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FANATICS, INC.
Fanatics, Inc.
Sports commerce / licensed merchandise, trading cards, betting · New York City · United States · Founded · 2011 · ≈ · 22,000 · employees

Fanatics, Inc.: Company Profile & Valuation

Private

Fanatics, Inc., headquartered in United States, remains privately held in the sports commerce / licensed merchandise, trading cards, betting space. Investors last valued the company at $25B (post-money). No public ticker exists for the company.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Fanatics, Inc. at a glance
Last valuation
$25B
POST-MONEY · JUN 2024
Raised across rounds
$4.8B
10 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
HOOD—
HOOD-PERP · live
Valuation history

Fanatics, Inc. valuation history

8 valuations. The latest, $25B post-money, was set by the Employee Share Sale / Investment Round in Jun 2024.

$25B
Jun 2012
$1.5B
Series A · post-money
Jun 2013
$3.1B
Series B · post-money
+107% vs prior valuation
Sep 2017
$4.5B
Growth round
+45% vs prior valuation
Aug 2020
$6.2B
Series E · post-money
+38% vs prior valuation
Mar 2021
$12.8B
Growth round · post-money
+106% vs prior valuation
Aug 2021
$18B
Growth round · post-money
+41% vs prior valuation
Dec 2022
$31B
Growth round · post-money
+72% vs prior valuation
Jun 2024
$25BLATEST
Employee Share Sale / Investment Round · post-money
−19% vs prior valuation
Latest valuation
$25Bpost-money
Set by the Employee Share Sale / Investment Round · 1 Jun 2024
×16.7since the $1.5B Series A in Jun 2012
Valuations
8
Priced rounds with a valuation
Event type
Primary round
The Employee Share Sale / Investment Round
Funding history

Fanatics, Inc. funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series A
Jun 2012
$150M
$1.5B
—
—
Series B
Jun 2013
$170M
$3.1B
—
+106.7%
Series C
Aug 2015
$300M
—
—
—
Growth round
Sep 2017
$1B
$4.5B
SoftBank
+45.2%
Series E
Aug 2020
$350M
$6.2B
—
+37.8%
Growth round
Mar 2021
$320M
$12.8B
—
+106.5%
Growth round
Aug 2021
$325M
$18B
—
+40.6%
Growth round
Apr 2022
$1.5B
—
Fidelity, Blackrock, MSD Partners
—
Growth round
Dec 2022
$700M
$31B
—
+72.2%
Employee Share Sale / Investment Round
Jun 2024
—
$25B
—
−19.4%
Fanatics, Inc. · investors

Investors

FidelityLEADBlackrockLEADMSD PartnersLEADSSoftBankLEADSilver LakeInsight PartnersAndreessen HorowitzNNFLMMLBNNHLMMLSNNFLPARRoc NationFFidelity Management & ResearchCClearlake Capital GroupLLionTree
Will Fanatics, Inc. IPO?
Founded
2011
Jun 2012
Series A · $1.5B
Jun 2024
Employee Share Sale / Investment Round · $25B
IPO
Not announced
No filing has been made.
Fanatics, Inc. — the private market
Last valuation$25B · post-money · Jun 2024
Total raised$4.8B
Lead investors
FidelityBlackrockMSD PartnersSoftBank
IPO statusNot announced
Founded · HQ2011 · New York City · United States
Employees≈ 22,000
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Fanatics, Inc.

Fanatics has grown from an online jersey seller into a sports platform spanning Fanatics Commerce, Fanatics Collectibles, Fanatics Gaming, Fanatics Markets and other divisions that together reach over 100 million fans globally. The business traces to a Jacksonville, Florida store that Michael Rubin folded into the company he rebuilt after selling GSI Commerce to eBay for $2.4 billion in 2011, founding Fanatics that same year as an online retailer of licensed sportswear and merchandise.

Headquartered in New York City under Rubin, Fanatics acquired the trading-card company Topps in December 2021 and, since 2024, has been the exclusive ice hockey jersey supplier for every NHL team.

The money screen · ranked by accessibility

How to get Fanatics, Inc. exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Fanatics, Inc..

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Fanatics, Inc. availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Fanatics, Inc. included.

No account needed

Fanatics, Inc. stock — frequently asked questions

How can I get exposure to Fanatics, Inc.?›

The routes section explains what is realistically available for a company at this stage.

Is Fanatics, Inc. publicly traded?›

No. Fanatics, Inc. is a private company; its shares do not trade on a public exchange.

What is Fanatics, Inc.'s valuation?›

The last valuation is $25B (post-money, Jun 2024).

Who has invested in Fanatics, Inc.?›

Lead investors for each round are in the funding timeline.

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