Sportradar latest fund raising round attracts $44M investment

Sports data provider Sportradar has secured new funding to the tune of $44 million and a strategic alliance led by Revolution Growth.

Revolution Growth partners Ted Leonsis, also the owner of the Washington Capitals, Wizards and Mystics, Evan Morgan, Mark Cuban – owner of the Dallas Mavericks, and Michael Jordan – owner of the Charlotte Hornets, will join Sportradar’s newly formed advisory board.

“The Sportradar team is ahead of the curve in understanding the crucial role data plays in creating innovative content and products that captures audiences,” commented Revolution Growth co-founder and partner Ted Leonsis in a statement.

“With superior technology and development that is already providing the fastest, most accurate data feeds, Sportradar is well-poised to capitalize on the rapidly expanding, multi-billion dollar global sports market.”

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