Tiger Woods & Rory Mcilroy’s TMRW Sports Valued At $500m
TMRW Sports, the golf venture established by golf legends Rory McIlroy and Tiger Woods, has reportedly reached a valuation of $500m (£394.1m), after a Series A funding round led by Dynasty Equity and Connect Ventures.
The tech-focused sports company’s other investors included sports stars, team owners, and entrepreneurs. Among them were Buffalo Bills quarterback Josh Allen, New York Yankees legend Derek Jeter, and Atlanta Falcons owner Arthur Blank.
TMRW’s tech-driven golf league, titled TGL, is set to launch next year, and will feature six teams of PGA Tour golfers.
Woods and McIlroy founded TMRW in 2022 along with former Golf Channel executive Mike McCarley.
The fresh funding will see Dynasty Equity CEO Don Cornwell join TMRW’s board of directors.
“As momentum has built for TMRW Sports’ vision to create modern media approaches to sports, we’re humbled by the enthusiasm within the investment community to support our efforts,” said McCarley, who serves as CEO of TMRW Sports.
“We continue to forge partnerships with the best-in-class, which includes Dynasty Equity and Connect Ventures leading this investment round and a diverse spectrum of expertise and strategic perspectives across our full roster of investors.
“The combination of these relationships and resources will help serve as a springboard for further development and expansion, including the continued focus and growth of TGL presented by SoFi and fuelling future projects, including new partnerships with major global sports leagues.”
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