MVPindex, Inc., a Dallas, Texas-based social media index and measurement platform for sports and entertainment, closed a $7m Series A funding round.
The round was led by strategic investor groups in Dallas, New York, Los Angeles, and Chicago. In conjunction with closing of the Series A funding, Keith Bank of KB Partners and Ed Wilson of New Form Digital will join the MVPindex Board of Directors.
The company intends to use the funds to accelerate sales and marketing efforts across the globe in sports, expand its coverage in entertainment, and scale its index and social media valuation engine.
Led by Shawn Spieth, Co-Founder and CEO, MVPindex provides a social media index, measurement, and valuation platform for sports and entertainment with more than 30,000 athletes, entertainers, teams, leagues, and brands ranked across the most popular social platforms.
Clients include players in the sports and entertainment industry including top brands, teams, leagues, and agencies.