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- DAZN
DAZN Funding, Investors & Competitors
DAZN has raised $5.1B across 2 funding rounds, most recently a $827M undisclosed-stage round in January 2025.
Last DAZN funding round
$827M
Undisclosed stage · Jan 2025
Cumulative funding DAZN raised
$5.1B
across 2 funding rounds
Key investors in DAZN
Access Industries
Len Blavatnik
About DAZN
DAZN is a London-headquartered over-the-top sports streaming service launched in 2015 that delivers live and on-demand coverage of football leagues such as LaLiga in Spain, Bundesliga in Germany and Austria, and Premier League matches in Canada and Japan. The platform holds international rights to NFL Game Pass outside the United States, along with boxing events from Matchroom Boxing and Golden Boy Promotions, and MMA bouts from Bellator and Professional Fighters League. Available across more than 200 territories, DAZN streams content via web browsers, smart TVs, smartphones, tablets, and gaming consoles through monthly subscription plans.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Subscription
DAZN Funding History
DAZN has raised a total of $5.1B across 2 funding rounds.
DAZN's first fundraising round was a $4.3B undisclosed-stage round in February 2022. The most recent completed round was a $827M undisclosed-stage round in January 2025.
DAZN funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jan 2025 | Undisclosed stage | Len Blavatnik (lead) | $827M | DAZN is a global sports streaming platform founded in 2016 that operates in over 200 markets and broadcasts top-tier European soccer, boxing, basketball, motor sports, and the NFL. In January 2025, owner Len Blavatnik invested an additional $827 million into the company, bringing his total investment to more than $6.7 billion since its founding. The latest injection signals Blavatnik's continued backing as DAZN pursues profitability amid expansion initiatives. For FY2023, DAZN reported revenue of $2.9 billion (up 30% from $2.2 billion in 2022) alongside an operating loss of $830 million; by year-end 2023, the company had approximately 300 million monthly customers but only about 20 million paying subscribers. CEO Shay Segev stated that DAZN is profitable in most of its top-ten markets and projected revenues to surpass $6 billion in 2025, supported by the $2.2 billion acquisition of Australian pay-TV operator Foxtel and a $1 billion FIFA deal for rights to the 2025 Club World Cup. |
| Feb 2022 | Undisclosed stage | Access Industries (lead) | $4.3B | DAZN Group, a global sports streaming platform, announced a recapitalization on February 18, 2022, where principal shareholder Access Industries subscribed for $4.3 billion of new shares in DAZN Group Limited, converting existing preference shares and retiring shareholder loans, leaving the group debt-free at end-2021. Access Industries additionally invested $250 million in new shares post-recapitalization. The investment followed DAZN's strong commercial momentum, including new rights deals like LaLiga in Spain and Serie A in Italy. This backing provided a foundation for DAZN's strategy as the leading sports streaming broadcaster, with expansions into betting, gaming, e-commerce, NFTs, and enhanced viewing tech. Investors expressed confidence in DAZN's growth, diversification, and global fan engagement. |
Who has invested in DAZN?
2 investors have backed DAZN across its funding rounds, including Access Industries and Len Blavatnik.
Lead investors include Len Blavatnik and Access Industries.
DAZN Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by DAZN
DAZN has acquired 4 companies to date.
Last acquisition by DAZN was on August 26th 2026. DAZN acquired EverPass Media for undisclosed valuation.
