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Unrivaled Reaches $340 Million Valuation in Bessemer-Led Series B

The funding targets Wayfair Arena upgrades, expanded player development resources, possible expansion.

Overview

  • Bessemer Venture Partners led the oversubscribed round as Serena Ventures joined, with Warner Bros. Discovery and Trybe Ventures participating again.
  • New capital will expand the metro Miami facility, add development staff and trainers, and support potential touring in non-WNBA markets.
  • The six-team 3-on-3 league launched in 2025 with player equity and what it describes as the highest average salaries in women’s professional sports.
  • Unrivaled averaged 221,000 viewers on TNT and truTV, sold out its two-day postseason in Miami, and plans to start season two in January 2026.
  • The $340 million valuation marks a rise from about $95 million a year ago, CNBC reported, citing a person familiar with internal figures.