League One Volleyball Raises $35 Million To Serve Growing Fanbase

September 27, 2023

Volleyball in America is having a moment, and League One Volleyball (LOVB) is hoping to maintain that momentum with its soon-to-debut new pro league.

The Los Angeles-based venture, founded in 2020, recently raised $35 million in Series B funding. The round was led by Left Lane Capital, with support from Ares Management as well as individuals including Olympic skiing gold medalist Lindsey Vonn, four-time NBA All-Star Jayson Tatum, Fenway Sports Group partner Linda Henry, comedian Amy Schumer and two-time WNBA MVP Candace Parker. Kevin Durant’s Boardroom Sports Holdings, an existing investor, contributed new funding, too.

League One co-founder and CEO Katlyn Gao said that more than 50% of the round’s investors were women. Sportico