Latest Acquisitions by DAZN
| Description | EverPass Media is a Chicago-based distributor of commercial sports streaming rights in the United States. The company licenses NFL Sunday Ticket packages to bars, restaurants, hotels, and sports venues, enabling high-definition broadcasts of out-of-market games. EverPass Media also provides NCAA Football, NHL, and MLB content through its Venue Pass platform. With integrations for point-of-sale systems and digital menu boards, it supports over 10,000 licensed establishments nationwide. | FOXTEL is a Sydney-headquartered pay television and streaming provider in Australia. It broadcasts over 200 channels covering movies, sports, news, documentaries, and lifestyle content via satellite, cable, and apps like Foxtel Now, Kayo Sports for live AFL, NRL, and cricket, and Binge for on-demand series. Owned by News Corp Australia and Telstra, FOXTEL serves more than 3 million subscribers. | Eleven Sports is a London-headquartered media network distributing live sports and entertainment content across linear TV, digital streaming, and social platforms. The company broadcasts major events alongside local competitions and original programming from Team Whistle. Eleven Sports reaches audiences in Europe and Asia, delivering football, cycling, and combat sports through partnerships with UEFA and other leagues. | TEXEL is a Tel Aviv-based video technology company offering Engagement Cloud, a platform for interactive streaming experiences in entertainment, sports, and video-on-demand. The solution enables multi-feed viewing, social features, and personalization across devices for major streaming services. |
| HQ Country | ||||
| HQ City | Greenwich, CT | Sydney | London | Herzliya |
| Deal Date | 26 Aug 2026 | 22 Dec 2024 | 27 Sep 2022 | 11 Nov 2021 |
| Valuation | undisclosed | $2.1B | undisclosed | undisclosed |
| EV/Revenue | ||||
| EV/EBITDA | ||||
This data is available for Pro users. Sign up to see all DAZN acquisitions and their M&A valuation multiples. Start Free Trial | ||||
Investments by DAZN
DAZN has invested in 1 company to date.
Latest investment by DAZN was on April 1st 2021. DAZN invested in Meadowlark Media in their $13M Series A round.
Latest Investments by DAZN
| Description | - |
| HQ Country | |
| HQ City | - |
| Deal Date | 1 Apr 2021 |
| Round | Series A |
| Raised | $13M |
| Investors | DraftKings; Ares Capital; Wasserman; Michael Lynton; EMJ Ventures; Carmen Busquets; Verance Capital |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all DAZN investments and their VC round multiples. Start Free Trial | |
DAZN Competitors
DAZN competitors include listed companies like Comcast and FuboTV, and private ones like Le Sports, OneFootball, Barça Vision and Suning Sports.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $3.1B | - | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $468M | - | ||
| Private | - | - | $2.6B | - | ||
| Publicly listed | $124B | $46B | $81B | 1.4x | ||
| Publicly listed | $1.6B | ($122M) | $1.1B | 0.5x |
DAZN Public Comps
DAZN is still privately-owned, but its public comps include Alphabet, Amazon, Netflix, Disney, Spotify, Comcast, NetEase, Warner Bros. Discovery, Baidu and EchoStar.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $403B | $176B | 10.2x | 8.7x | 23.3x | 19.0x | |||
| $717B | $161B | 3.9x | 3.5x | 17.5x | 13.8x | |||
| $45B | $30B | 7.1x | 6.4x | 10.6x | 19.8x | |||
| $94B | $19B | 2.4x | 2.3x | 12.3x | 10.3x | |||
| $20B | $2.4B | 5.0x | 4.5x | 40.5x | 29.9x | |||
| $124B | $46B | 1.3x | 1.4x | 3.5x | 4.8x | |||
| $17B | $5.8B | 3.1x | 3.0x | 8.9x | 7.7x | |||
| $37B | $21B | 2.7x | 2.8x | 4.8x | 12.0x | |||
This data is available for Pro users. Sign up to see all DAZN competitors and their valuation data. Start Free Trial | ||||||||
Common questions about DAZN
| When was DAZN founded? | DAZN was founded in 2015. |
| Where is DAZN headquartered? | DAZN is headquartered in London, United Kingdom. |
| Is DAZN publicly listed? | No, DAZN is a private, VC-backed company. |
| How much funding has DAZN raised? | DAZN has raised $5.1B across 2 funding rounds. |
| What was DAZN's last funding round? | DAZN's last funding round was a $827M undisclosed-stage round in January 2025, led by Len Blavatnik. |
| Who are DAZN's investors? | DAZN's investors include Len Blavatnik and Access Industries. |
| Which companies are comparable to DAZN? | Companies comparable to DAZN include Le Sports, OneFootball, Barça Vision, Suning Sports, Comcast and FuboTV. |
| How many companies has DAZN acquired? | DAZN has acquired 4 companies, including EverPass Media, FOXTEL, Eleven Sports and TEXEL. |
| What was the largest acquisition by DAZN? | The $2.1B acquisition of FOXTEL in December 2024 is the largest acquisition DAZN has made to date. |
| How many companies has DAZN invested in? | DAZN has invested in 1 company, including Meadowlark Media. |
| What was DAZN's last investment? | In April 2021, DAZN invested in Meadowlark Media's $13M Series A alongside DraftKings, Ares Capital, Wasserman and 4 other investors. |
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