About Varsity News Network
Varsity News Network is a company based in Grand Rapids (United States) founded in 2010 by Matthew Anderson. Varsity News Network has raised $25.56 million across 10 funding rounds from investors including Arsenal Growth Equity, North Coast Technology Investors and Start Garden. Varsity News Network has completed 3 acquisitions, including RallyAroundUs, WPA Network and WisSports.net. Varsity News Network offers products and services including Custom Athletics Website, Media Score Reporting, One-Way Messaging, Fundraising and Donations, and Scheduling. Varsity News Network operates in a competitive market with competitors including SportsEngine, LeagueApps, Overtime, SportEasy and Betty Labs, among others.
- Headquarter Grand Rapids, United States
- Founders Matthew Anderson
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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Annual Revenue
$39.48 K (USD)-7as on Dec 31, 2023
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Net Profit
$4.21 K (USD)592as on Dec 31, 2023
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EBITDA
Not available
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Total Equity Funding
$25.56 M (USD)
in 10 rounds
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Latest Funding Round
$3.55 M (USD), Series B
Nov 11, 2019
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Investors
Arsenal Growth Equity
& 9 more
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Employee Count
Not available
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Investments & Acquisitions
RallyAroundUs
& 2 more
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Products & Services of Varsity News Network
Varsity News Network offers a comprehensive portfolio of products and services, including Custom Athletics Website, Media Score Reporting, One-Way Messaging, Fundraising and Donations, and Scheduling.
Platform for creating and managing school sports websites.
System for tracking and reporting sports scores and stats.
Tool for sending announcements to sports communities.
Features for organizing and managing sports fundraising.
Software for event and game scheduling in schools.
Platform for athlete and event registrations.
Digital system for issuing and managing game tickets.
App for updating and viewing live sports scores.
Tools for recording and sharing sports event videos.
People of Varsity News Network
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Funding Insights of Varsity News Network
Varsity News Network has successfully raised a total of $25.56M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $3.55 million completed in November 2019. 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.
Investors in Varsity News Network
Varsity News Network has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Arsenal Growth Equity, North Coast Technology Investors and Start Garden.
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US focused VC firm
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Early-stage venture capital is invested in US technology sectors.
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Investor details for Varsity News Network
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Varsity News Network
Varsity News Network has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include RallyAroundUs, WPA Network and WisSports.net.
Investment portfolio details for Varsity News Network
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online fundraising is provided for athletes and organizations.
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Athlete training courses are provided by WPA Network.
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Football training courses are offered through WisSports.net platform.
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Complete acquisition details for Varsity News Network
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Varsity News Network
Detailed financials for Varsity News Network
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Varsity News Network Comparisons
Peer comparison for Varsity News Network
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- Headcount comparison
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- Operating benchmarks
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Competitors of Varsity News Network
Varsity News Network 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 SportsEngine, LeagueApps, Overtime, SportEasy and Betty Labs, among others.
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Sports teams and leagues are managed through an online platform.
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Offers sports league management and registration software
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Sports content is produced and shared across multiple digital platforms.
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Sports team and club management is enabled via web-based software.
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Sports trivia apps are developed for mobile users worldwide.
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SaaS-based platform for sports team and event management is developed.
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Detailed competitors of Varsity News Network
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Varsity News Network
Complete news archive for Varsity News Network
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Varsity News Network
Varsity News Network was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Varsity News Network is headquartered in Grand Rapids, United States. It is registered at Grand Rapids, Michigan, United States.
Varsity News Network is a funded company, having raised a total of $25.56M across 10 funding rounds to date.
Annual revenue of Varsity News Network is $39.48K as on Dec 31, 2023.
Varsity News Network was founded in 2010 in Grand Rapids, United States, within the sports management software sector. An app is provided for users to follow teams, access match schedules with driving directions, track rosters, and receive score updates along with articles and videos. Operations support over 2000 school partners across the education and athletics domains.
Varsity News Network's top competitors include LeagueApps, Overtime and SportsEngine.
Varsity News Network offers Custom Athletics Website, Media Score Reporting, One-Way Messaging, Fundraising and Donations, and 5 more products and services.
Varsity News Network has made 3 acquisitions, including RallyAroundUs, WPA Network, and WisSports.net.
Varsity News Network has 10 investors. Key investors include Arsenal Growth Equity, North Coast Technology Investors, Start Garden, Invest Detroit, and Michigan Angel Fund.