Monthly Archives: July 2025

Cybersecurity Funding Jumps 25% to $4.2B in Q2 2025 as Average Deal Sizes Increase, New Report Finds

GRAND JUNCTION, Colo., July 8, 2025Pinpoint Search Group, a leading cybersecurity recruitment firm, has unveiled the findings of its Q2 2025 cybersecurity funding report. The quarter saw an overall 25 percent rise in investment in cybersecurity companies compared to Q2 2024, representing a notable upswing compared to Q2 2024. While the round count remained steady, the average deal size has ticked upward.

During Q2 2025, Pinpoint Search Group’s research team recorded a total of 118 cybersecurity vendor transactions, including 100 funding rounds and 18 merger and acquisition (M&A) events.

A total of $4.2 billion was raised across the 100 funding rounds during the reporting period, compared with $3.4 billion across 98 funding rounds during the same quarter in 2024. While the round count remained steady, the increase in funding suggests that the average deal size increased.

The funding for the quarter represents almost double the $2.2 billion raised in Q1 2025 and takes the total funding for the year to date (YTD) up to $6.4 billion. This represents a 13 percent increase over the same period in 2024 and indicates investment in cybersecurity companies is something positive for investors to consider.

The data details how 100 funding rounds were tracked during Q2 2025, including eight rounds of funding exceeding $100 million, which accounted for 55 percent of all funding in the period.

Early-stage funding investment in Seed and Series-A start-ups continues to lead the funding landscape in 2025, representing 56 percent of all Q2 2025 funding rounds recorded. This is despite a 6 percent decline compared with the previous quarter.

Looking beyond the numbers, the investment environment is poised for continued evolution.

“While the 25 percent increase in funding volume signals renewed confidence in cybersecurity investments, the market dynamics tell a more nuanced story,” said Mark Sasson, founder and managing partner at Pinpoint Search Group. “Investors are placing larger, more selective bets — evidenced by eight rounds exceeding $100 million accounting for 55 percent of all Q2 funding. But macro headwinds persist, with ongoing tech layoffs and enterprise budgets under scrutiny. Success in the second half of 2025 will require cybersecurity companies to demonstrate clear value propositions, strong go-to-market execution, and measurable outcomes rather than flashy features. The bar is higher, but for companies that can deliver on fundamentals, the rewards are substantial.”

For the full Q2 2025 cybersecurity funding report, click here.

About Pinpoint Search Group 
Pinpoint Search Group is a leading cybersecurity recruitment firm and specializes in filling vice president, director, and senior individual talent. Pinpoint’s collective experience recruiting hundreds of candidates in all segments of cybersecurity provides the company with the credibility to communicate with, qualify, and place professionals in today’s most competitive area of technology. Pinpoint also produces Cybersecurity M&A and Vendor Funding Reports highlighting M&As and funding in the cybersecurity space monthly, quarterly, and annually.

Media Contact:
Christopher Joseph (CJ) Arlotta
CJ Media Solutions, LLC for Pinpoint Search Group
C: 631-572-3019
[email protected] 

SOURCE Pinpoint Search Group

Flexi Software Receives Strategic Investment from Quality Standard

SHELTON, Conn., July 8, 2025 — Flexi Software, a leading provider of accounting software for insurance, financial institutions, and other markets with complex accounting needs, announced it has received a strategic investment from Quality Standard. The investment will enable Flexi to deepen its commitment to product innovation and world-class customer service, in partnership with a long-term owner dedicated to Flexi’s success for decades to come.

Founded in 1992, Flexi offers an enterprise accounting platform known for its flexibility, automation, and strength in managing complex, multi-entity businesses with demanding regulatory and reporting requirements. Flexi’s core markets include insurance, credit unions, and banking, where Flexi’s industry-specific functionality and decades of expertise set it apart.

