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Youth Sports LeagueApps receives Accel-KKR and Arctos Investment

Youth Sports LeagueApps receives Accel-KKR and Arctos Investment

LeagueApps, a youth sports team management platform, has announced a new round of venture capital raising led by new investors Accel-KKR with Arctos Partners.

The two funds’ holdings are not disclosed, but an embargoed press release describes them as “significant.” According to data compiled by S&P Global Market Intelligence, LeagueApps has already raised $35 million over nearly a decade, including an accelerator investment from the Los Angeles Dodgers in 2015 and subsequent VC investments from Contour Venture Partners and Hamilton Lane.

LeagueApps serves eight youth team sports in areas such as registration, payment processing, communicating with participants, and managing schedules and attendance. The company says more than 3,000 youth sports organizations use its software, including Ripken Baseball and Atlanta United Training Programs.

Accel-KKR is an independent venture capital fund founded in 2000 with backing from Accel Partners and KKR, but is no longer affiliated with KKR, according to its website. Accel-KKR has $19 billion in capital deployed through growth, buyout and debt funds in various technology companies.

The Arctos investment is part of its sports funds, which hold minority stakes in sports franchises such as the Boston Red Sox, Tampa Bay Lightning and Paris Saint-Germain, as well as stakes in sports companies such as SeatGeek and GeoComply.

Other investors from previous rounds include Swin Cash, senior vice president of the New Orleans Pelicans, National Soccer Hall of Famer and TV analyst Julie Foudy, basketball player Shane Battier and former NFL players Dhani Jones and Derrick Dockery.

“There are so many ways to make youth sports better for everyone, and I’m excited to continue my commitment to LeagueApps and join forces with others who share our commitment to advancing the industry through innovation and community,” Foudy said in the press release .