Opendorse

company

About

Opendorse operates a SaaS-enabled Marketplace in the athlete endorsement industry.

  • 51 - 100

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$20M
Industries
Brand Marketing,Enterprise Software,Marketplace,Publishing,SaaS,Social Media Management,Software,Sports
Founded date
Nov 1, 2012
Number Of Employee
51 - 100
Operating Status
Active

Opendorse provides technology to the athlete endorsement industry. More than 100,000 athletes use the free Opendorse app to understand, build, and monetize their name, image, and likeness (NIL) value.

Opendorse operates a SaaS-enabled Marketplace business model.

Sports organizations (teams, leagues, and athletic departments) pay annual subscription fees to help manage athlete endorsements through the Opendorse SaaS platform.

Sports supporters (brands, fans, sponsors, donors) pay one-time transaction fees to book athlete endorsements through the Opendorse Marketplace platform.

Opendorse is the largest provider of technology in the athlete endorsement and name, image, and likeness (NIL) industry. Partners include the USOPC, NFLPA, MLBPA, NBPA, NHLPA, PGA TOUR, LPGA, and more than 100 NCAA athletic departments.

The company was founded by Adi Kunalic, Blake Lawrence, and Timothy Braun in 2012 and is headquartered in Lincoln, Nebraska.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$20M
Opendorse has raised a total of $20M in funding over 2 rounds. Their latest funding was raised on Dec 6, 2022 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 6, 2022 Series Unknown $20M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Opendorse is funded by 1 investors. Advantage Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Advantage Capital Series Unknown