In addition to serving financial institutions, Flexi partners with market-leading technology vendors that embed Flexi as the accounting backbone of their broader platforms, powering millions of end users around the globe. The company combines Fortune 500 capabilities with the responsive service of a Main Street business.

“We were seeking a long-term home for the business and an investor committed to continuing Flexi’s growth for many years to come. We were pleased to find that with Quality Standard,” said Stefan R. Bothe, Co-Founder of Flexi.

Mr. Bothe retired as Chief Executive Officer and Chairman of Flexi in connection with the investment, following 32 years of leadership.

Following the transaction, Jason Gilliland, co-founder of Quality Standard, joined Flexi as CEO.

“Flexi is a special business, with differentiated technology and a unique customer-first culture,” said Gilliland. “We’re in it for the long haul and excited to invest further in Flexi’s team and technology. We feel privileged to support Flexi’s mission of providing the best industry-specific accounting software to help our customers thrive.”

About Flexi Software

FlexiInternational Software, Inc., doing business as Flexi Software, provides enterprise accounting software for insurance companies, financial institutions, and other businesses with complex accounting, reporting, and compliance needs. Its software powers billions of transactions annually and tens of thousands of users in the U.S. and internationally. Flexi is dedicated to combining exceptional support with world-class technology to ensure the success of its customers.

About Quality Standard

Quality Standard is a permanent home for exceptional companies and the teams who lead them. It partners with market-leading businesses with devoted teams and loyal customers. With a committed capital base and perpetual time horizon, Quality Standard builds customer-centric companies over decades.

SOURCE Quality Standard

OnePrime Capital Closes Secondary Fund III at $305 Million, Exceeding Target

Technology Secondary Specialist Continues Strategy of Investing in High Growth Software Companies

PALO ALTO, Calif., July 8, 2025 — OnePrime Capital (“OnePrime” or the “Firm”) today announced that the Firm has closed OnePrime Secondary Fund III, L.P. (“Fund III”) at $305 million of committed capital, exceeding its target fund size of $275 million. Fund III closed eight months after its October 2024 launch, demonstrating strong investor confidence in OnePrime’s specialized technology secondary strategy.

Fund III received robust support from OnePrime’s existing investor base and welcomed many new institutional investors. The diverse investor base includes family offices, endowments, foundations, insurance companies, and pension funds across North America, Asia, Europe, and Latin America.

“We are grateful for the strong support from both our existing and new limited partners,” said Managing Partner Marc Yi. “The rapid eight-month fundraising timeline and fund oversubscription demonstrate the market’s confidence in our team and proven track record in technology secondaries.”

Managing Partner Raj Gollamudi added, “Fund III enables us to continue building on our success as one of the most active secondary direct investors in the technology sector. Our background as experienced primary technology investors, combined with over seven years of dedicated secondary investing, gives us a unique perspective that resonates with institutional investors.”

OnePrime Capital embraces complex and special situations in the technology secondary market, delivering customized solutions based on the belief that every situation is unique and requires a process that is creative, flexible, discreet, and efficient. The Firm brings a company-centric view to the secondary market and strives to be a trusted partner to premier technology companies and their existing investors.

Morgan, Lewis & Bockius LLP acted as legal counsel to Fund III.

About OnePrime Capital

OnePrime Capital is a technology secondary specialist that provides customized liquidity solutions to shareholders using a research-driven approach. The firm exclusively focuses on direct secondary investments in high-growth, late-stage software companies, leveraging deep domain expertise and extensive access cultivated through more than two decades of primary investment experience.

For additional information, please visit www.oneprimecapital.com.

SOURCE OnePrime Capital

Sticker Ventures Announces First Close of Inaugural Fund I, Targeting $50M for Israeli Consumer Startups

The fund invests in early rounds and works closely with founders to scale product, brand, and growth by bringing capital, go-to-market expertise, and strategic support from its LP base of consumer investors and entrepreneurs.

