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Overtime (company)

Overtime (company)

Overtime is an online sports streaming platform that is headquartered in Brooklyn, New York.

OverviewStructured DataIssuesContributors

Contents

overtime.tv
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Technology
Technology
Journalism
Journalism
0
Entertainment
Entertainment
Consumer Software
Consumer Software
Streaming media
Streaming media
0
Software
Software
0
Location
Brooklyn
Brooklyn
0
B2X
B2B2C
B2B2C
0
Founder
Dan Porter (entrepreneur)
Dan Porter (entrepreneur)
0
Zack Weiner
Zack Weiner
0
AngelList URL
angel.co/overtime
Pitchbook URL
pitchbook.com/profiles...170194-51
Legal Name
Overtime Sports, Inc.0
Accelerator
Techstars
Techstars
Accelerator Batch
‌
Techstars Class 8 - NYC 2011 Winter
Full Address
20 JAY STREET, SUITE 600 BROOKLYN, NY 112010
CIK Number
1,696,595
Investors
Correlation Ventures
Correlation Ventures
645 Ventures
645 Ventures
Afore Capital
Afore Capital
Chaac Ventures
Chaac Ventures
Liberty Media
Liberty Media
Bezos Expeditions
Bezos Expeditions
Blackstone Group
Blackstone Group
Sapphire Sport
Sapphire Sport
...
Founded Date
2016
0
Total Funding Amount (USD)
215,000,000
Latest Funding Round Date
August 9, 2022
Competitors
Minute Media
Minute Media
0
FloSports
FloSports
0
Bleacher Report
Bleacher Report
0
Barstool Sports
Barstool Sports
0
The Athletic
The Athletic
0
FanSided (acquired by Time Inc.)
FanSided (acquired by Time Inc.)
0
Vox Media
Vox Media
0
SB Nation
SB Nation
0
Business Model
Advertising0
Commerce0
Licensing0
Latest Funding Type
Series D
Series D
Patents Assigned (Count)
4
Wellfound ID
overtime

Other attributes

Company Operating Status
Active0
Latest Funding Round Amount (USD)
100,000,000
TikTok URL
tiktok.com/@overtime
Twitch Channel ID
https://www.twitch.tv/overtime
Overview

Overtime is a software company offering an online sports streaming service and has its own content production office and content production team in Los Angeles, California. The company is headquartered in Brooklyn, New York, and was founded by Dan Porter and Zachary Weiner in 2016. Prior to founding Overtime, Dan Porter was the head of digital for William Morris Endeavor, and Zack Weiner was a former chess champion.

The company has received funding and backing by Liberty Media Corporation, Andreessen Horowitz, Blackstone, Counterpoint Global, Sapphire Sport, Winslow Capital, Bezos Expeditions, Spark Capital, Micromanagement Ventures, Black Capital, Alexis Ohanian, Drake, Quavo, Carmelo Anthony, Kevin Durant, and Trae Young. Overtime also notes that around 6 percent of active NBA players have invested in Overtime.

Platform

The company has developed a consumer-focused mobile application that allows users to film highlights and add slow motion to capture moments in sporting events and includes forums where users can debate about players and teams in their favorite sports, ranging from high school to professional sports. The company also creates sports content that can be published on various platforms and downloaded to edit and share on other platforms.

When founded, the company worked to expand its platform to high school basketball and football leagues, with an idea to capture an even larger audience of teens and twenty-somethings. Overtime drafted fans to go to these games and collect highlight footage, which it circulated on social media to followers, allowing users to see highlights without having to sit through a television broadcast.

Overtime Elite, OT7, OTX

In 2021, Overtime expanded upon this model to run its own Atlanta-based sports leagues, called Overtime Elite, which paid top US football and basketball prospects around $100,000 a year and allowed them to leverage the league for endorsement deals. In 2022, Overtime expanded on the concept of Overtime Elite with OT7, a low-contact, seven-on-seven American football league, which held its first season in Las Vegas, Nevada, and featured eighteen seven-on-seven teams. Also in 2023, Overtime launched Overtime Boxing (OTX) to debut in August 2023 as a four-event fight series, including multiyear sponsorship deals with Nutrabolt and their C4 Energy drink.

Overtime uses a variety of avenues to generate revenue, including the league sponsorships (such as those with State Farm, Gatorade, and Meta), social media advertising, and a licensing deal with trading card company Topps.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Overtime gets $9.5M to build a new style of sports network that young people will actually watch

Matthew Lynley

https://techcrunch.com/2018/02/14/overtime-gets-9-5m-to-build-a-new-style-of-sports-network-that-young-people-will-actually-watch/

Web

February 14, 2018

References

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