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Fanatics - About the company

Fanatics is a series G company based in New York City (United States), founded in 2011 by Michael Rubin and Brent Trager. It operates as a Provider of licensed sports merchandise, collectibles, and betting platforms. Fanatics has raised $4.85B in funding from investors like Fidelity Investments, Silver Lake and Thrive Capital, with a current valuation of $22B. The company has 2534 active competitors, including 87 funded and 108 that have exited. Its top competitors include companies like Splash Sports, Novig and Baazi Games.

Sectors and market segments that Fanatics operate in

Fanatics serves in the Retail, Media & Entertainment market segments.The primary business model of Fanatics are:

Company Details

Provider of licensed sports merchandise, collectibles, and betting platforms. It designs, manufactures, and sells licensed fan gear, jerseys, and other apparel. The company also produces and sells physical and digital trading cards and sports memorabilia. Additionally, it operates an online sports betting and iGaming platform. The business offers a comprehensive digital sports experience, connecting fans with their favorite teams and athletes through various products and services. A dedicated app provides a centralized access point for all offerings.
Social
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Registered Address
Jacksonville, Florida
Key Metrics
Founded Year
2011
Location
New York City, United States
Stage
Series G
Total Funding
$4.85B in 10 rounds
Latest Funding Round
Post Money Valuation
$22B as on Jan 01, 2026
Ranked
Employee Count
14,653 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
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Fanatics's funding and investors

Fanatics has raised a total funding of $4.85B over 10 rounds. Its first funding round was on Jun 06, 2012. Its latest funding round was a Series G round on Oct 24, 2022 for $700M. 5 investors participated in its latest round. Fanatics has 26 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Fanatics:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 24, 2022
$700M
Series G
$31B
-
Dec 15, 2021
$1.54B
Series G
$27B
-
Aug 10, 2021
$325M
Series F
$18B
-
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Fanatics' founders and board of directors

Founder? Claim Profile
The founders of Fanatics are Michael Rubin and Brent Trager. Michael Rubin is the CEO of Fanatics.
Here are the details of Fanatics' key team members:

Fanatics' employee count trend

Fanatics has 14,653 employees as of Aug 26. Here is Fanatics's employee count trend over the years:
Employee count trend for Fanatics
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Fanatics's Competitors and alternates

Top competitors of Fanatics include Splash Sports, Novig and Baazi Games. Here is the list of Top 10 competitors of Fanatics, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Fanatics
Fanatics
2011, New York City (United States), Series G
Provider of licensed sports merchandise, collectibles, and betting platforms
$4.85B
79/100
2nd
Logo for Splash Sports
Splash Sports
2021, Sacramento (United States), Series B
Operator of peer to peer gaming contests for sports fans
$28.6M
70/100
3rd
Logo for Novig
Novig
2021, New York City (United States), Series B
Operator of a peer to peer sports betting exchange platform
$106M
68/100
4th
Logo for Baazi Games
Baazi Games
2014, Delhi (India), Series B
Operator of online poker and sports prediction gaming solutions
$11.3M
67/100
5th
Logo for bet365
bet365
2001, Stoke on Trent (United Kingdom), Acqui-Hired
Provider of an online sports betting platform for multiple sports
-
65/100
6th
Logo for William Hill
William Hill
1934, London (United Kingdom), Acquired
App-based online gambling platform offering multi-category games
-
65/100
7th
Logo for Midnite
Midnite
2015, London (United Kingdom), Series C
Esports betting platform for players
$75M
63/100
8th
Logo for BetMGM
BetMGM
2018, United States, Unfunded
Operator of an online platform providing sports and event betting
-
-
62/100
9th
Logo for LiveScore Group
LiveScore Group
1998, London (United Kingdom), Series C
Developer of betting tools for bettors
$57.6M
60/100
10th
Logo for FDJ
FDJ
1997, Paris (France), Funding Raised
Provider of an online gambling platform offering multi-category games
-
59/100
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Fanatics's Investments and acquisitions

Fanatics has made 1 investments in companies including Barnes & Noble Education. Fanatics has also acquired 18 companies including Water Street Labs and CX Clearinghouse.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jul 27, 2026
Acquisition
-
Jul 27, 2026
Acquisition
-
Jun 13, 2023
Acquisition
2013
Panama (Panama)
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Reports related to Fanatics

Here is the latest report on Fanatics's sector:

News related to Fanatics

lockFilter this list
Media has covered Fanatics for a total of 19 events in the last 1 year, 12 of them have been about company updates and 3 about partnerships.
•
Fanatics Collectibles Opens Second Flagship Store in ParisRetail Technology Innovation Hub•Sep 18, 2026•Fanatics
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FAQs about Fanatics

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