Daniel Cohen, a longtime VC formerly General Partner at Viola Ventures and Gemini Israel Ventures, has backed companies such as Lightricks, Minute Media, Outbrain, and VGames over the past 25 years. Oren Charnoff is a post-exit-founder (exited Fondue to Postscript), angel investor, and former investor at Hanaco Ventures. The duo co-founded Sticker Ventures to fill a gap in the Israeli market: dedicated support for Israeli consumer startups from day one.

“It’s finally consumer’s moment in Israel,” said Daniel Cohen, General Partner of Sticker Ventures. “Roughly 20% of Israeli startups are building for consumers, yet only a small share of venture capital is going their way. The wave of recent exits – Oddity, eToro, Superplay, Resident – signals massive momentum. We built our fund to be the go-to VC for Israeli B2C founders.”

Sticker’s LP base includes a mix of successful entrepreneurs, general partners at top-tier VC firms in the US and Israel, family offices, and a number of VC funds directly investing. The team includes Ophere Evan as an Analyst and Gil Eyal as its first Venture Partner, based in NY.

Eli Barkat, co-founder of BRM Group and a Sticker LP, added: “We have learned through our own B2C experience (eToro, Moovit) that there is an Israeli Consumer VC gap in the market. As we have a longstanding relationship with Danny and Oren, we are confident that Sticker will quickly become the go-to VC for all Israeli consumer founders”

“Consumer founders want partners who live and breathe consumer,” said Ran Reske, co-founder at Resident, co-founder at Inner Balance, and a Sticker LP. “Sticker is purpose-built for this market. Founders know the difference.”

Oren Charnoff, General Partner of Sticker Ventures shared: “There’s a lot to be excited about – AI is changing the game for consumer products, Gen Z is setting new expectations, and ecommerce is winning in a big way when it’s built on strong fundamentals – That’s what we’re backing.”

About Sticker Ventures
Sticker Ventures is an early-stage venture capital firm investing in Israeli-founded consumer startups. Based in Tel-Aviv, the firm was founded in 2025 by Daniel Cohen and Oren Charnoff. Learn more at Sticker.vc.

Photo: https://mma.prnewswire.com/media/2726514/Daniel_Oren_StickerVentures.jpg

SOURCE Sticker Ventures

Blues Expands Fundraise to $33 Million With Additional Follow-on Funding to Accelerate Cloud-Connected Intelligent Products

$8 Million in Follow-on Funding Signals Growing Investor Confidence in IoT Adoption and Blues Momentum

BOSTON, July 8, 2025 — Blues, a leader in Internet of Things (IoT) connectivity solutions, today announced an $8 million follow-on funding round led by existing investor XYZ Venture Capital, on the heels of its previous $25 million raise led by Sequoia Capital in May 2025.

This latest fundraise was driven by increased investor demand after the prior round was oversubscribed, prompting the company to accelerate the timing of this next phase of capital investment. The additional capital comes at a pivotal moment for Blues, as rapid customer adoption and growing demand signal clear market need for its connectivity solutions.

The funding will be used to support the company’s growth, fuel further product innovation, and enable Blues to deliver on its mission to help the world’s physical product makers transform their offerings into data-driven intelligent services.

“We had more investor demand than we could accommodate in our last round, making it clear there was an opportunity to move faster,” said Ian Small, CEO of Blues. “IoT adoption is accelerating across industries, from refrigeration manufacturers, logistics providers, to automotive battery vendors. For product makers of all kinds, Blues simplifies secure, seamless cloud-connectivity for physical products. This is the ideal time to expand our reach, capitalize on our unique offering, and help our customers deploy intelligent services to generate new revenue streams.”

“We’ve been big believers in Ray Ozzie’s vision and in Blues’ technology for years,” said Ross Fubini, Managing Partner at XYZ Venture Capital. “Watching customer trials start to turn the corner into scaled production rollouts convinced us that this was the right moment to boost our investment in Blues and support the company’s increased go-to-market focus.”

