The Athletic

San Francisco, CA Media & Entertainment Acquired

The Athletic is a subscription-based sports journalism platform providing national and local sports coverage in 47 North American cities and the United Kingdom. Acquired by The New York Times Company in February 2022, it operates as a dedicated sports department within the Times organization, delivering premium reporting and analysis for die-hard sports fans.

Acquired

The Athletic has been acquired

Acquired by The New York Times Company Feb 1, 2022 $550M

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2016

Total Funding

$117.7M

5 rounds

Latest Valuation

$0.5B

Jan 21, 2020

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $117.7M across 5 rounds

Last updated 06-25-2026

DateRoundAmount RaisedValuationLead Investors
Jan 21, 2020 Series D $50M $0.5B Bedrock Capital
Oct 2018 Series C Axios $40M Founders Fund, Bedrock Capital
Mar 5, 2018 Series B $20M $0.2B Evolution Media

Valuation Trajectory

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

$200M $500M 2019 2020 The Athletic

Entry · Series B

$200M

Mar 2018

The Athletic today

$500M

Jan 2020 · latest mark

The Athletic multiple

2.5x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Alex Mather

    Co-founder

  • Adam Hansmann

    Co-founder

  • David Perpich

    Publisher

  • Paul Fichtenbaum

    Chief Content Officer, U.S.

  • Alex Kay-Jelski

    Editor-in-Chief, UK & Europe

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Data collected with AI, which can make mistakes. Please double-check this information.