Sports apparel, collectibles, trading cards and sports betting platform
Ecommerce📍 Jacksonville, FLFounded 2011
Current Valuation
$31B
as of 2024-Q4
DECACORN
IPO Outlookrumored
Is Fanatics going public in 2027?
An IPO is rumored for 2027, with nothing filed. Fanatics remains private and the date is not the company's.
What is Fanatics' valuation in 2026?
Fanatics is valued at $31B as of 2024-Q4, set by its Secondary tender ($700M, Dec 2022). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Fanatics filed an S-1?
No public S-1 is on file for Fanatics as of 08/23/2026; the IPO is rumored.
Who are Fanatics' investors?
Fanatics' investors include SoftBank, Silver Lake, Clearlake Capital, MSD Partners, Fidelity.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Fanatics is Michael Rubin's licensed sports merchandise empire spanning three units: Commerce (apparel), Collectibles (Topps trading cards) and Betting & Gaming (sportsbook). Founded in 2011, the company hit $8.1B revenue in 2024 (+15% YoY) and was last valued at $31B in a December 2022 round led by Clearlake Capital.
Company Profile
CEO
Michael Rubin
Founded
2011
HQ
Jacksonville, FL
Employees
20000+
Total Raised
$4.0B
Est. Revenue
$9.6B (2025)
Growth
~19% YoY (2024 revenue +15% to $8.1B, 2025 estimated ~$9.6B)
Last Round
Secondary tender — $700M (Dec 2022) · Lead: Clearlake Capital
Exchange calendar terms from licensed market-data feeds. Expected dates marked est. are news-derived, not exchange-confirmed. Educational only, not a listing prediction.
Fundraising Status
Secondary tender · $700M · 3y 8mo ago
rumoredTotal raised $4.0B
Secondary Market
Implied price / share
$41.6
Last round price / share
$76.17
vs last round
-45.4%
Last round price vs secondary price
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Secondary tender
$700M
Dec 2022
Clearlake Capital
—
Talent Signal
Hiring trend
● First snapshot
trend accrues with monthly sweeps
Open roles
7
via careers page
Product-build share
0%
engineering, research, product, design
Trajectory
steady
go-to-market push — Only 0% of open roles build product — hiring is concentrated in sales/marketing/ops (4 of 7 open roles are marketing).
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
Skip to ContentBrand ProtectionPhilanthropy & Community EngagementCulture & TalentTAlent & Culture[Brand Protection](https://www.fanaticsinc.com/brand-protection) →
Counted from Fanatics's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Michael Rubin
Investors
SoftBank · Silver Lake · Clearlake Capital · MSD Partners · Fidelity
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2024-Q4. Refreshed quarterly.