Tech Company Financing Transactions
Ballislife Funding Round
Ballislife closed a $2.7 million venture capital round on 1/31/2023. Backers included Oakvale Capital.
Transaction Overview
Company Name
Announced On
1/31/2023
Transaction Type
Venture Equity
Amount
$2,700,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to monetize its existing and growing properties, like expanding marketing partnerships and athlete influencer network.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
PO BOX 15355
IRVINE, CA 92623
USA
IRVINE, CA 92623
USA
Phone
Undisclosed
Website
Email Address
Overview
Created in 2005 as a brand highlighting basketball players on its platform, Ballislife has grown from a "Mixtape" outlet to respected basketball apparel, media and event management company. In that time, the Southern California-based company has covered nearly every major high school and grassroots basketball event and today produces and shares content frequently featured on top news websites such as the New York Times and television shows such as ESPN's SportsCenter. Ballislife's social networks are followed by millions of fans and its content has produced over 500 million views on YouTube and another 25 million annually on Ballislife.com. Its website is home to the respected FAB 50 National Team Rankings (which have been produced since the 1987-88 season) and the company has created and executed events such as the annual Ballislife All-American Game, Ballislife Jr. All-American Camp, and Eastbay Funk Dunk Contest.
Management Team
Browse more venture capital transactions:
Prev: 1/31/2023: Immusoft venture capital transaction
Next: 1/31/2023: Ramp Global venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs