Unrivaled women’s basketball league is valued at $650 million after new funding round
Unrivaled has raised funds that put its valuation at $650 million, the 3-on-3 women's basketball league announced Wednesday. That's nearly double its valuation from a year ago, when the league closed a Series B funding round. Unrivaled also announced that the portion of the company owned by its players is valued at nearly $200 million. The league said the player equity pool has increased 550% since it was launched. Unrivaled president Alex Bazzell said the Series C funding is more than all of the league's other funding combined. It will help strengthen the league, which will begin ...