SportX
Latest round
- Series A
Last raised
- Mar 2022
Total raised
- Undisclosed
Investors
- 1
About SportX
SportX, founded in 2017, is headquartered in Madrid, Spain. The company specializes in offering a platform for the trading of sports intellectual property rights.SportX offers a blockchain-based platform that facilitates the issuance, trading, and crowdfunding of sports intellectual property rights (IPRs) through the SportX exchange. This platform allows athletes, clubs, and leagues to issue tokens that represent ownership and value associated with their respective sports IPs. Users can buy and sell these tokens, known as SOX tokens, in a transparent and decentralized marketplace aimed at enhancing fan engagement and democratizing access to sports investments.SportX generates revenue through transaction fees on trades conducted on its exchange platform, as well as from partnerships and collaborations with sports organizations and athletes. Each transaction involving the buying and selling of SOX tokens incurs a fee that contributes to the company's overall revenue stream. The revenue model is structured to accommodate both B2B partnerships with sports entities and direct-to-consumer transactions for individual users looking to invest in sports tokens. Specific upcoming products include enhancements to the platform that will improve user experience and introduce new functionalities by late 2023. The company also aims to expand into additional markets across North America and Asia, targeting a rollout by 2024.
Who invested in SportX
1 investor across 1 round
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Funding rounds
Series A
Mar 25, 2022
Amount
Undisclosed
Investors
Questions about SportX
Who invested in SportX?
SportX has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has SportX raised?
SportX has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did SportX last raise money?
SportX's most recent round on record is a Series A, in Mar 2022.
What does SportX do?
SportX, founded in 2017, is headquartered in Madrid, Spain.
Where is SportX headquartered?
SportX is headquartered in Madrid, Spain.
Which VCs invest in companies like SportX?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at SportX's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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