The Raine Group

Founded in 2009, The Raine Group is a global merchant bank specializing in advising and investing in high growth sectors of technology, media, and telecom. With offices across North America, Europe, and Asia, the firm leverages its deep industry experience and strategic network to create value for portfolio companies and clients.

Naveen Asopa

Managing Director

Michael Branch

Senior Vice President, Portfolio Partnerships

Avidha Chakrabarti

Associate

Fred Davis JD

Partner

James Dolan

Associate

Christopher Donini

Partner

Courtney Favreau

Partner

Brandon Gardner JD

Co-Founder, President and Partner

Garrett Gomes

Managing Director

Garrett Gomes

Managing Director

Brooks Hansen

Managing Director

Erik Hodge

Partner

Elsa Hu

Managing Director

Kevin Linker

Managing Partner, Next-Gen Communications

Yingcun Luo

Managing Director

Mark Mager

Managing Director

Judy McLellan

Managing Director

Gaurav Mehta

Partner and Head of India office

Colin Neville

Partner

Jessica Payne

Managing Director

Jonathan Pflug

Managing Director

Joe Puthenveetil

Partner

Peter Randaccio

Vice President

Joseph Ravitch JD

Co-Founder and Partner

Todd Rosoff

Partner

Ben Ross

Associate

Gordon Rubenstein

Partner

John Salter

Co-Founder and Partner

Jason Schretter

Partner and Head of Europe, Middle East and Africa

Jeffery Sine JD

Co-Founder and Partner

Jeff Sine

Co-Founder / Partner

Quincy Smith

Partner

Jake Vachal

Managing Director

Brett Varsov

Partner and Head of M&A

Sherri Williams

Partner

Past deals in Sports

Midnite

Series B in 2025
Midnite is a platform building the future of esports betting by offering sports betting and casino features that let users bet on football matches and players, compete with others, and win prizes. The platform supports online gaming and esports tournaments and enables participation in online fantasy football leagues, providing a convenient, secure, and hassle-free experience for gamers and multiplayer enthusiasts to engage with the expanding esports ecosystem.

Castore

Private Equity Round in 2023
Castore is a premium sportswear brand exclusively designed for men, focusing on delivering high-performance apparel tailored for discerning athletes. The company emphasizes technical innovation and meticulous attention to detail in its products, ensuring that each garment meets the demands of serious competitors. By utilizing Italian fabrics and advanced manufacturing techniques, Castore aims to enhance athletic performance under various conditions. The brand is committed to providing quality sportswear that caters to individuals who seek excellence and cannot compromise on performance.

AC Momento

Seed Round in 2023
AC Momento is football's premier online auction house, bringing fans game-worn jerseys and memorabilia.

East Asian Super League

Series C in 2022
The East Asian Super League (EASL) aims to establish a premier basketball league in Asia, serving as the first professional intra-club basketball competition in the region. It focuses on organizing annual tournaments that feature the top basketball clubs from East Asia and the Philippines. By promoting engaging league formats and content platforms, EASL seeks to elevate the sport and create value for stakeholders, including players, teams, and fans. Through its initiatives, EASL aspires to enhance the profile of basketball in Asia and foster regional cooperation among clubs.

Xpoint

Seed Round in 2022
Xpoint provides geolocation security and geo-compliance solutions for the sports betting and online gaming industries worldwide, with a focus on regulatory adherence in the US iGaming market. Its technology detects and mitigates fraud, false data, spoofing, and device tampering, helping operators verify player location and protect against prohibited tools. In addition to fraud mitigation, the platform generates data that can support marketing efforts, enabling partners to navigate evolving compliance requirements and maintain trust in global iGaming operations.

Fliff

Venture Round in 2022
Fliff is a social sports betting platform that allows users to engage in play-for-fun sports prediction games. It focuses on creating an interactive experience for sports fans by offering promotional games and loyalty rewards. The platform enables users to participate in risk-free virtual sports betting, enhancing the enjoyment of sports engagement while minimizing financial risk. By combining elements of social interaction and competitive gaming, Fliff aims to make sports betting more accessible and entertaining for a broader audience.

