Fz Sports, a Miami-based global sports media and technology company, has secured $74 million in financing from investors including 777 Partners, MEP Capital, Torneos, Serengeti Asset Management, and Magma Partners. The funding comprises a combination of debt and equity capital. Fz Sports specializes in sports rights management, technology, and innovative business models. The company has established strong partnerships with top-tier leagues in Latin America such as the Brasileirão, Liga Argentina de Futbol, and Liga 1 in Peru. Fz Sports operates Fanatiz, a sports streaming service catering to Hispanic audiences.
In summary, Fz Sports has raised $74 million in financing from investors including 777 Partners, MEP Capital, Torneos, Serengeti Asset Management, and Magma Partners. The funding will enable Fz Sports to further enhance its sports rights management and support various prominent leagues in Latin America. The company's flagship platform, Fanatiz, offers a wide range of sports content and is the largest sports streaming service dedicated to Hispanic audiences worldwide.