The Athletic

Acquired

Subscription-based digital sports media company providing in-depth, ad-free sports journalism. Grew to over 1.2 million subscribers covering professional and college sports across the US, UK, and Canada before being acquired by The New York Times for $550 million in 2022.

Founders Alex Mather, Adam Hansmann

CEO Alex Mather

Company

Founded

2016

Headquarters

San Francisco, US

Employees

501-1000

Financials

Total Funding

$140M

Last Valuation

$500M

Revenue (ARR)

$50M-$100M

Sectors

SaaS

theathletic.com Twitter

Funding History

6 rounds

Acquired by The New York Times Feb 1, 2022

$550M

Series D Jan 31, 2020

$50M

Valuation: $500M

Bedrock Capital (Lead) Prescott General Partners Alto Park Capital Founders Fund Courtside Ventures Evolution Media

Series C May 20, 2019

$22M

Valuation: $300M

Founders Fund (Lead)

Series C Oct 16, 2018

$40M

Valuation: $200M

Founders Fund (Lead) Bedrock Capital (Lead) Courtside Ventures Evolution Media

Series B Mar 5, 2018

$20M

Founders Fund (Lead) Courtside Ventures Evolution Media

Series A Jul 18, 2017

$5M

Courtside Ventures (Lead) Evolution Media

Seed Sep 1, 2016

$2M

Courtside Ventures (Lead)

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.