Diversifying into a “one-stop sport shop,” Fanatics is valued at $18 bn in new funding

2021-08-11T17:18:00

Fanatics

Fanatics has raised $325 million in a new round of funding that gave it a valuation of $18 billion. The previous round, which took place in March, brought in $350 million and raised the American company’s valuation to $12.8 billion. Fanatics had enjoyed a 20 percent rise in annual revenues ...

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