About FloSports
FloSports is a company based in Austin (United States) founded in 2006 by Madhu Venkatesan and Mark Floreani.. FloSports has raised $105.6 million across 7 funding rounds from investors including Dream Sports, Discovery Communications and SVB. FloSports has completed 6 acquisitions, including DirectAthletics, Dirt on Dirt and FloRacing. FloSports offers products and services including FloSports Platform, Subscription Service, FloRacing, and FloWrestling. FloSports operates in a competitive market with competitors including FuboTV, Fox Sports, Sportvot, DAZN and DAZN, among others.
- Headquarter Austin, United States
- Founders Madhu Venkatesan, Mark Floreani
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Sectors
Media & Entertainment
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Flosports, 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
$105.6 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
Dream Sports
& 9 more
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Employee Count
Employee Count
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Investments & Acquisitions
DirectAthletics
& 5 more
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Products & Services of FloSports
FloSports offers a comprehensive portfolio of products and services, including FloSports Platform, Subscription Service, FloRacing, and FloWrestling. 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.
Service for live sports events and on-demand replays
Access to 100,000+ events with stats and highlights
App for racing events and related content
Platform for wrestling streams and interviews
Unlock access to complete
Funding Insights of FloSports
FloSports has successfully raised a total of $105.6M across 7 strategic funding rounds. 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 7
- Last Round Last Round
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First Round
First Round
(03 Sep 2014)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series D - FloSports | Valuation | Dream Sports | |
| Jun, 2019 | Amount | Series C - FloSports | Valuation | Discovery Communications | |
| Aug, 2016 | Amount | Series B - FloSports | 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 FloSports
FloSports has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Dream Sports, Discovery Communications and SVB. 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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Growth-stage investments are made in sports media and technology firms.
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Founded Year | Domain | Location | |
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Private equity firm focused on making growth equity investments in multiple sectors
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Founded Year | Domain | Location | |
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Tech-focused seed, early, and mid-stage VC investments are made globally.
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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 FloSports
FloSports has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include DirectAthletics, Dirt on Dirt and FloRacing. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Radio broadcasting services are provided in the United States.
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2014 | ||||
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Rugby content is delivered through a subscription video platform.
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2014 | ||||
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Software solutions for analysing hockey matches
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - FloSports
| 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 |
Flosports Comparisons
Competitors of FloSports
FloSports operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FuboTV, Fox Sports, Sportvot, DAZN and DAZN, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Subscription-based platform for streaming soccer content is offered.
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| domain | founded_year | HQ Location |
Sports news, live scores, statistics, and fantasy content are delivered.
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| domain | founded_year | HQ Location |
Live sports streaming and casual venue services are provided.
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| domain | founded_year | HQ Location |
A live-streaming platform for sports is provided via subscription.
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| domain | founded_year | HQ Location |
A live-streaming platform for sports is provided via subscription.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Flosports
Frequently Asked Questions about FloSports
When was FloSports founded?
FloSports was founded in 2006 and raised its 1st funding round 8 years after it was founded.
Where is FloSports located?
FloSports is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Who is the current CEO of FloSports?
Mark Floreani is the current CEO of FloSports. They have also founded this company.
Is FloSports a funded company?
FloSports is a funded company, having raised a total of $105.6M across 7 funding rounds to date. The company's 1st funding round was a Series B of $21.2M, raised on Sep 03, 2014.
What does FloSports do?
FloSports was founded in 2006 in Austin, United States, as a sports media company. Exclusive broadcast rights are held for numerous events, with hundreds of hours of live sporting content broadcast annually. Operations include webcasts tailored to specific sports, documentary series on athletes, and rankings within various disciplines. On-demand access and analytical features are offered through its digital platform.
Who are the top competitors of FloSports?
What products or services does FloSports offer?
FloSports offers FloSports Platform, Subscription Service, FloRacing, and FloWrestling.
How many acquisitions has FloSports made?
FloSports has made 6 acquisitions, including DirectAthletics, Dirt on Dirt, and FloRacing.
Who are FloSports's investors?
FloSports has 10 investors. Key investors include Dream Sports, Discovery Communications, SVB, Warner Bros. Discovery, and Wwe.