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FITE

company

About

FITE is a direct-to-consumer digital live sports streaming service for sports and entertainment.

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$1.38M
Industries
Digital Media,Media and Entertainment,Music Streaming,Soccer,Sports,Video Streaming
Founded date
May 30, 2012
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Flipps Media, Inc.
Also Known As
Flipps

FITE is a direct-to-consumer digital live streaming service for combat sports. The platform is specializing in broadcasting professional wrestling, mixed martial arts and boxing events. FITE streams a rich array of live pay-per-view events, subscription packages and thousands of hours of live and on-demand free programs to millions of fans around the world.

FITE's mission is to help fans discover and watch premium live events, and help programmers to distribute and monetize them. While FITE's beachhead market is combat sports, the product is designed to serve over time a much wider range of premium live programming.

It was founded in 2016 and is headquartered in Uniondale, New York, United States.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
8
$10.47M €350K
FITE has raised a total of $10.47M €350K in funding over 2 rounds. Their latest funding was raised on Aug 8, 2019 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 8, 2019 Series Unknown 1 Detail
Mar 8, 2019 Series Unknown $1.75M 1 Detail
Dec 7, 2016 Series Unknown $2.53M 2 Detail
Apr 29, 2016 Debt Financing $800K 1 Detail
Apr 7, 2015 Series Unknown $1.38M 2 Earlybird Venture Capital Detail

Investors

Number of Lead Investors
Number of Investors
2
7
FITE is funded by 7 investors. BrightCap Ventures and Earlybird Venture Capital are the most recent investors.
Investor Name Lead Investor Funding Round
BrightCap Ventures Series Unknown
Earlybird Venture Capital Series Unknown
LAUNCHub Ventures Series Unknown
Aslanoba Capital Series Unknown
Draper Associates Series Unknown
Teres Capital Series Unknown
Tim Draper Angel

Employee Profiles

Number of Employee Profiles
14
FITE has 14 current employee profiles, including Board member Lyuben Belov
Board member
Board member
Employee
Executive
Employee

Acquisition

FITE has acquired 1 organizations. Their most recent acquisition was Avid AI on Aug 8, 2018. They acquired Avid AI for 0.

Date Company Name
Industry Acquisition Type Price
Aug 8, 2018 Avid AI
Artificial Intelligence acquisition Detail