TLDR:
- TMRW Sports, co-founded by Tiger Woods and Rory McIlroy, has raised $500M in Series A funding.
- The funding values TMRW Sports at nearly $500 million and includes investors like Dynasty Equity and Connect Ventures.
TMRW Sports, founded in 2022 by Tiger Woods, Rory McIlroy, and former Golf Channel executive Mike McCarley, recently closed its Series A investment round. The round was co-led by Dynasty Equity and Connect Ventures, valuing the company at nearly $500 million. This investment will support TMRW Sports’ first project, a tech-driven team golf league called TGL, set to launch in January 2025.
The funding round included investors with strong ties to the sports and entertainment industry, such as Jonathan Nelson and Don Cornwell of Dynasty Equity and Creative Artists Agency (CAA) and New Enterprise Associates of Connect Ventures. Notable investors in TMRW Sports include team owners, star athletes, and musicians, all contributing to the company’s mission to use technology and new media to innovate sports.
The TGL league, which was scheduled to start in January but faced delays due to technical issues, aims to revolutionize the way golf is played by introducing new rules and incorporating technology into the gameplay experience. TMRW Sports is positioning itself as a forward-thinking company in the sports industry, with plans for a unique and engaging sports entertainment offering.
Overall, the $500M Series A funding round for TMRW Sports highlights the growing interest in sports technology and innovation, as well as the potential for disruptive startups to make waves in the sports entertainment sector.
