The sports streaming platform has closed a $10 million Series A funding round with the Miami-based private investment firm with interests that span several high growth industries.
The sports streaming platform Fanatiz has closed a $10 million Series A funding round with 777 Partners, a Miami-based private investment firm with interests that span several high growth industries. Led by Fanatiz Founder & CEO, Matías Rivera, this announcement comes on the heels of numerous accomplishments, including the company’s 125% increase in paid subscribers since July, 2019.
“It is truly a milestone day for all of us at Fanatiz, and most importantly, our fans and viewers. The partnership with 777 Partners reflects our strong growth trajectory, and solidifies our positioning as one of the main contenders in a competitive sports streaming marketplace. We are more excited than ever to start 2020 bolstered by this new support, enhancing our platform for loyal soccer fans everywhere,” Rivera said.
2019 was a banner year for the platform, including the launch of a reduced subscriber pricing model for new and existing users, making it the most affordable option for soccer fans available in the United States sports streaming market. This, coupled with securing record viewership numbers during LaLiga’s marquee soccer matchup, El Clásico, this past December, puts the platform on course for continued growth this year.
“We view our investment in Fanatiz as a fantastic opportunity for growth. It gives our firm no greater satisfaction than to support organizations like Fanatiz that are working to become dominant players in fast-growing niche markets. We can’t wait to see what’s to come!,” commented Juan Arciniegas, Principal at 777 Partners.
Fanatiz customizes the entire online user experience, allowing viewers to select their favorite team and receive ongoing updated and unique details. Viewers can access Fanatiz from all screens by logging onto www.fanatiz.com on a PC, by downloading the app on iOS and Android smartphones, or on TV by streaming from Roku, Amazon Fire TV, Chromecast and Apple TV.
The partnership with 777 Partners reflects our strong growth trajectory, and solidifies our positioning as one of the main contenders in a competitive sports streaming marketplace” Matías Rivera Founder & CEO of Fanatiz