Blues makes it dramatically easier and more affordable to derive actionable insights from physical products, accelerating the time to market for new revenue-generating services that bring product makers into the intelligent era. Blues is driving a long-overdue platform shift by putting these capabilities within reach of every product maker, not just those with big R&D budgets.

“I founded Blues because of my deeply held belief that there’s tremendous opportunity in helping every physical product become connected and intelligent,” said Ray Ozzie, Founder and Executive Chair of Blues. “It’s exciting to see our customers transform their own customers’ experience with new, intelligent services, all made possible by Blues’ tapping the data that lies within their physical products.”

With $99M in funding to date and growing adoption across new and existing customers, Blues is leading the charge in solving the toughest challenges in IoT connectivity.

About Blues 

Blues is a leader in secure wireless connectivity, helping organizations to transform their physical products and businesses to be centered on data and the delivery of data-fueled intelligent services. With customers across transportation, health care, energy, and logistics in North America, Central America and Europe, Blues is on a mission to empower innovation by making cloud-connected machine intelligence possible for organizations of any size.

With Blues, customers can easily and securely provision and communicate with any physical product, anywhere, enabling new sources of revenue and new customer experiences while also reducing costs. Blues solves the biggest challenges associated with wireless connectivity, making it easy to securely cloud-connect any physical product at scale.

Thousands of organizations worldwide, from non-profits to startups to enterprises, connect their devices with Blues integrated hardware, software, and cloud services. For more information about Blues and its wireless connectivity solutions, visit blues.com, and follow Blues on LinkedIn, YouTube, Instagram, and X.

About XYZ Venture Capital
Founded by Ross Fubini in San Francisco, XYZ Venture Capital is an early-stage venture capital firm that invests in founders building in industries on the cusp of tech transformation. Known for its strength in public sector and defense technology — including companies like Anduril, Apex Space, and Chapter — the firm has grown to support category leaders across enterprise, fintech, healthcare, and climate. XYZ’s hallmarks include deep relationships with founding teams, bespoke company support, continued involvement through later stages, and expertise in helping raise future rounds. More at xyz.vc.

SOURCE Blues

Nighthawk and Arena Investors, LP Launch Venture Lending Platform to Support UK Innovation Economy

LONDON, July 8, 2025 — Nighthawk Advisors LLP (“Nighthawk”), a specialist growth lender to early and mid-stage UK small and medium enterprises (“SMEs”), has announced the formation of a new secured lending platform in partnership with Arena Investors, LP (“Arena”). The programme will provide up to £30 million of flexible capital to UK SMEs, with capacity to scale to £60 million as demand grows.

The platform has already completed its first two transactions, deploying £5 million in funding to two highly innovative UK-based technology companies. The companies financed are in UK-based fast growing technology sectors of ad-tech and personalised nourishment, demonstrating the wide range of businesses the venture is prepared to support.

This partnership combines Nighthawk’s specialist structuring expertise and access to emerging growth businesses with Arena’s global institutional platform and experience navigating complex private credit markets. The joint venture aims to address the growing demand for alternative non-dilutive growth finance solutions from UK SMEs that are scaling rapidly but underserved by traditional bank lending or venture equity.

“Across the UK, there are outstanding innovation-led businesses seeking the right kind of growth capital to scale responsibly and sustainably,” said Xavier Van Hove and James Davis, Managing Partners at Nighthawk. “This partnership allows us to offer highly tailored financing to help these businesses create skilled jobs, retain intellectual property onshore, and drive long-term economic value for the UK.”

Pablo Fraga, European Private Investments, Managing Director at Arena, commented: “We are delighted to partner with Nighthawk in supporting the next generation of UK growth companies. The UK innovation economy presents exciting opportunities, and this platform allows us to deploy flexible capital where it can have real impact.”

