# The Athletic funding: rounds and investors

> The Athletic has raised $62M across 3 rounds since 2017. Investors include Courtside Ventures, Evolution Media and Y Combinator. Every round with its source.

Source: https://millionrounds.com/company/the-athletic (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# 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 summary Updated 26 Oct 2026

**$62M** raised across 3 rounds since 2017, from 3 sources

**$2.3M** Seed **$20M** Round **$40M** Series C

- **Latest round:** Series C, $40M Oct 2018
- **Step-up i:** 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.

2017 2018

**$2.3M** Seed

**$20M** Round

**$40M** Series C

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

## The rounds

- **Oct 2018** Series C **$40M** *8 new* *2 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Founders Fund](https://millionrounds.com/fund/founders-fund) [BDMI](https://millionrounds.com/fund/1745-ventures) [Advancit Capital](https://millionrounds.com/fund/advancit-capital) [Courtside Ventures](https://millionrounds.com/fund/courtside-ventures) [Amasia](https://millionrounds.com/fund/amasia) [The Chernin Group](https://millionrounds.com/fund/the-chernin-group-tcg) [Luminari Capital](https://millionrounds.com/fund/luminari-capital) [Evolution Media](https://millionrounds.com/fund/evolution-media) Bedrock Capital/ Comcast Reported by Axios
- **Mar 2018** Round **$20M** *1 new* [Evolution Media](https://millionrounds.com/fund/evolution-media) Reported by Awfulannouncing
- **Jan 2017** Seed **$2.3M** *1 new* [Courtside Ventures](https://millionrounds.com/fund/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.

**Seed** 2017 **Round** 2018 **Series C** 2018 [Courtside Ventures](https://millionrounds.com/fund/courtside-ventures) [Evolution Media](https://millionrounds.com/fund/evolution-media) [Y Combinator](https://millionrounds.com/fund/y-combinator) [Founders Fund](https://millionrounds.com/fund/founders-fund) [BDMI](https://millionrounds.com/fund/1745-ventures) [Advancit Capital](https://millionrounds.com/fund/advancit-capital) [Amasia](https://millionrounds.com/fund/amasia) [The Chernin Group](https://millionrounds.com/fund/the-chernin-group-tcg) [Luminari Capital](https://millionrounds.com/fund/luminari-capital) Bedrock Capital/ Comcast

## Everyone who backed them

[Courtside Ventures](https://millionrounds.com/fund/courtside-ventures) VC firm **2** rounds

[Evolution Media](https://millionrounds.com/fund/evolution-media) VC firm **2** rounds

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **1** round

[BDMI](https://millionrounds.com/fund/1745-ventures) Corporate VC **1** round

[Advancit Capital](https://millionrounds.com/fund/advancit-capital) VC firm **1** round

[Amasia](https://millionrounds.com/fund/amasia) VC firm **1** round

[The Chernin Group](https://millionrounds.com/fund/the-chernin-group-tcg) VC firm **1** round

[Luminari Capital](https://millionrounds.com/fund/luminari-capital) VC firm **1** round

Bedrock Capital/ Comcast no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=the-athletic).

## 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.

[Jackson Square Ventures](https://millionrounds.com/fund/jackson-square-ventures) VC firm Per its own site

[Treble Capital](https://millionrounds.com/fund/treble-capital) VC firm Per its own site

[Concrete Hill Ventures](https://millionrounds.com/fund/concrete-hill-ventures) VC firm Per its own site

[M2A Sports Management](https://millionrounds.com/fund/m2a-sports-management) Private equity Per its own site

[Rabil Ventures](https://millionrounds.com/fund/rabil-ventures) VC firm Per its own site

[Waverley Capital](https://millionrounds.com/fund/waverley-capital) VC firm Per its own site

## Quick answers about The Athletic

### Who invested in The Athletic?

The Athletic's investors include Courtside Ventures, Evolution Media, Y Combinator, Founders Fund and BDMI, and 5 more on record.

### How much has The Athletic raised?

The Athletic has raised $62M across 3 rounds since 2017.

### When did The Athletic last raise?

The Athletic's most recent round was a Series C of $40M in Oct 2018.

### What was The Athletic's biggest round?

Its most recent round, $40M in Oct 2018, is also its largest on record.

### Who backed The Athletic first?

The Athletic's first round on record, in Jan 2017, was backed by Courtside Ventures.

### What stage is The Athletic at?

The Athletic's latest named round is a Series C, in Oct 2018.

### Where is The Athletic based?

The Athletic is based in the United States.

## Companies like The Athletic

In the same sector, and raised in the last eighteen months.

[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)[**1World Online** $25M · Sept 2026](https://millionrounds.com/company/1world-online)[**Luminary** $194M · Sept 2026](https://millionrounds.com/company/luminary)

## Find investors like these

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