The National Basketball Association (NBA) is a professional basketball league founded in 1946 and headquartered in New York City. The NBA operates NBA Investments (formerly NBA Equity), a corporate venture arm making strategic equity investments in companies across technology, media, apparel, and fan engagement.
Their most common stage is series-a (80% of deals). Average disclosed round size is $26.4M (across 5 rounds with reported amounts).
Portfolio
5
Fund Size
—
Top Stage
Series A
Last 12 Mo
0
Team
DL
David Lee
Head of NBA Investments, SVP
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
5 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Springbok Analytics | Series A | $5M | Jan 2025 |
 Hyperice | Growth | $48M | Oct 2020 |
 Playback | Series A | $22M | — |
| FFastbreak | Series A | $40M | — |
 Zigazoo | Series A | $17M | — |
Top Co-Investors
NBA2 shared
NFL1 shared
SC Holdings1 shared
Main Street Advisors1 shared
TitletownTech1 shared
Alumni Ventures1 shared
CAV Angels1 shared
Atman Capital1 shared
Seven Seven Six1 shared
Khosla Ventures1 shared
NBA Investments1 shared
GTMfund1 shared
NHL1 shared
Greycroft1 shared
Animoca Brands1 shared
MaC Venture Capital1 shared
Dapper Labs1 shared
Liberty City Ventures1 shared
Last updated: 19 September 2026