If you’re a big basketball fan, you’ll know that NBA stars are some of the most influential people on the planet. A brand endorsement from LeBron James will no doubt put your brand on the map. While you’re probably aware of their immense social media followings and power in changing pop culture trends, you may be surprised to know that NBA investors can do wonders for your new start-up firm. Let’s check out some of the success stories.
SnapTravel is an online booking service that is available on platforms like Facebook Messenger and SMS. It’s backed by Golden State Warriors’ icon Steph Curry and has received over $22 million in total funding. Not only that, the start-up is boasting revenue growth of over 35% and more than $100 million in sales.
Backed by NBA giant Carmelo Anthony, MakeSpace is a storage company that picks ups, stores and delivers your goods to your own self-storage unit. No longer will you have to visit your own self-storage unit. With total funding of over $117 million, MakeSpace is quickly becoming one of the most dominant players in the storage sector, boasting insane growth.
Propel is a software company that builds software specifically tailored to low-income US households. Their goal is to improve the financial health of poorer households through ground-breaking technology and software. Kevin Durant is a notable investor of the company and the firm has now received over $18 million in total funding.
So, if you’re in the need of venture capitalists for your start-up, it could be worthwhile considering how you can get in touch with NBA royalty.
Kevin has been contributing to multiple news websites since 2015. He started his blog back in 2016 tackling technology and business tips. His passion towards journalism and sharing relevant information with global readers pushed his to take journalism major at Boston University. He is now a full-time contributor to Kev’s Best.