Tech Company Financing Transactions

National Cycling League Funding Round

National Cycling League, based in Miami, secured $7.5 million from Will Ventures, Collab Capital and Founder Collective.

Transaction Overview

Announced On
12/19/2022
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Seed
Investors

Will Ventures (Lead Investor)

Collab Capital

Founder Collective

Impellent Ventures

private investors (Bradley Beal)

private investors (Casey Hayward)

private investors (Derwin James)

private investors (Emmanuel Acho)

private investors (Jalen Ramsey)

private investors (Kevin Byard)

private investors (Michele Roberts)

private investors (Rachel Lindsay)

Proceeds Purpose
The company intends to use the funds to support the development of its technology platform, which seeks to deliver interactive access to pro athlete biometric and performance data for consumer applications in real time.

Company Information

Company Status
Private & Independent
Industry
Entertainment
Mailing Address
3350 Virginia St. 2nd Fl
Miami, FL 33133
USA
Phone
Undisclosed
Email Address
Overview
The NCL series will hold races in iconic cities around the country, including Miami Beach, Atlanta, Denver, and Washington, D.C., with a championship team decided at the end of the season and awarded the largest prize in the history of crit racing.
Profile
National Cycling League LinkedIn Company Profile
Social Media
National Cycling League Company Twitter Account
Company News
National Cycling League News
Facebook
National Cycling League on Facebook
YouTube
National Cycling League on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Paris Wallace
  Paris Wallace LinkedIn Profile  Paris Wallace Twitter Account  Paris Wallace News  Paris Wallace on Facebook
Chief Operating Officer
Rob Weir
  Rob Weir LinkedIn Profile  Rob Weir Twitter Account  Rob Weir News  Rob Weir on Facebook
Co-Founder
Randall Clark
  Randall Clark LinkedIn Profile  Randall Clark Twitter Account  Randall Clark News  Randall Clark on Facebook
Co-Founder
David Mulugheta
  David Mulugheta LinkedIn Profile  David Mulugheta Twitter Account  David Mulugheta News  David Mulugheta on Facebook
Co-Founder
Matt Walkins
  Matt Walkins LinkedIn Profile  Matt Walkins Twitter Account  Matt Walkins News  Matt Walkins on Facebook


 

 

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Prev: 12/19/2022: Carter venture capital transaction
Next: 12/19/2022: Husslup venture capital transaction

 

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