What is Overtime?
Based in Brooklyn, Overtime has established itself as a leading brand for young sports enthusiasts. Over a span of five years, the company has cultivated a substantial community, amassing nearly 50 million social media followers. Its operations extend across diverse areas including content creation, e-commerce, a dedicated sports app, and live events, demonstrating a comprehensive approach to engaging its audience and building a robust ecosystem.
How much funding has Overtime raised?
Overtime has raised a total of $195M across 5 funding rounds:
Angel/Seed
$2.5M
Series A
$9.5M
Series B
$23M
Series C
$60M
Series D
$100M
Angel/Seed (2017): $2.5M with participation from Greycroft Partners, TACK Ventures, Fitz Gate Ventures, 645 Ventures, Correlation Ventures, and Chaac Ventures
Series A (2018): $9.5M led by Andreessen Horowitz
Series B (2019): $23M supported by Andreessen Horowitz and Spark Capital
Series C (2021): $60M featuring SapphireSports and BLACK CAPITAL PARTNERS
Series D (2022): $100M backed by OGCI Climate Investments, CM Venture Capital Fund III, and Capricorn Sustainable Chemistry Fund
Key Investors in Overtime
SapphireSports
Sapphire Sports is an entity specializing in sports accessories and equipment, indicating a potential interest in the sports merchandise or fan engagement aspects of Overtime's business.
OGCI Climate Investments
OGCI Climate Investments, part of the Oil and Gas Climate Initiative, typically focuses on large-scale climate-focused investments, suggesting a strategic alignment with Overtime's broader impact or sustainability initiatives, or a diversified investment portfolio.
Greycroft Partners
Greycroft Partners is a venture capital firm with a strong focus on internet and mobile markets, known for supporting entrepreneurs in gaining visibility and building successful businesses, aligning with Overtime's digital-first, community-driven model.
What's next for Overtime?
The recent major strategic investment signals a pivotal phase for Overtime, likely enabling further scaling of its operations and expansion into new markets or product lines. With a strong foundation in community building and a multi-vertical strategy, the company is well-positioned to leverage this capital for continued innovation and market penetration. Future developments may include enhanced content offerings, expanded e-commerce capabilities, and potentially new digital or physical experiences for its rapidly growing user base.
See full Overtime company page
