The round was led by Liberty Media Corporation and return investor Counterpoint Global (Morgan Stanley). Liberty Media has ownership stakes in high profile sports and media companies including Formula 1, the Atlanta Braves, SiriusXM and Live Nation Entertainment.

Winslow Capital, who manages more than $30 billion in growth equity strategies is also part of this new funding round. Bezos Expeditions (the personal investment company of Jeff Bezos), Blackstone and Sapphire Sport who were part of previous funding rounds, have added to their investment. Overtime has now raised more than $250 million in total funding.

Overtime builds disruptive new sports leagues aimed globally at the next generation of sports fans and athletes. Overtime owns and operates, OTE in basketball and OT7 in football, and leverages digital-first content across its network of accounts engaging its community of over 65 million fans and followers. Overtime's business model is driven by sponsorships, brand relationships, e-commerce, licensing and media rights.