With its focus on supporting ambitious UK businesses at critical stages of growth, the venture contributes to the broader objective of strengthening the UK’s innovation ecosystem and supporting domestic scale-up activity.

About Arena Investors, LP:

Arena is a global multi-strategy investment firm with approximately $4.1 billion of assets under management and programmatic capital1 as of April 1, 2025, with a team of over 180 employees in offices globally. The firm is a subsidiary of Arena Investors Group Holdings (“AIGH”). AIGH, along with its affiliate, Ceres Life Insurance, comprises the Westaim Corporation (TSXV: “WED”), an integrated asset management and life insurance and annuity provider.

In its alternatives business, Arena provides creative solutions for those seeking capital across all corporate, real estate, and structured finance investment areas, at all levels of the capital structure, and in all developed markets, alongside operational capabilities to manage and improve the businesses and assets in which it invests. The Firm brings together individuals with decades of experience, a track record of comfort with complexity, the ability to deliver within time constraints, and the flexibility to engage in transactions and business operations that cannot be addressed by banks and other conventional financial institutions. Please see www.arenaco.com for more information.

About Nighthawk Advisors LLP:

Nighthawk is a London-based growth lender focused on financing early and mid-stage technology SMEs based in the UK and Europe. The team has significant experience lending to and investing in technology companies, helping them accelerate their growth with innovative and non-dilutive funding solutions. 

Media Contact

Prosek Partners

[email protected] 

1Programmatic capital includes callable capital to discretionary and non-discretionary separately managed accounts and certain commingled vehicles.

SOURCE Arena Investors

Parter Raises $5.5M to Launch AI Platform for Hardware Teams Navigating Supply Chain Risk Management and Tariffs

Bringing AI to the heart of hardware manufacturing, Parter helps engineering and supply chain teams design smarter, source better, and operate with confidence – even in crisis.

NEW YORK, July 7, 2025Parter, the AI-powered company helping hardware teams – from engineering and supply chain to R&D – manage complexity and stay ahead of disruption, today announced $5.5 million in seed funding. The round was led by StageOne Ventures, with participation from Zenda Capital, Mercer Ventures, and notable angel investors including former Sequoia partner Shmil Levy, executives from Cisco, Ariel Maislos, and founders of Avalor, Datorama, Epsagon, and Innoviz. The funding will support Parter’s product development, go-to-market expansion, and U.S. growth as the company officially launches out of stealth.

Hardware manufacturing is under pressure. With supply chain instability including tariff-driven price hikes and fragmented systems, it has become harder than ever to bring products to market. According to a 2024 survey of more than 500 manufacturing leaders, 98% reported persistent challenges with disconnected and incomplete data, leading to delays, cost overruns, and lost opportunities.

With shifting trade policies and increasing pressure to reshore production, hardware teams must adapt fast. Parter gives them the tools to manage complexity, reduce risk, and move from reactive fixes to proactive decision-making.

“Our customers are under pressure from every direction. Data is siloed, teams are disconnected, and global instability makes everything harder,” said Asaf Israelit, co-founder and CEO of Parter. “We built Parter to bring clarity. Our platform connects data, teams, and decisions so hardware companies can streamline their operations and move with confidence – all thanks to AI.”

Parter helps hardware teams move beyond scattered spreadsheets, outdated tools, and manual processes. Instead of reacting to problems after they happen, teams can proactively manage risk, act faster, and make smarter decisions with help from AI. Whether it’s a tariff, shortage, compliance issue, or supply chain bottleneck – Parter delivers the insights needed to keep production moving and teams aligned.

The platform unifies product and supplier data from BOMs (Bill of Materials), datasheets, ERP and PLM systems, PDFs, and spreadsheets into one clean, structured system. AI agents validate, enrich, and link that data to generate real-time insights and recommendations. Capabilities include risk and compliance monitoring, auto alternatives for impacted components powered by AI agents, predictive alerts for obsolescence and tariffs, sourcing and quoting automation, and collaboration tools for cross-functional teams.

