New York-based sports tech platform Jump has raised $23 million in a Series A funding round led by SevenSevenSix, with participation from previous investors including Forerunner Ventures, Courtside Ventures, Will Ventures and Drive by DraftKings, among others.
According to a company blog post, the new funding will be used to accelerate product development and expand Jump’s platform, which currently supports sales and ticketing, content, commerce and game day operations for sports teams and venues.
Founded by Jordy Leiser, Marc Lore and Alex Rodriguez, Jump aims to help sports teams tap into the same efficiencies, revenue opportunities and AI capabilities as direct-to-consumer brands. Its upcoming launch with the NBA’s Timberwolves and WNBA’s Lynx is expected to showcase the platform at scale.