Reigning Champs

Series A in 2022
Reigning Champs is a digital network based in Santa Monica, California, that facilitates the transition of high school athletes to college. Founded in 2014, the platform connects student-athletes, parents, coaches, and colleges through data-driven software solutions. It helps coaches and colleges optimize the enrollment and retention of student-athletes by maintaining an ongoing relationship with them and their families. The platform covers essential aspects of the college recruitment process, enabling student-athletes to find suitable colleges, identify available roster spots, enhance their visibility to college coaches, and secure scholarships.

Midnite

Series A in 2022
Midnite is a platform building the future of esports betting by offering sports betting and casino features that let users bet on football matches and players, compete with others, and win prizes. The platform supports online gaming and esports tournaments and enables participation in online fantasy football leagues, providing a convenient, secure, and hassle-free experience for gamers and multiplayer enthusiasts to engage with the expanding esports ecosystem.

RCX sports

Venture Round in 2022
RCX Sports is a youth sports business that partners with premier sports brands and professional leagues.

TelevisaUnivision

Series C in 2021
TelevisaUnivision is a multimedia company focused on serving the Hispanic and Latino American communities. The company operates in two main segments: Media Networks and Radio. Its Media Networks segment includes approximately 10 digital and mobile properties, two broadcast television networks, and TUDN, a multi-platform sports media brand. Additionally, TelevisaUnivision manages 10 cable networks, including Galavisión, a prominent Spanish-language entertainment channel. By offering a wide range of news, sports, and entertainment content across various platforms, including broadcast, cable, audio, digital, and streaming, the company aims to inform, entertain, and empower its audience with diverse Spanish-language programming throughout the United States.

Premier Lacrosse League

Series A in 2019
The Premier Lacrosse League is a professional lacrosse organization that operates a tour-based league featuring top-tier teams and players. It aims to bring lacrosse to a national stage, providing fans with an entertaining sports experience.

Second Spectrum

Series A in 2015
Second Spectrum, Inc. is a technology company based in Los Angeles, California, founded in 2013. It specializes in developing advanced gaming machine learning software aimed at transforming the sports industry through artificial intelligence. The company's innovative solutions incorporate computer vision, big data, and augmented and virtual reality technologies. By offering interactive applications and platforms, Second Spectrum enhances fan engagement and provides media companies with tools to facilitate deeper connections between audiences and athletes. This focus on personalization and immersion allows for a more dynamic experience in sports consumption.

DraftKings

Series D in 2015
DraftKings is a digital sports entertainment company offering daily fantasy sports contests, online sports betting, and iGaming opportunities. It operates in the United States and Canada, with a presence in 28 states for sports betting and five states for iGaming.

DraftKings

Series C in 2014
DraftKings is a digital sports entertainment company offering daily fantasy sports contests, online sports betting, and iGaming opportunities. It operates in the United States and Canada, with a presence in 28 states for sports betting and five states for iGaming.

beRecruited

Acquisition in 2013
beRecruited, Inc. offers an online recruiting platform that connects high school student-athletes with college coaches across the United States. Founded in 2000 in San Francisco, the service allows athletes to create profiles that showcase their academic and athletic achievements, enabling them to research universities and communicate directly with coaches. Initially focused on NCAA swimming and diving, beRecruited has expanded its services to include 18 different sports, catering to a wide range of student-athletes. With over 2 million registered users, beRecruited facilitates millions of connections between athletes and coaches each month. While basic accounts are free, premium options are available for a nominal fee, providing athletes with additional exposure. The company, previously known as Official College Athletics Recruiting Network, Inc., rebranded to beRecruited in 2007, reflecting its mission to streamline the recruiting process for both athletes and coaches.
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