Parter serves the full spectrum of electronics producers, including OEMs, ODMs, EMS, and contract manufacturers in sectors like IoT, communications, automotive, and defense.

“Parter is solving a massive, overlooked problem,” said Tal Slobodkin, managing partner at StageOne Ventures. “This team is applying AI where it’s desperately needed, turning operational chaos into strategic clarity, equipping businesses with the essential tools they need to bring their hardware manufacturing to the U.S. or nearshore accordingly. It’s a game-changer for hardware companies and couldn’t be more timely.”

“Parter has completely transformed how we manage sourcing and quoting,” said Hila Arditi, VP Supply Chain at RH Group, a global electronics manufacturer with facilities in the U.S., Europe, and Israel. “By automating manual steps and simplifying our procurement process, Parter has helped us respond faster to customer needs and navigate today’s complex supply chain landscape with confidence.”

Parter was selected as one of just 25 startups globally to join the prestigious Palantir Foundry-backed Accelerator Programme The cohort is designed to support AI-native startups working in complex and data-rich industries, further validating Parter’s unique approach to hardware intelligence.

About Parter

Parter, which has offices in New York and Tel Aviv, is the AI platform transforming how hardware teams manage data, suppliers, and risk from design through manufacturing. By connecting engineering, supply chain, and R&D workflows on one intelligent platform, Parter replaces disconnected tools and guesswork with real-time insight and proactive guidance. Trusted by leading manufacturers around the world, Parter helps companies reduce costs, avoid disruptions, and move faster in a volatile global market.

Parter’s founding team – Asaf Israelit (CEO), Omer Gilat (CTO), and Ronen Hoffer (VP R&D) – brings over 15 years of combined experience in software and hardware development, with backgrounds in an elite intelligence unit. For more information visit: https://parter.ai/ and https://www.linkedin.com/company/parter-ai/

Media Contact
Joseph Moses
Headline Media
[email protected]

SOURCE Parter

Restore Medical LTD secures $23M to Advance Breakthrough Medical Device for Heart Failure Therapy

Funding, which will support clinical studies of Restore’s novel transcatheter device, was co-led by Pitango HealthTech and a global strategic partner, with continued investment from existing investors including Peregrine Ventures, another global strategic partner, and new investment from the European Innovation Council (EIC) Fund.

OR YEHUDA, Israel, July 7, 2025 — Restore Medical Ltd, a clinical-stage MedTech company developing transcatheter therapies for heart failure, announced today the successful closing of a $23 million Series B financing round. The round is co-led by Pitango HealthTech and a global strategic healthcare partner, alongside the European Innovation Council (EIC) Fund, and continued support from existing investors including Peregrine Ventures, which has supported the company since its inception, and another strategic partner.

The round will fund the completion of Restore Medical’s ongoing European feasibility study, which has demonstrated promising long-term safety and efficacy data, including meaningful improvements in ventricular reverse remodeling, hemodynamic performance, and patient functional capacity. The investment will also support the launch of a U.S.-based clinical study, following the Breakthrough Device Designation granted by the U.S. Food and Drug Administration (FDA) in 2024.

Restore Medical’s unique transcatheter approach introduces a new minimally invasive therapeutic option for heart failure patients who have limited effective treatments today.

“We are proud to have the support of such a strong and diverse group of partners, including two global strategic investors, the European Innovation Council Fund, and leading VCs such as Peregrine Ventures and Pitango HealthTech,” said Gilad Marom, CEO of Restore Medical. “Their confidence in our vision, team, and technology is a powerful endorsement. With encouraging clinical data and FDA Breakthrough Device designation, we are well positioned to advance this technology toward making a meaningful impact for patients worldwide.”

