Diligence memo · auto-generated · as of July 2, 2026

Underdog Sports Holdings, Inc.

Underdog Sports Holdings, Inc. has raised $51M over 1 round; too few niche peers to rank its valuation yet.

Diligence furtherNo decisive signal either way from the public record alone — the call needs primary diligence beyond the filings.

Businessfiled

Underdog Sports Holdings, Inc. operates in Sports & Fitness, based in Brooklyn.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Underdog Sports Holdings, Inc. has raised $51M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).

Largest single filing: $51M on 2025-01-28.

Most recent recorded round closed around 2025-01-28.

Valuation (modeled)modeled

Provath models Underdog Sports Holdings, Inc. at approximately $351M (range $197M–$493M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Too few comparable companies in this niche to rank the valuation fairly yet.

Financing rhythm & timingmixed

Last raise 17 mo ago; this sector typically re-raises about every 14 months.

Raising on or ahead of the sector's normal rhythm.

Comparablesmixed

Capital scale ranks ahead of 95% of Sports & Fitness peers (214 compared).

Modeled value ranks above 96% of those peers.

Closest niche peers: Recovery Sports, LLC.

Peoplefiled

3 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.