An NFT platform, co-founded by professional football player Tom Brady, Autograph, raised $170 million in fresh capital from a Series B funding round led by Silicon Valley investors Andreessen Horowitz and Kleiner Perkins. It had raised $35 million at a pre-money valuation of $700 million in Series A round, according to PitchBook.
Image Source: https://twitter.com/cdixon/status/1483866224542904321?
Based in Los Angeles, Autograph helps entertainers and athletes launch and promote their NFTs. Its CEO, Dillion Rosenblatt, formerly worked at Apple Music and Cameo. Its list of celebrities with NFT deals includes tennis star Noami Osaka, golf champion Tiger Woods, and skateboarding legend Tony Hawk. Fans can purchase the NFTs available on Autograph at designated platforms, such as OpenSea and DraftKings Inc. Brady launched an NFT collection last year won his platform that was sold out within minutes.
According to Blumberg’s report, the NFT wave has drawn massive interest from celebrities, retailers and institutions outside the crypto industry. Silicon Valley venture capital firms have been making bets in the space. Kleiner Perkins partner Ilya Fushman wrote that Autograph would be a “cornerstone platform” bringing web3 to the mainstream in a blog post.
Autograph also received investments from Lightspeed Venture partners Nicole Quinn and Katie Haun’s new firm. Haun, along with Andreessen Horowitz partners Arianna Simpson and Chris Dixon, and Kleiner Perkins partner Fushman will be joining Autograph as a board member.
“The company is becoming a magnet for top talent, and I’m delighted to join the board to help Autograph bring exciting new NFT experiences to the mainstream,” Andreessen Horowitz’s partner Arianna Simpson said in a statement.
Have you explored the NFTs available on Autograph? Let us know in the comment section.
