Latham & Watkins Advises on Oversubscribed Series B Investment Round for Unrivaled

Unrivaled presented by Samsung Galaxy has announced the closure of its oversubscribed Series B investment round led by Bessemer Venture Partners. Notable investors joining this round include Serena Ventures, with Warner Bros. Discovery and Alex Morgan's Trybe Ventures building on their previous investments in the league. With this latest infusion of capital, Unrivaled is now valued at US$340 million, marking a historic figure for a young league and reflecting the bold vision, strong performance, and increasing market momentum that defined its inaugural season.

Latham & Watkins LLP represented Bessemer Venture Partners in the transaction with a corporate team led by Bay Area partner Brian Patterson, with associates Kojo Hayward and Shan Shan. Advice was also provided on entertainment, sports, and media matters by Los Angeles partner Adam Sullins, with associate Sam Lehman.