Jonathan Glazer, MD. Partner at Pitango HealthTech added: “Heart failure remains one of the greatest unmet needs in medicine, both clinically and economically. As a clinician and executive in healthcare systems, I have seen firsthand how urgent the need is for better solutions. Restore Medical’s innovative approach, compelling early data, and exceptional leadership made it a clear choice for us to co-lead this round.”

About Heart Failure

Heart failure is a chronic, progressive condition in which the heart is unable to pump blood effectively to meet the body’s needs. It remains one of the leading causes of hospitalization and mortality worldwide, particularly in patients with Heart Failure with reduced Ejection Fraction (HFrEF). Despite advancements in pharmacological treatments, a significant portion of patients remain symptomatic and at high risk of repeated hospitalizations, impaired quality of life, and premature death. The need for innovative, device-based therapies is growing rapidly as existing medical options reach their limits in addressing advanced heart failure.

About Restore Medical

Restore Medical is a privately held Israeli clinical-stage company dedicated to transforming the treatment of heart failure through novel transcatheter therapies that aim to restore hemodynamic balance and improve clinical outcomes for patients worldwide. Restore Medical is led by CEO Gilad Marom and began its operations within Peregrine Ventures’ Incentive Incubator after being Co-Founded by Stephen Bellomo (CTO), Dr. Elchanan Bruckheimer (Medical Director), and Aaron Feldman. The company is backed by leading investors with strong experience in healthcare and innovation, including Pitango HealthTech, Peregrine Ventures, the European Innovation Council (EIC) Fund, and two global strategic partners.

SOURCE Restore Medical Ltd.

MATTHEW BERRY’S FANTASY LIFE CLOSES $7 MILLION SEED ROUND LED BY LRMR VENTURES AND SC HOLDINGS; UNVEILS NEW PLATFORM AND GUILLOTINE LEAGUES

Investments by High-Profile Group of Athletes, Media Moguls, and Business Leaders Usher in the Company’s Next Phase 

NEW YORK, July 7, 2025 — Fantasy Life – the award-winning fantasy sports and gaming company spanning media and tech, founded by Matthew Berry, the legendary fantasy football personality featured on NBC Sports’ Football Night in America and host of Fantasy Football Happy Hour on Peacock – today announced a $7 million seed round to support the launch of its new platform and the acquisition of Guillotine Leagues. As the official tools partner of NBC Sports, the company delivers premium content and insights to millions of fans.

The funding has fueled the creation of a new fantasy ecosystem featuring improved technology, expanded tools, new content offerings, and a mobile-first experience designed for scale – reinforcing Fantasy Life as a premier destination for fans and marking the beginning of a transformative new phase, driving growth and innovation in fantasy sports.

The round is spearheaded by LeBron James’ and Maverick Carter’s LRMR Ventures and SC Holdings, led by Jason Stein. Other notable investors include:

  • Eberg Capital LLC, a private equity firm founded by Roger Ehrenberg, co-owner of the Miami Marlins and Alpine Formula One Racing
  • Bolt Ventures, the family office of David Blitzer, co-founder of Harris Blitzer Sports & Entertainment and owner of stakes in teams across all five major North American sports leagues, as well as several international soccer clubs
  • Gerry Cardinale, Founder and Managing Partner of RedBird Capital
  • Jeff Shell, Partner and Chairman of Sports and Entertainment, RedBird Capital Partners
  • Chad Hurley, Co-Founder of YouTube
  • Wasserman Ventures, the investment arm of global sports, music, entertainment, and culture company Wasserman
  • Tony Khan, Owner of the Jacksonville Jaguars, Fulham Football Club, All Elite Wrestling, and TruMedia Networks
  • SUM Ventures, founded by Garrett Gilbertson, includes NFL star George Kittle and retired Eagles Super Bowl Champion Brent Celek.
  • John Legend, Emmy, Grammy, Oscar, and Tony (EGOT) Award Winning Artist
  • Larry Fitzgerald Jr., Co-Founder of Trenches Capital and former NFL wide receiver
  • Donald Mustard, Co-Creator of Fortnite and former Chief Creative Officer at Epic Games

They join a roster of existing investors that includes NFL stars Josh Allen, Joe Burrow, Ja’Marr Chase, and Austin Ekeler. That support has helped spark major momentum, with Fantasy Life increasing revenue by 737% since launching in 2022, including a 230% jump from 2024 to the first half of 2025.

