John Legend is only one of a number of celebrities becoming a member of a $2 million funding spherical for sports-focused media website, Fantasy Life.
Fantasy Life Founder & NBC Sports activities analyst Matthew Berry says the funding can be used to increase the corporate’s checklist of merchandise, its employees rely, and spend money on paid advertising and marketing campaigns. Traders for this funding spherical included John Legend, Cincinnati Bengals quarterback Joe Burrow, Buffalo Payments quarterback Josh Allen, Bengals extensive receiver Ja’Marr Chase, Los Angeles Chargers operating again Austin Ekeler, LeBron James’ funding agency LRMR and Maverick Carter.
YouTube Co-Founder Chard Hurley and Wasserman CEO Casey Wasserman additionally contributed to funding and can serve on the Fantasy Life board of administrators alongside Carter and others.
Fantasy Life began started its nascent journey as a day by day e-mail e-newsletter about fantasy soccer. It has grown right into a media website that gives rankings, waiver wire, begin sit, merchants, instruments, and extra for followers of fantasy soccer and extra. It additionally features a weekday present that airs on SiriusXM Fantasy Sports activities Radio.
Legend himself is not any stranger to investing in firms past his wheelhouse. He’s the Co-Founding father of Bungalow Clothes and has participated as a seed investor in firms like Walker & Firm, Trhive Market, and Gobbler. His newest investments this 12 months embody in Tally Well being, a biotechnology firm aimed toward bettering well being and longevity and Bezel, a market aimed toward shopping for and promoting watches.
John Legend additionally invested in JusticeText in September 2022. That firm goals to assist public defenders higher analyze the proof obtainable to them and supply protection of these they’re serving to. The service mechanically transcribes felony proof information, making it searchable by key phrases, weapons, medicine, crimes, and offers attorneys a solution to create movies to make use of in hearings and trials. The corporate is working with 50 public defender workplaces across the nation and it has round 60 purchasers who’re personal felony protection attorneys.