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Opendorse logo — Empowering athletes to maximize their endorsement potential...

Opendorse

Empowering athletes to maximize their endorsement potential through innovative technology.

Founded 2012 51-200 employees Venture round Total: $39.64M Enterprise Software, Marketplaces +5

General Information

Company Name Opendorse
Founded Year 2012
Employees 51-200
Industries Enterprise Software, Marketplaces, SaaS +4
Funding Stage Venture round
Social

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About Opendorse

Opendorse is a tech platform tailored for the athlete endorsement industry, empowering over 100,000 athletes to understand, enhance, and monetize their name, image, and likeness (NIL) value. The company utilizes a SaaS-enabled Marketplace model, where sports organizations pay annual subscription fees to manage athlete endorsements through the Opendorse SaaS platform, while sports supporters incur one-time transaction fees to arrange endorsements via the Opendorse Marketplace. As the largest technology provider for athlete endorsements and NIL, Opendorse has established key partnerships with prominent sports organizations including the USOPC, NFLPA, MLBPA, NBPA, NHLPA, PGA TOUR, LPGA, and over 100 NCAA athletic departments. Founded in 2012 in Lincoln, Nebraska by Adi Kunalic, Blake Lawrence, and Timothy Braun, the company recently secured a $20.00M Venture Round investment on 06 December 2022 from investors including Flyover Capital, Advantage Capital Partners, Serra Ventures, Will Compton, and Sean Bratches.

Business keywords: SaaS-enabled Marketplace, Athlete Endorsements, Name, Image, and Likeness (NIL) Industry, Sports Technology, Athlete Empowerment, Sports Marketing, Athlete Management Platform, Sports Industry Tech, Tech for Athletes, Athlete Empowerment Platform

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $20.00M 5
Flyover Capital Advantage Capital Partners Serra Ventures
Flyover Capital, Advantage Capital Partners +3
06 Dec 2022
Series A $10.00M 1
Invest Nebraska
Invest Nebraska
21 Mar 2021
Series A $3.13M 6
Flyover Capital Serra Ventures Nelnet
Flyover Capital, Serra Ventures +4
27 Jun 2019
Seed Round $4.25M 7
Flyover Capital Serra Ventures Invest Nebraska
Flyover Capital, Serra Ventures +5
06 Nov 2017
Pre Seed Round $1.75M 1
Flyover Capital
Flyover Capital
07 Apr 2015
Angel Round Undisclosed 1
Nebraska Angels
Nebraska Angels
01 Jan 2014
Convertible Note $300.00K -
30 Jun 2013
Debt Financing $210.00K -
22 May 2013

Opendorse Alternatives & Competitors

View All Alternatives
Opendorse vs
Athlytic
Athlytic United States

Giving brands unprecedented access and analytics to partner with the top student athletes in the wor...

Seed
6 employees
AI, Marketplaces
Opendorse vs
MOGL
MOGL United States

The leading athlete marketplace and operations software provider powering the NIL era of collegiate...

Seed
24 employees
Advertising, Marketplaces
Opendorse vs
Sportycus
Sportycus

The Ultimate Social App in College Sports

Pre-Seed
3 employees
Social Media, Sports
Also compare with: Opendorse vs MaxOne MaxOne View all alternatives

FAQ About Opendorse

Empowering athletes to maximize their endorsement potential through innovative technology.
Opendorse was founded in 2012.
Opendorse operates in Enterprise Software, Marketplaces, SaaS, Social Media, Sports, Marketing and Publishing. Its work centres on SaaS-enabled Marketplace, Athlete Endorsements, Name, Image, and Likeness (NIL) Industry and Sports Technology.
Opendorse has approximately 51-200 employees.
Opendorse has completed 8 funding rounds, raising a total of $39.64M. The latest funding stage is Venture round.
Top alternatives and competitors to Opendorse include Athlytic, MOGL, Sportycus, SportsMarkit, PeakNIL. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Opendorse and Athlytic are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Opendorse, https://bouncewatch.com/company/opendorse, updated 20 December 2024. When citing, please name BounceWatch and link this page.

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