Investment group to help fuel Next League’s growth as the leading technology services provider to the global sports industry.
NEW YORK, NY - September 20, 2022 - Next League, led by a team of digital technology experts with decades of success in the sports and sports media industries, announced it has completed a growth funding round led by TLI Bedrock.
TLI Bedrock is led by Andrew Siegel who has experience working within the media and technology industries. He has extensive experience working in the sports space, having served as President of American City Business Journals, the company that launched and operates Sports Business Daily and the Sports Business Journal. While there, he oversaw the acquisition of Leaders, one of the world’s largest international sports business-to-business and networking companies.
Next League is focused on being the leading technology services provider in sports, providing thought leadership, product design, software and systems development and integration, and the maintenance and management of existing products and platforms to global sports organizations. Part of the company’s mission includes partnering with sports properties in making investments that have lasting social impact.
“The Next League leadership team is among the most experienced and connected in the sports industry and we strongly believe in their strategy and commitment to creating value for their partners and clients,” said Siegel. “Sports is undergoing an exciting and profound change as the boundaries with entertainment and technology blur and ultimately disappear, and the industry needs a trusted partner and guide for that evolution. Next League will have a critical role working with some of the largest sports organizations in the world as technology continues to become a more and more important part of the way those businesses grow.”
Launched in December of 2021, Next League was founded through investments from underdog venture team and Numatic Ventures and has also received investment from KOM Capital as well as several private investors.
“We are thrilled to welcome Andrew and TLI Bedrock to the Next League family,” said Next League’s Co-Founder and CEO David Nugent. “It did not take us long to see how much their involvement would help us develop the strategy we need to become the true leaders in our space. We’re appreciative of their confidence in what we are doing and are excited about building something special together.”
About Next League
Founded by a team of digital technology experts with decades of success in the sports, media and entertainment industries, Next League is driven to become the recognized leader in technology services for the sports, media, health & wellness industries.
The company is introducing a massive shift to the traditional agency and technology services company model. We are driven by the combination of growth and innovation, and in making investments with lasting social impact.
About TLI Bedrock
TLI Bedrock is a multi-strategy fund that invests across sectors and industries. It seeks high returns by backing innovative projects, responsible companies that think broadly about customer, employee, and community needs, and sustainable approaches to commerce. It is based in New York.