Bessemer Venture Partners led a Series B investment round in Unrivaled.

Bessemer Venture Partners, a venture capital firm, led a Series B investment round in Unrivaled, a women's three-on-three basketball league in the United States, with participation from Serena Ventures, Warner Bros. Discovery, Trybe Ventures, Trae Young, Darryll J. Pines, Sam Rapoport, Franz Wagner, Moritz Wagner, and Next Legacy Partners. Financial terms were not disclosed. "We're continuing to align with partners who elevate our league and accelerate our strategic growth. With Bessemer Venture Partners leading this round, Unrivaled is in an unprecedented position for a new sports league. Bessemer's world-class leadership, combined with the collective influence of our entire investor group, amplifies our mission and pushes the industry forward. This rise in Unrivaled's valuation reflects investor confidence and proves that athlete-driven models can thrive at the highest levels of business," Alex Bazzell, Unrivaled President.