Candy Digital Secures $100 Million Investment In Series A Round; Values Company At $1.5Bn
Amount Raised
$100 Million
Round Type
Series A
New YorkOtherInformation TechnologySoftwareData And AnalyticsCommerce And ShoppingDescription
Candy Digital, the next generation digital collectible (NFT) company, announced today that it completed a $100 million Series A financing round, which values the company at $1.5bn. The newly raised capital will be used to fund Candy’s continued expansion of its NFT offerings across the global sports landscape for both current and emerging partners. The funding round was co-led by leading global private equity and venture capital firms Insight Partners and Softbank Vision Fund 2. Additional participants in the round include Connect Ventures, an investment partnership between leading entertainment and sports agency Creative Artists Agency (CAA) and global venture capital firm New Enterprise Associates (NEA), Will Ventures, Gaingels, Com2Us, Athletes Syndicate in partnership with Chaos Ventures, which includes participation from current and retired MLB, NFL, NBA, and NHL players, and NFL Hall of Famer Peyton Manning
Quick answer
Candy Digital raised $100 Million in a Series A round, dated October 21, 2021. Candy Digital is based in New York, New York, United States.
- How much did Candy Digital raise?
- Candy Digital raised $100 Million in a Series A round on October 21, 2021.
- What does Candy Digital do?
- Candy is a new digital asset content company building an innovative NFT ecosystem that will change how fans and collectors engage with their favorite sports, music, art, and cultural icons.
- Where is Candy Digital based and how big is it?
- Candy Digital is based in New York, New York, United States. Fundz records about 53 employees.
Source: Fundz verified event record.
Who else raised in Data And Analytics and Commerce And Shopping around the same time
Companies in the same sectors as Candy Digital that raised within 45 days of this round, from Fundz verified event records.
- Shopblocks raised $1.3M (Seed) on October 14, 2021.
- Andela raised $93M on October 7, 2021.
- Andela raised $200M on September 29, 2021.
- Engage3 raised $35M (Series D) on December 2, 2021.
- Clarity AI raised an undisclosed amount (Funding Round) on December 2, 2021.
- SafelyYou raised an undisclosed amount (Funding Round) on December 2, 2021.
Who to call at Candy Digital, and when
A new round usually means Candy Digital is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Candy Digital raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Candy Digital, from your own LinkedIn network
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Funding Insights
What this usually meansCandy Digital raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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