Ted Leonsis, the business mogul that owns and operates Monumental Sports & Entertainment (MSE), quietly announced his intentions for a $10 million venture capital fund for the purposes of investing in sports and entertainment tech startups.
MSE owns three Washington D.C. sports teams—the Mystics of the WNBA, the Capitals of NHL and the Wizards of the NBA. But, Leonsis has his hands in a number of different ventures, both sports related and non-sports related.
Get The Latest Sports Tech News In Your Inbox!
He is the cofounder of another venture capital fund—Revolution Growth Fund II, which heavily invested in Sportradar, a sports data platform, among myriad other companies.