“My entire adult life has been about helping fantasy players and sports gamers win, have more fun, and make this industry better,” said Berry. “Fantasy Life is the culmination of my decades of experience — a destination for every kind of player, from beginner to sharp. With smart, personalized tools, entertaining content, and the best damn fantasy game ever in Guillotine Leagues, we’re building a platform as obsessed with fantasy as we are. I’m incredibly honored that so many people I’ve long admired believe in what we’re doing and want to be part of the journey. I can’t wait for everyone to check out the new features and win more titles.”

“We’re always looking for opportunities to invest in smart, creative people and businesses that share our values. What Matthew, Eliot and the team are building with Fantasy Life hits on everything we look for,” said Maverick Carter, CEO of LRMR Ventures. “Their strong brand, incredible growth and the market size of sports gaming make for a compelling opportunity. As an avid fantasy football and Guillotine League player myself, this is a tech-forward play that we believe will be a game changer for fantasy sports and we’re proud to co-lead this round with our partners at SC Holdings.”

Central to the new Fantasy Life is a revamped version of Guillotine Leagues – a high-stakes, week-to-week survival format now featured in a fresh, next-gen experience that sets it apart in the fantasy space.

Key upgrades include:

  • A fully redesigned app and web experience, now faster, more scalable, and engineered for deeper engagement. The new Guillotine League app is now available on iOS, with Android availability later this summer.
  • Integrated Fantasy Life content and premium tools for a one-of-a-kind, personalized user experience

“This next chapter of Fantasy Life is about delivering a truly player-first experience. That starts with Guillotine Leagues – a bold, survivor-style game that is fantasy for the fearless,” said Eliot Crist, CEO of Fantasy Life. “We’re excited to elevate the format for fantasy players who crave intensity and innovation.”

To power the new Fantasy Life platform, the company is also rolling out an industry-altering platform, FantasyHQ™ presented by Mike’s Hard Lemonade. FantasyHQ™ is a personalized hub for daily player insights, real-time data, and league tools, with key features including the ability to:

  • Sync your leagues, across all providers, for a fully personalized experience
  • Get custom trade, waiver, and start/sit advice tailored specifically to your team, needs, and matchup
  • Mike’s Fantasy Scoreboard™ – your fantasy football command center with side-by-side views of all your matchups
    • All of your fantasy games in one place, for the ultimate second-screen experience on gameday

For more information on Fantasy Life and to sign up for the newsletter, visit the redesigned FantasyLife.com.  Follow @MBFantasyLife on Twitter, Instagram, TikTok, and YouTube for updates and premier fantasy and gaming content.

ABOUT FANTASY LIFE
Founded by the godfather of fantasy football – Matthew Berry – Fantasy Life is the official tools partner of NBC Sports, delivering the highest-quality fantasy football content and tools for casual fans and experts alike. The company also partners with LG, SiriusXM, Roku, Fubo, iHeart, a360, and many others, reaching millions of fantasy players across multiple platforms. Fantasy Life has won Best Places to Work in Sports awards from Sports Business Journal and Front Office Sports and has been the most awarded company at the Fantasy Sports & Gaming Association (FSGA) Awards over the past three years, including taking home four awards in 2025.

From written content to video, from audio to a vibrant community experience and including a brand-new suite of premium tools at Fantasy Life+, we embrace the company’s mission of “fantasy football for all” on a 365-day basis at FantasyLife.com.

CONTACT
Fantasy Life: [email protected]

SOURCE Fantasy Life