LeagueApps, a youth sports management platform, has secured an equity investment from Accel-KKR, a technology-focused private equity firm based in Menlo Park, CA, with offices in London and Mexico City. The investment will help LeagueApps bolster its youth sports management platform.
Founded in 2010, LeagueApps powers youth and local sports organizations across eight team sports, pro leagues, and teams and supports engagement with parents and coaches.
Brian Litvack, LeagueApps’ CEO and co-founder, said, “We are thrilled to team up with Accel-KKR to further our mission to create amazing sports experiences for all. The youth sports industry is evolving, and LeagueApps strives to provide more solutions, technology and data to youth sports communities. The partnership with Accel-KKR will give us capabilities and resources that enhance our ability to serve organizations that are central to the youth sports experience.”
Accel-KKR’s Managing Directo, Dean Jacobson, said, “We have been impressed by LeagueApps’ key role in the rapidly evolving youth sports universe and their vision of how technology can be integrated to help organizations scale, simplify, build community, and enable more youth athletes and families to participate. We are excited to support their important mission to bring the benefits of sport to kids and communities everywhere.”
In addition to Accel-KKR’s investment, Arctos Partners, a private investment firm based in Dallas, TX, with a platform dedicated to the sports industry, will also make a minority investment.
Existing investors include:
- Contour Venture Partners, a New York-based early-stage venture capital firm
- Hamilton Lane, the investment management and advisory company headquartered in Conshohocken, PA
- Julie Foudy, Broadcaster, Olympic Gold Medalist, USWNT World Cup Champion,
- Shane Battier, NBA and NCAA Champion,
- Swin Cash, New Orleans Pelicans SVP of Basketball Operations and Team Development, NCAA and WNBA Champion, and Olympic Gold Medalist,
- Dhani Jones, NFL veteran and NCAA Champion, and
- Derrick Dockery, NFL veteran
Foudy said, “There’s so much opportunity to make youth sports better for everyone, and I’m excited to continue my involvement with LeagueApps and to be joined by others who share our commitment to elevating the industry through innovation and community.”
Image courtesy LeagueApps