SidelineSwap, a Boston, MA-based online marketplace where athletes buy and sell sports gear and equipment, raised $5m in Series A financing.
The round – which brings the company’s total funding to $8.9m – was led by Global Founders Capital, with participation from NBA legend David Robinson’s Admiral Capital, Peak6 Sports, RiverPark Ventures, FJ Labs and The Player’s Impact.
The company will use the funds to continue to expand operations.
Founded in 2015 by Brendan Candon, CEO, SidelineSwap is an online marketplace that allows athletes, regardless of age, to buy and sell new and used gear for sports like lacrosse, hockey, baseball, skiing, golf, soccer, softball, football, basketball and snowboarding.
More than 200,000 athletes have joined SidelineSwap to date.
The company previously raised a $2.1 million seed extension in fall 2017, and a $1.8 million seed round in spring 2016.