TMRW Sports nears funding round that would double valuation to $1 billion

  • TMRW Sports is finalizing funding that would double its valuation to $1 billion.
  • $500 million valuation followed Series A; last year’s round reportedly reached $650 million.
  • Dynasty Equity reportedly joined the round; Connect Ventures has not announced participation.

TMRW Sports, the parent company of TGL, is finalizing a funding round that would double its valuation to $1 billion, Front Office Sports reported. The company was valued at close to $500 million after its Series A round and reportedly reached $650 million in last year’s funding round. Discussions with investors have reportedly taken place since July, around the time of the World Cup final. Dynasty Equity, a co-leader of TMRW’s 2024 Series A, is reportedly participating in the new round, while Connect Ventures, the other Series A co-leader, has not announced whether it will join. TMRW Sports was established in 2022 by Tiger Woods, Rory McIlroy and former Golf Channel president Mike McCarley.

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