Flick nabs $5m Series A

Flick, a live group chat platform for sports influencers and their fans, has closed $5 million in Series A financing. AlleyCorp led the round with participation from other investors that included Bullpen Capital, Everblue Management, Amity Ventures and Courtside VC.

PRESS RELEASE

NEW YORK, NY (October 20, 2020) – Flick, a live group chat platform for sports influencers and their fans, announced today the completion of a $5M Series A financing to fuel the company’s growth plans. The round was led by AlleyCorp, with participation from previous investors, Bullpen Capital, Everblue Management, Amity Ventures, Courtside VC and several angel investors. This latest round brings the company’s total funding to $9M.

The company was founded in 2018 by the co-founders of fantasy sports betting platform FanDuel, Nigel Eccles and Rob Jones. Flick’s chat platform allows sports influencers to authentically engage with their fans during live games. The app gives sports influencers a place to grow and foster a loyal and engaged fan-base within their own branded space.

“Flick is the future of sports entertainment,” said Nigel Eccles, co-founder & CEO of Flick. “Flick creates a virtual sports bar experience, bringing fans together to hang out for live games, letting them chat, cheer and compete with each other. It creates the sense of community and excitement that we’re all missing at the moment.”

The funding comes at a time of rapid growth for the company. “The pandemic has caused a disconnect and people are seeking ways to be part of a community – specifically in the sports world where fans are no longer able to banter with their friends and other fans in person or attend live games,” said Rob Jones, co-founder & CPO at Flick. “Since May, we’ve seen a significant uptick in our user base growing 45% month on month and engagement growing 10x in the same period. Many of our influencer-hosted chat groups, like AFTB and TalkFCB, host over 5,000 sports fans every day.”

In addition to the raise, Kevin Ryan, serial entrepreneur and founder & CEO at AlleyCorp, will join Flick’s board of directors. Alongside AlleyCorp, Ryan co-founded MongoDB, Business Insider, Gilt Groupe, Zola, and Nomad Health.

“It is rare in venture to find people like Nigel and Rob who are such proven entrepreneurs with deep experience and expertise in the market they are addressing,” said Kevin Ryan, founder & CEO at AlleyCorp. “We are excited to join them as they build out the company.”

Eccles added: “With the new round of funding, the company plans to expand its team, integrate with sports betting, and build out the platform across multiple sports and geographies. In the last two years, sports betting has exploded in the U.S. However, unlike off-line betting, online sports remains quite a solitary and transactional experience. Betting on a sports betting app is about as much fun as paying a bill with your banking app. With our expansion into sports betting we plan to change that.”

Flick is built natively for both iOS and Android users and is used in over 180 countries in particular the United States, United Kingdom, India and Australia. For more information, please visit https://www.flickapp.com.

About Flick
Created by the co-founders of fantasy sports platform FanDuel, Nigel Eccles and Rob Jones, Flick is a live group chat app for sports influencers and their fans. The app allows a place for sports influencers to grow and foster a loyal and engaged fan-base around live sports content. Fans can interact directly with their favorite sports influencers, get breaking news, live score alerts, test their pre-game predictions, meet other die-hard fans, and get involved in quizzes, polls & pre-game hype/post-game analysis, trade talk, and exclusive giveaways. The app features live games across the U.S. and European leagues including: soccer (Premier League, La Liga, Serie A, Bundesliga, Greek Super League), NBA, MLB, and the NFL. For more information, visit https://www.flickapp.com.

About AlleyCorp Founded by long-time entrepreneur, Kevin Ryan, and based in New York City, AlleyCorp continuously founds, builds, and invests in companies. On the incubation side, AlleyCorp originates the idea, hires the team, funds the initial 6-12 months, launches the company, and maintains integral leadership throughout the company’s lifecycle. Since AlleyCorp’s inception, these incubated companies have raised over $800M in funding with an aggregate value over $10B. AlleyCorp also invests in early-stage companies, often as the first investors. With a deep empathy for the founder’s journey, as founders of companies through its incubations, AlleyCorp is dedicated to investing in and partnering with incredible entrepreneurs in New York. For more information, visit https://alleycorp.com.