Startup profile · funding coverage
Overtime funding, valuation and investors
Gen Z sports media brand with leagues including OTE basketball and OT7 football.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series B
$23M · 2019
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$33M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
growth · Brooklyn, New York, USA
Overview
Overtime is a digital sports media company targeting Gen Z with short-form video, social content, and owned leagues — Overtime Elite (OTE) basketball and OT7 football. Founded by Dan Porter (former CEO of OMGPOP, maker of Draw Something), Overtime built audience on Instagram and YouTube before launching professional-amateur leagues that alternate paths to pro sports. Andreessen Horowitz led Series A ($9.5M, 2018); Spark Capital led Series B ($23M, 2019). Liberty Media participated in later growth rounds exceeding $100M total funding.
Why Overtime is interesting
Dan Porter (OMGPOP) turned short-form hoops culture into owned leagues — a16z Series A (2018) before Spark-led B and Liberty Media-backed scale-up past $100M Series D.
Product & use cases
Overtime produces sports highlights and original shows for social platforms, operating OTE (alternative basketball path for top high school talent) and OT7 (7-on-7 football) as media-league hybrids with sponsorship and distribution deals.
- Gen Z sports content consumption on mobile/social
- Alternative development path for elite young basketball players (OTE)
- Brand sponsorships targeting young sports audiences
- Media rights and league monetization experiments
Key facts
- Series A (2018): $9.5M led by a16z — Variety
- Series B (2019): $23M led by Spark Capital — Forbes
- Founder Dan Porter sold OMGPOP (Draw Something) to Zynga
- OTE and OT7 owned leagues launched after media audience scale
- Greycroft (/fund/greycroft) participated in seed rounds
Funding history (newest first)
Series B
2019 $23MSource: https://www.forbes.com/sites/krististoppak/2019/02/26/overtime-raises-23-million/
Series A
2018 $9.5MSource: https://variety.com/2018/digital/news/overtime-series-a-andreessen-horowitz-1202888888/
Investors in our directory
Funds linked from Overtime's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Owned audience + owned leagues vertical integration rare in sports media; Porter's consumer gaming/social track record.
Sports media is crowded; Overtime's bet is owning leagues captures more value than pure content arbitrage. OTE signed notable prospects but faces NCAA eligibility and long-term talent pipeline questions. Liberty Media strategic capital signals media-rights ambition.
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House of Highlights / Bleacher Report adjacent
Social sports clip incumbents without owned league infrastructure.
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NCAA / AAU incumbent
Traditional amateur pathways OTE positions against for top recruits.
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NBA G League Ignite adjacent
NBA-branded alternative path competing for similar talent pool.
Notable stories
- Dan Porter's OMGPOP sold to Zynga for ~$180M after Draw Something viral hit — Overtime applies consumer viral playbook to sports media.
- a16z Cultural Leadership Fund participated in Series B, reflecting sports + culture investment thesis.
Industries
FAQs about Overtime
Practical answers founders, operators, and investors typically search for.
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