SportPursuit Scores £9.5M in Series C funding

What does SportPursuit do?

SportPursuit, is a UK based sport specific flash sales website where members get exclusive access to salesfrom brand partners. It is United Kingdom’s 1^st sport specific flash sales website featuring top quality sports services and products from the best brands in the World. During its 7 days flash sales, members receive exclusive access to sales at up to 70% off RRP in a content rich, fun and personalized environment. The company works closely with its brand partners for enhancing their brand image via push marketing to our large targeted member base of sports enthusiasts, encouraging trial and brand engagement.

How much SportPursuit was funded?

SportPursuit raised £9.5M in Series C from November 22, 2015 Grafton Capital, Draper Esprit and Scottish Equity Partners (SEP).

Previous funding

• $1.2M in an undisclosed round on March 19, 2012 from Draper Fisher Jurvetson (DFJ)
• $2.3M in undisclosed round on May 8, 2012 from Alex Chesterman, William Reeve, Peter Draper andDraper Esprit
• £2.2M in undisclosed round on October 23, 2013 from Draper Fisher Jurvetson (DFJ)
• £5M in Series B on February 9, 2014 from Alex Saint, William Reeve, Alex Chesterman, Draper Esprit and Silicon Valley Bank.

What is next for SportPursuit?

The company has raised a total of £16 million since its launch in 2012. The company plans to use the funding for its international expansion.

More about SportPursuit

SportPursuit was founded on August 1, 2011 by Victoria Walton, Rhys Jones and Adam Pikett. It has its headquarters in London. It is the leading sport flash sales site which sells best sports and outdoor brands at up to 70% off RRP. The company ships to more than 40 countries currently and has added local versions for Denmark, France and Germany. It boasts of over 2 M members who have signed up to its site.