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Basketball Forever is a digital media and technology company based in Sydney, Australia, that produces basketball news, commentary, and interactive daily fantasy sports platforms for a worldwide audience. The organization reaches an extensive global demographic of over 110 million monthly unique visitors and generates approximately 500 million video views annually across its social publishing network. Operating free prediction games like Hot Hands, VOAT, and Streaker, the company generates revenue through digital advertising, brand sponsorships, and strategic affiliate partnerships with entities like Dabble. To support its North American expansion and real money gaming development, the enterprise recently secured a $4 million Series A funding round backed by notable investors including Yolo Investments, Astralis Capital Management, Andover Ventures, and Chris Grove. Basketball Forever was originally established as a social media page in 2011 by founders Alex Sumsky and Nick Kelland.
Basketball Forever has raised $4.0M across 1 funding round.
Basketball Forever has raised $4.0M in total across 1 funding round.
Basketball Forever is a social‑first sports media company (part of Forever Network) that builds digital content, games and audience products around global basketball culture for young, highly engaged fans and bettors[2][3].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick reminder: Basketball Forever is a media and product company within Forever Network, not an investment firm; funding and strategic direction reported in press coverage include a Series A round aimed at scaling audience and gaming products[1][2].
Basketball Forever has raised $4.0M in total across 1 funding round.
Basketball Forever's investors include IGAMING IDEAS, KB Partners, XFactor Ventures.
Basketball Forever has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Series A in March 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2024 | $4M Series A | — | IGAMING IDEAS, KB Partners, XFactor Ventures | Announced |