The valuation of the unparalleled competition is $ 340 million after successful seed financing

The valuation of the unparalleled competition is $ 340 million after successful seed financing


The unparalleled competition will add three more teams to his line-up after $ 340 million appreciation.


The unparalleled basketball competition has just received a large investment from remarkable entities, including Serena Ventures and Trae Young.

After closing a successful, overvalued series B financing round led by Bessemer Venture Partners, the organization saw a major investment infusion. Investments by Serena Ventures, Warner Bros. Discovery, Alex Morgan’s Trybe Ventures, Orlando Magic Forward Franz Wagner and Atlanta Hawks Point Guard Trae Young pushed the appreciation to $ 340 million.

In a press release, the unparalleled President Alex Bazzell said: “We continue to coordinate with partners who elevate our competition and accelerate our strategic growth. With Bessemer Venture Partners who lead this round, Unefrival is in an unprecedented position for a new sports competition.”

Bessemer Vice President Caty Rea added: “We believe that unparalleled the next major sports competition was built … What made the most impression on us are the excellent business performance of the competition – achieving both rapid growth and impressive unity economics in the first year.”

Founded in 2023 by WNBA stars Breanna Stewart and Napheeesa Collier, unparalleled, is a basketball competition that Used current WNBA players In their low season. The competition distinguishes itself from the WNBA by paying players with six digits of salaries and giving them shares.

League athletes earned around $ 220,000 in its inaugural season, compared to WNBA averages ranging from $ 66,000 to $ 150,000. The Pole of the 3-on-3 League of Financiers is an average of $ 8 million, giving players the opportunity to earn extra income in the US instead of bringing their talents to other countries.

“We really change the prospects of the Ecosystem Holistic,” Bazzell said in an interview with SB Nation: “You see more competitions bumping their wages because that is the space now. We are proud to play a role in that growth, only the economy of these players who have a lot of money to play, it is great to have them.

Inhuman success is measurable. During the final design of the inaugural season in March 2025, the competition attracted 11.9 million viewers, 589 million impressions on social media generated seven figures in ticket sales and secure more than 20 business partnersIncluding Samsung Galaxy, TNT Sports, Sephora Us, Wayfair, Under Armor and Ally Financial.

The first and now second round of successful financing has opened the door for the competition Add two more teamsBreeze BC and Hive BC, a development pool for six players and a fourth night of matches.

Related content: Unparalleled 3-on-3 women’s basketball competition ‘Almost even broke’ in the debut season


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