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Article Date: March 2022
Word Count: 157

Fanatics Raises $1.5 Billion at $27 Billion Valuation


In its latest funding round, the sports merchandise and memorabilia juggernaut received $1.5 billion from Fidelity Management & Research, BlackRock and Michael Dell’s MSD Capital, the Wall Street Journal reported, citing inside sources. The $27 billion valuation represents a 50% jump up from Fanatics last raise in Aug. 2021, when it took in $325 million at an $18 billion valuation. The company has been adding new categories as CEO Michael Rubin looks to extend beyond sports merchandise into several ... Log in to view full article.

 


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