Angel City FC Investors Fuel Women's Soccer with Major Investment

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Posted Oct 29, 2024

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Angel City FC investors have made a significant impact on women's soccer with their major investment.

The investors, led by a group of influential women, have brought a fresh perspective to the sport, with a focus on creating a more inclusive and equitable league.

This investment has resulted in the creation of the National Women's Soccer League's (NWSL) 14th team, Angel City FC, which is set to launch in 2022.

Angel City FC's investors have also committed to creating a strong foundation for the team, including building a state-of-the-art stadium and investing in youth development programs.

Investors and Funding

Angel City FC has 10 investors, with Seven Seven Six being one of the most notable investors, having participated in two funding rounds, including an Unattributed VC funding round in 2024.

The club has received funding from various sources, including Venture Capital firms like Thrive Capital, and individual investors like Willow Bay, who invested in a Corporate Majority round in 2024.

Angel City FC has raised a total of $123.07M over 4 rounds, with its latest funding round being a Unattributed VC for $123.07M on September 17, 2024.

Disney CEO Bob Iger to Take Majority Stake

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Disney is getting a major shake-up, with CEO Bob Iger taking a majority stake in the company.

He's not just a CEO, Bob Iger is also a seasoned investor with a proven track record.

Iger's deal is a significant one, giving him a majority stake in the company.

As a seasoned investor, Iger knows what it takes to make a deal work.

The deal is expected to be finalized soon.

With Iger at the helm, Disney is poised for big things.

Funding, Valuation & Revenue

Angel City FC has raised a significant amount of funding, with a total of $123.07M over 4 rounds. The latest funding round was a Unattributed VC for $123.07M on September 17, 2024.

The valuation of Angel City FC in July 2024 was $250M. This is a notable increase from previous valuations, and it's likely that the company's growth and success have contributed to this increase.

Angel City FC's revenue in 2023 was $31M, which is a respectable amount for a company in the sports industry. However, the exact revenue figures for later years are not publicly available.

Here's a breakdown of Angel City FC's funding rounds:

Deal Details

Credit: youtube.com, Why Angel City FC investor Alexis Ohanian sees more value in women’s soccer than MLS | ESPN FC

Angel City FC investors have committed to a significant investment, with a total of $50 million allocated towards the team.

The investment is a result of a Series B funding round, which is a type of funding that typically involves a larger investment than earlier rounds.

Angel City FC is owned by a group of investors led by Natalie Portman, a well-known actress and soccer enthusiast.

The team's ownership group has a diverse range of investors, with a total of 28 investors involved in the team.

Angel City FC has a strong focus on women's soccer, with a goal of creating a professional women's soccer team in Los Angeles.

Angel City FC

Angel City FC is a professional soccer team competing in Major League Soccer, primarily serving the sports entertainment sector with a focus on soccer fans and the broader community. It was founded in 2014 and is based in Los Angeles, California.

The team has a unique ownership structure, with over 100 investors, including former soccer stars and celebrities. This non-traditional ownership group has led to internal fissures and a complicated governance structure.

Credit: youtube.com, Something Big Is Coming... | Angel City FC

Angel City FC has had multiple funding rounds, with Seven Seven Six investing in the Unattributed VC funding round. The team's valuation was recently increased to a record $250 million after a sale of a 35%-40% controlling stake to Willow Bay and Bob Iger.

Here's a breakdown of the team's investors:

Angel City FC's governance structure has changed with the sale of the controlling stake, with Bay and Iger controlling a majority of seats on the team board.

Financial Analysis

Angel City FC has raised a significant amount of funding, with a total of $123.07M raised over 4 rounds.

Their latest funding round was a Unattributed VC for $123.07M on September 17, 2024, with investors Seven Seven Six, Thrive Capital, and Undisclosed Investors.

Angel City FC's valuation in July 2024 was $250M, which is a notable milestone for the team.

Their 2023 revenue was $31M, which is a respectable figure for a sports team.

Credit: youtube.com, Angel City FC: Ownership, Reimagined | Boardroom

Here's a breakdown of Angel City FC's funding rounds:

Angel City FC's funding rounds demonstrate the team's ability to attract significant investment and support from various investors.

Frequently Asked Questions

Who are the celebrity owners of Angel City?

Angel City Football Club is owned by a group of influential women, including Academy Award-winning actress Natalie Portman, technology venture capitalist Kara Nortman, and media entrepreneur Julie Uhrman. Joining them is two-time Olympic Gold Medalist Angela Hucles Mangano, the team's General Manager.

Who is buying Angel City FC?

Disney CEO Bob Iger and Willow Bay, dean of the USC Annenberg school, have acquired a controlling interest in Angel City FC. They join the ownership group of the Los Angeles-based women's professional soccer team.

Harold Raynor

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Harold Raynor is a seasoned writer with a keen eye for detail and a passion for sharing knowledge with others. With a background in business and finance, he brings a unique perspective to his writing, tackling complex topics with clarity and ease. Harold's writing portfolio spans a range of article categories, including angel investing, angel investors, and the Los Angeles venture capital scene.