Who invested in The Athletic

3 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Internet

Y Combinator: S16

Funding summaryUpdated 26 Oct 2026

$62Mraised across 3 rounds since 2017, from 3 sources

$2.3MSeed$20MRound$40MSeries C

Latest round: Series C, $40MOct 2018
Step-upi: 2×
Investors: 10

See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20172018

$2.3MSeed$20MRound$40MSeries C

First round: Seed, $2.3M
Biggest round: $40M
Usual gap between rounds: 14 months

The rounds

Oct 2018
Series C$40M8 new2 returning
- Y Combinator
- Founders Fund
- BDMI
- Advancit Capital
- Courtside Ventures
- Amasia
- The Chernin Group
- Luminari Capital
- Evolution Media
- Bedrock Capital/ Comcast
Reported by Axios
Mar 2018
Round$20M1 new
- Evolution Media
Reported by Awfulannouncing
Jan 2017
Seed$2.3M1 new
- Courtside Ventures
Reported by FinSMEs

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Seed2017Round2018Series C2018

AmasiaThe Chernin Group

Luminari CapitalBedrock Capital/ Comcast

Everyone who backed them

Courtside VenturesVC firm2rounds

Evolution MediaVC firm2rounds

Y CombinatorAccelerator1round

Founders FundVC firm1round

BDMICorporate VC1round

Advancit CapitalVC firm1round

AmasiaVC firm1round

The Chernin GroupVC firm1round

Luminari CapitalVC firm1round

Bedrock Capital/ Comcastno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 6 firms list The Athletic as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.