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Buzzer Raises $20 Million in Series A Round of Financing led by Sapphire Sport, Canaan Partners, and a Dynamic Collective of Superstar Athletes and Team Owners
sBuzzer will be able to use the new funding to further democratize frictionless access to live sports and scale its one-of-a-kind platform, which is specifically intended to satisfy the demands of the next generation of sports fans.
FREMONT, CA: Buzzer, the new mobile platform for personalization and discovery of live sports, has declared the successful close of a $20M Series A financing. The financing round was led by existing investor Sapphire Sport and new investor Canaan Partners. Substantial new investments came from a diverse group of industry leaders spanning sports, business and entertainment, including Devin Booker, J. Cole, Wayne Gretzky, LaMelo Ball, DeAndre Hopkins, Sabrina Ionescu, Michael Jordan, Auston Matthews, Patrick Mahomes, Connor McDavid, Renee Montgomery, Naomi Osaka, and Bobby Wagner, among others. Early investors Lerer Hippeau and Anthony Noto [SoFi, Army West Point] also supported the round.
Buzzer will be able to use the new funding to further democratize frictionless access to live sports and scale its one-of-a-kind platform, which is specifically intended to satisfy the demands of the next generation of sports fans. Mobile-first fans never miss out on the most thrilling moments in sports, thanks to personalized and curated alerts, ushering in a new age in sports media. Financing will assist the Buzzer team in developing new product features that focus on the social component of sports, developing new collaboration opportunities, and growing with important personnel.
"With the proliferation of new distribution platforms, fans are finding it harder to know when and where live sports are happening, creating an experience that is not optimized for their expansive interests based on how they consume. We envision Buzzer becoming the discovery and curation tool that brings Gen Z fans back to live sports with simple access to ephemeral moments," stated Bo Han, founder and CEO of Buzzer. "We're grateful to have so many influential industry leaders as partners who have a shared vision of creating a platform and community built to close the generational gap in live sports consumption. We'll continue to build Buzzer with fans' interests in mind and with a partner-first approach that presents new opportunities for them to reach net new audiences, define new revenue streams, and offer added value to their existing subscribers."
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