12.3 C
New York

NFL’s Kayvon Thibodeaux Named Venture Partner In $20M Sports Tech Fund

Published:


New York Giants defensive end Kayvon Thibodeaux has been named a venture partner in The Collectiv, a new $20 million venture capital fund focused on early-stage sports tech companies and emerging leagues. 

Strategic Investment for Life After Football

Thibodeaux’s partnership with The Collectiv reflects his broader ambition to establish a strong business presence while still actively competing in the NFL, as first reported by Spotico.

The fund, which aims to raise $20 million over the next six months, includes a consortium of athletes, sports executives, and industry leaders from major organizations like the NBA, NFL, and top tech companies. 

“Our mission to democratize investing in sportstech startups, professional sports franchises, and leagues is gaining momentum,” The Collectiv wrote on LinkedIn.

“We couldn’t be more excited about the future impact we plan to make in the industry while educating our sports community.”

Thibodeaux’s involvement goes beyond financial support—he will provide strategic advice and insights, using his experience and network to influence the fund’s direction.

Expanding Business Ventures in New York City

Playing in New York City has offered Thibodeaux a unique platform to expand his entrepreneurial ventures. 

Already invested in sectors like real estate, hospitality, and restaurants, Thibodeaux sees this partnership as an opportunity to deepen his understanding of the venture capital ecosystem, particularly in the sports tech space.

He plans to draw on the experience of former Giants stars like Justin Tuck and Osi Umenyiora, who have successfully transitioned into business. 

“I’m trying to be part of a culture that allows me to receive information and makes it OK for me to lean on those who came before me,” Thibodeaux said according to Sportico.


Feature Image Credit: New York Daily News


#blacktech #entrepreneur #tech #afrotech #womenintech #supportblackbusiness #blackexcellence #technology #blackbusiness #blacktechmatters #blackowned #blackgirlmagic #blackpreneur #startup #innovation #hbcu #techtrap #blackownedbusiness #pitchblack #autographedmemories #blacksintech #shopblack #wocintech #nba #blackwomen #repost #hbcubuzz #blackwomenintech #startupbusiness #nails

Source link

Coffistop Media
Coffistop Mediahttps://coffistop.com
Consolidated platform for African American bloggers, YouTubers, writers, foodies, travelers, athletes and much more. One platform endless flavor.

Related articles

Recent articles