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Forever Network raised $6 million in a Series A led by Yolo Investments, with support from Three Kings Capital, Folklore Ventures and Astralis Capital to expand into the US and launch new sports media verticals.

PRIVATEMar 25, 2024•about 2 years ago

Amount Raised

$6 Million

Round Type

series a

SydneySocial MediaNews

Investors

Astralis CapitalFolklore VenturesThree Kings CapitalYolo Investments

Description

Forever Network, the company behind fan engagement social media brand Basketball Forever, has raised $6 million in a Series A round led by Yolo Investments, with support from Three Kings Capital, Folklore Ventures and Astralis Capital. The capital will be used to expand into the US, launch new sports media verticals, and expand its roster of free and monetized games.

Company Information

Company

Forever Network

Location

Sydney, New South Wales, Australia

About

Forever Network is a social-first sports media company. We're a new media company built for the social-first era, redefining media experiences at the intersection of sports and culture on the platforms where young people spend most of their time. Every day we define the moments that matter in the palm of our audiences hands, wherever they are in the world, through the most visual, engaging and sharable content possible.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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