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 February 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

January 21, 2020

Funding

Total raised $117.7M across 5 rounds

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

Last updated 06-25-2026

Latest Round

Type

Series D

Date

January 21, 2020

Amount

$50M

Valuation

$0.5B

Lead Investors

Bedrock Capital
DateRoundAmount RaisedValuationLead Investors
January 21, 2020 Series D $50M $0.5B Bedrock Capital
October 2018 Series C $40M Founders Fund, Bedrock Capital
March 5, 2018 Series B $20M $0.2B Evolution Media

Funding by Round

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

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
1x 2x 2019 2020 The Athletic

Entry · Series B

$0.2B

Mar 2018

The Athletic today

$0.5B

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.