding round 28 years after it was founded.
Where is City Sports located?
City Sports is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is City Sports a funded company?
City Sports is a funded company, having raised a total of $6.1M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $2.7M, raised on Aug 10, 2011.
How many employees does City Sports have?
As of Dec 31, 2022, the latest employee count at City Sports is 247.
What does City Sports do?
Online retailer of sporting goods and apparel. It offers a wide selection of footwear, apparel, and accessories for men and women, catering to various sports and activities. The company provides multiple shipping options and easy returns and exchanges. It stocks products from well-known brands and also features its own line of apparel. Customer service is a priority, with a focus on providing quick responses and a personalized shopping experience. The business aims to offer high-quality goods at competitive prices.
Who are City Sports's investors?
City Sports has 1 investor. Key investors include Highland Capital Partners.
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