Skip to main content
Forever Network banner
Forever Network logo

Forever Network

Sports Media for the Social Generation

Backed by

Astralis CapitalAstralis Capital
Yolo InvestmentsYolo Investments
Folklore VenturesFolklore Ventures
Three Kings CapitalThree Kings Capital

Raised 6M SERIES_A on March 25, 2024

About

Forever Network is a social-first sports media platform anchored by Basketball Forever, covering breaking news, commentary and culture across social channels, expanding into U.S. markets and additional sports verticals.

Mission

Forever Network operates a social-first sports media platform covering breaking news, commentary, rumours and culture, anchored by its Basketball Forever brand. The company reports 8 million cross-platform subscribers and followers and monthly engagement of about 110 million unique users across 65 countries. Basketball Forever accounted for around 11% of every social action taken in Australia last year, and partnerships with brands such as Nike, Adidas and Under Armour drive revenue. Forever Network says it has grown roughly 28% annually over the past nine years. The company plans to use new capital to expand into the U.S. in the second half of 2024, launch new sports media verticals, and expand its roster of free and monetised games. It is also exploring sports betting in the U.S. and expansion into baseball, ice hockey and NFL verticals.

Quick Facts

Founded

2015

Funding

SERIES_A

Industry

Advertising, Digital Media, Mobile, Publishing, Social, Sports, Video

Team Size

11-50

Headquarters

Sydney, New South Wales, Australia