About Varsity
Varsity is a company based in Memphis (United States) founded in 1974 by Jeff Webb was acquired by Charlesbank Capital Partners in December 2014. It operates as a Direct-to-Consumer (D2C), and Subscription Services. Varsity has completed 2 acquisitions, including DSI and Stanbury. Varsity offers products and services including Cheerleading Uniforms, Dance Apparel, Competitions, and Camps. Varsity operates in a competitive market with competitors including Nasty Gal, Stella & Dot, PRETTYLITTLETHING, The House of LR&C and PACT Apparel, among others.
- Headquarter Memphis, United States
- Founders Jeff Webb
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Sectors
Retail
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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 Varsity Spirit Llc
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Products & Services of Varsity
Varsity offers a comprehensive portfolio of products and services, including Cheerleading Uniforms, Dance Apparel, Competitions, and Camps. 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.
Customized cheerleading uniforms are designed for spirit leaders.
Dance apparel is crafted for performance and style.
Cheer and dance competitions are organized globally.
Training camps are provided for skill development.
Funding Insights of Varsity
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Varsity
Varsity has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Riddell and Charlesbank 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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Private equity firm
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Founded Year | Domain | Location | |
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Protective football helmets are manufactured using 3D printing technology.
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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 Varsity
Varsity has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include DSI and Stanbury. 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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E-commerce support services are provided by DSI to businesses.
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1996 | ||||
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Manufacturer of uniforms for schools & colleges
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1927 |
| 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 - Varsity
| 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 |
Varsity Comparisons
Competitors of Varsity
Varsity 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 Nasty Gal, Stella & Dot, PRETTYLITTLETHING, The House of LR&C and PACT Apparel, 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 |
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| domain | founded_year | HQ Location |
Nasty Gal is recognized as a bold women's fashion retailer.
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Internet-first brand of fashion products
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| domain | founded_year | HQ Location |
Multi-category women's fashion products are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Online retail platform offering fashion products for men and women
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| domain | founded_year | HQ Location |
Ethical cotton apparel is manufactured and sold sustainably by Pact.
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| domain | founded_year | HQ Location |
Internet first brand of casual and formal apparel wear for women
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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 Varsity
Frequently Asked Questions about Varsity
When was Varsity founded?
Varsity was founded in 1974.
Where is Varsity located?
Varsity is headquartered in Memphis, United States. It is registered at Memphis, Tennessee, United States.
What does Varsity do?
Varsity, operated by Varsity Spirit LLC, is engaged in the cheerleading and dance industry. The company is known for providing customized uniforms, apparel, and accessories tailored for spirit leaders across school, college, and all-star levels. Operations include organizing competitions, training camps, and special events globally. Solutions are offered in fashion design, athlete safety, and educational resources through platforms like Varsity University and Varsity TV. The focus is maintained on innovation in high-performance fabrics and fostering community engagement in the cheer and dance sectors.
Who are the top competitors of Varsity?
Varsity's top competitors include PRETTYLITTLETHING, Tory Burch and Draper James.
What products or services does Varsity offer?
Varsity offers Cheerleading Uniforms, Dance Apparel, Competitions, and Camps.
How many acquisitions has Varsity made?
Who are Varsity's investors?
Varsity has 2 investors. Key investors include Riddell, and Charlesbank Capital Partners.