League One Volleyball Secures $100M Investment Ahead of January Launch
The new funding supports the debut of a six-team professional women's volleyball league and expands its grassroots-to-pro pipeline.
- League One Volleyball (LOVB) has raised $100 million in new funding from Atwater Capital, Ares Management, and Left Lane Capital, bringing its total funding to $160 million.
- The professional league, LOVB Pro, will debut on January 8, 2025, with teams in Atlanta, Houston, Austin, Madison, Salt Lake City, and Omaha.
- LOVB's grassroots-to-pro model includes 66 volleyball club locations across 26 states, supporting over 16,000 youth athletes and 600 collegiate players.
- The league's inaugural rosters feature players from 20 countries, including 17 Olympians and 10 members of the 2024 U.S. silver medal-winning team.
- LOVB has secured a media rights deal with ESPN to broadcast matches and partnerships with Adidas, Revolve, and Spanx to support its launch.