Athletes, artists digital platform Vaunt raises $5m Series A funding to accelerate growth
Vaunt, a platform for athletes and artists to monetize their talents and stream globally for live and digital viewers, announced a $5 million Series A funding round to elevate the brand and potential of the business to the next level.
Vaunt will use the funding to attract even more talented collaborations and projects for audiences to enjoy. The funding round includes investments from Metaverse infrastructure platform InfiniteWorld, returning investor Elysian Park Ventures (the Dodgers' ownership group), True Culture Fund—a minority business financing mechanism, as well as former Super Bowl Champion, Justin Tuck, and former NBA Players Association Executive Director, Michele Roberts. Vaunt will be a key player in the changing paradigm of streaming and live content.
Roger Mason Jr., Co-founder and CEO, Vaunt: ''When we created Vaunt, we envisioned a company where players and artists can display their talents and competitiveness both inside-and-out of their crafts. We are so proud for Vaunt to take this step forward and prepared for us to go even further. The opportunities for this brand and company are endless.''
Vaunt's business creates opportunities for live event sports competitions. Accompanied by the future of online sports betting and the proliferation of cryptocurrency and NFTs, Vaunt is poised to create intersections and collaborations otherwise not happening. The future of sports and entertainment will occur in-person, streaming, and in the metaverse; Vaunt will be in all three.
Addison McKenzie, Co-founder, InfiniteWorld: ''InfiniteWorld is proud to be one of the ultimate partners for Vaunt and the future of their web3 sports and entertainment company that no doubt will transform and create opportunities for athletes and artists to monetize their talents and stream globally for live and digital viewers. We look forward to Vaunt's growth as the leading IP sports and entertainment globally.''
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