# Fan Controlled Sports & Entertainment

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fan-controlled-sports-entertainment

- Industry: Software
- Headquarters: Sacramento, US
- Website: www.fcf.io
- Total disclosed funding: $52M
- Latest round: Series A (Jan 12, 2022)
- Investors on record: 16

## About

Fan Controlled Sports & Entertainment, Inc. focuses on revolutionizing fan engagement in sports through innovative technology solutions that allow fans to directly influence team decisions and gameplay.Fan Controlled Sports & Entertainment, Inc. was founded in 2015 in Sacramento, US. The company provides a unique platform enabling fans to participate in sports team management. The firm has not undergone any noted pivots or changes in business strategy since its inception. The founders include Grant Cohen, Patrick Dees, and Sohrob Farudi, with Sohrob Farudi currently serving as the CEO. The company has raised a total of USD 40.00 mn in its latest funding round, the Series A, which occurred on January 12, 2022. It has received investment from several notable firms, including Animoca Brands Corporation Limited and Delphi Digital Consulting, Inc., bringing its total amount raised to USD 40.00 mn, with a current company valuation of USD 156.99 mn.Fan Controlled Sports & Entertainment, Inc. primarily provides innovative technology solutions that enhance fan engagement and operational efficiency in sports. Their core offerings include a platform that enables fans to influence team decisions and gameplay through interactive engagement. This service is designed to address the challenges of traditional sports fandom, allowing deeper involvement in team management. The company caters to a diverse range of clients, including sports teams and organizations, across North America, Europe, and parts of Asia.The company operates on a subscription-based revenue model, where clients pay recurring fees for access to its fan engagement platform. This model includes tiered pricing plans, enabling clients to select services that meet their specific needs. Larger clients often enter long-term contracts for premium features, while smaller organizations may choose basic packages. Additionally, partnerships with technology integrators help broaden distribution channels, contributing to a consistent revenue stream that supports growth.In January 2022, Fan Controlled Sports & Entertainment, Inc. raised USD 40.00 mn to enhance its team and expand its operations. The funding will support the development and launch of new features on its platform, aimed at further increasing fan interactivity and engagement. The company is also targeting expansion into additional international markets, specifically aiming to establish a presence in Europe and Asia by the end of 2023, leveraging recent financial backing to hire additional staff and enhance product offerings.

## Funding rounds

- Series A, Jan 12, 2022, $40M — Lightspeed Venture Partners, Correlation Ventures, Animoca Brands Corporation Limited, Talis Capital, Verizon Ventures, Alumni Ventures Group, NGC Ventures, Red Beard Ventures, 6th Man Ventures, Gemini, Spartan Group, Jump Crypto, Delphi Digital Consulting, Inc.
- Seed, Sep 22, 2020, $12M — Lightspeed Venture Partners, Correlation Ventures, Verizon Ventures, Alumni Ventures Group, Next 10 Ventures
- Series A, Jun 1, 2019 — Venture University Venture Partners, Beyond The Game Network

## Investors

- Venture University Venture Partners (https://capitalatlas.ai/funds/venture-university-venture-partners) — Series A
- Beyond The Game Network (https://capitalatlas.ai/funds/beyond-the-game-network) — Series A
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed, Series A
- Correlation Ventures (https://capitalatlas.ai/funds/correlation-ventures) — Seed, Series A
- Verizon Ventures (https://capitalatlas.ai/funds/verizon-ventures) — Seed, Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed, Series A
- Next 10 Ventures (https://capitalatlas.ai/funds/next-10-ventures) — Seed
- Animoca Brands Corporation Limited — Series A
- Talis Capital (https://capitalatlas.ai/funds/talis-capital) — Series A
- NGC Ventures (https://capitalatlas.ai/funds/ngc-ventures) — Series A
- Red Beard Ventures (https://capitalatlas.ai/funds/red-beard-ventures) — Series A
- 6th Man Ventures (https://capitalatlas.ai/funds/6th-man-ventures) — Series A
- Gemini (https://capitalatlas.ai/funds/gemini) — Series A
- Spartan Group (https://capitalatlas.ai/funds/spartan-group) — Series A
- Jump Crypto — Series A
- Delphi Digital Consulting, Inc. — Series A