Investing in the teams who are transforming sports media and sports technology.
At Causeway Media Parters, we invest in sports media and technology companies to accelerate growth. We use our operating success, investment expertise, and sports experience to offer critical insights for our portfolio companies.
We are growth stage investors with a global mandate. We have $345M in capital under management. If you think your company is a good fit, reach out to us at email@example.com.
Peerfit closes $8M Funding Round, Adds Second Professional Sports Team Owner to the Board
PR NEWSWIRE--Peerfit, the market leader in connecting employers and carriers with flexible fitness experiences, announced today the closing of an $8 million funding round. Veteran Peerfit investors Ark Applications and PAR, Inc led the round.
This round includes not only a new investor, but another professional sports team owner to their group of investors. Wyc Grousbeck, the Boston Celtics' owner, and his investment group, Causeway Media Partners, joined as a majority investor in the round. Grousbeck, whose investment firm focuses on sports technology companies, is making the jump into the wellness space with Peerfit.
SeatGeek Announces New Ticketing Partnership With Manchester City FC
PRESS RELEASE--SeatGeek today announced a multi-year partnership with Premier League champions Manchester City Football Club to become the club’s official primary ticketing partner, starting in the 2018-19 season. Manchester City - one of the five most valuable football clubs in the world according to Forbes Magazine - will use SeatGeek’s powerful SeatGeek Enterprise ticketing platform (SRO) to continue to improve the fan experience and streamline systems and processes.
SessionM customer loyalty data aggregator SNAGS $23.8M investment
TECH CRUCH--Session M announced a $23.8 million Series E investment led by Salesforce Ventures. A bushel of existing investors including Causeway Media Partners, CRV, General Atlantic, Highland Capital and Kleiner Perkins Caufield & Byers also contributed to the round. The company has now raised over $97 million.
At its core, SessionM aggregates loyalty data for brands to help them understand their customer better, says company co-founder and CEO Lars Albright. “We are a customer data and engagement platform that helps companies build more loyal and profitable relationships with their consumers,” he explained.
From Local Startup to Global Fitness Brand: Leading Sport & Fitness Venture Capitalists Invest in Freeletics
PR NEWSWIRE--Digital fitness company Freeletics today announced it has received a significant investment from a leading group of US-based venture capital firms. With approximately 30 million users, the bootstrapped German company has experienced impressive growth since its founding in 2013. The company touts its flagship app, Freeletics Bodyweight, as the #1 fitness app in Europe and having the most advanced AI technology in the industry.
THE ERA OF STREAMING NICHE SPORTS DAWNS
NEW YORK TIMES--FloSports is mostly known for its running and wrestling coverage, but it is rapidly expanding. Mark Floreani, the chief executive, said FloSports has signed more than 100 rights agreements this year already, though none is with a major sports organization. He argued that streaming allows FloSports to show niche sports better than a traditional television channel would.