Monumental Sports

Founded: 2010 • Age: 16 yrs
Sports media and entertainment company
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About Monumental Sports

Monumental Sports is a company founded in 2010.. Monumental Sports has raised $200 million across 3 funding rounds from investors including Qatar Investment Authority, Jeff Skoll and Arctos Sports Partners. Monumental Sports has completed 1 acquisition, including NBC Sports. Monumental Sports offers products and services including Sports Events and Media Network.

  • Sectors
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Monumental Sports Entertainment
Operational Areas
Media & Entertainment → Sports, Events & Attractions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $200 M (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Monumental Sports

Monumental Sports offers a comprehensive portfolio of products and services, including Sports Events and Media Network. 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.

Primary

Professional sports events are hosted and managed for teams and venues

A sports media platform is operated to distribute content and engage audiences

People of Monumental Sports
Headcount 1000-5000
Employee Profiles 284
Employee Profiles
People
Abby Blomstrom
EVP & General Counsel
People
Mindy Pipes
Vp, Strategic Partnerships
People
Chris Sheap
VP, Ticket Operations
People
Nick Carrig
Manager, Event Presentation

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Funding Insights of Monumental Sports

Monumental Sports has successfully raised a total of $200M across 3 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 Rounds 3
  • Last Round
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2025 Amount Private Equity Round - Monumental Sports Valuation Arctos Sports Partners
Jul, 2023 Amount Series A - Monumental Sports Valuation Qatar Investment Authority
Dec, 2022 Amount Seed - Monumental Sports Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Monumental Sports

Monumental Sports has secured backing from 3 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Qatar Investment Authority, Jeff Skoll and Arctos Sports 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
A sovereign wealth fund backed by Qatar, managing investments and funds.
Founded Year Domain Location

Jeff Skoll

-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Monumental Sports

Monumental Sports has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include NBC Sports. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of sports news, scores, and video content
1926
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Monumental Sports

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Monumental Sports Comparisons

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Competitors of Monumental Sports

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Monumental Sports

Frequently Asked Questions about Monumental Sports

When was Monumental Sports founded?

Monumental Sports was founded in 2010 and raised its 1st funding round 12 years after it was founded.

Is Monumental Sports a funded company?

Monumental Sports is a funded company, having raised a total of $200M across 3 funding rounds to date.

What does Monumental Sports do?

Monumental Sports and Entertainment owns and operates three professional sports teams, the NBAs Washington Wizards, the NHLs Washington Capitals, and the WNBAs Washington Mystics. Monumental, also owns and operates Verizon Center, the premier sports and entertainment venue in Washington, D.C. The company also owns and operates Monumental Sports Network, a digital platform that covers the regions sports and entertainment news. The digital platform offers mobile and OTT streaming devices on Android, iOS, Google Chromecast, Amazon Fire and Roku.

What products or services does Monumental Sports offer?

Monumental Sports offers Sports Events and Media Network.

How many acquisitions has Monumental Sports made?

Monumental Sports has made 1 acquisition, including NBC Sports.

Who are Monumental Sports's investors?

Monumental Sports has 3 investors. Key investors include Qatar Investment Authority, Jeff Skoll, and Arctos Sports Partners.

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