The OneTeam Collective is a groundbreaking, athlete-driven business accelerator designed to spur growth for innovative companies seeking to align their products and services with a thriving sports industry.
Who makes up the OneTeam Collective?
The OneTeam Collective is a collaboration between world-class investors, corporate leaders, university researchers, sports executives and athletes. Founding partners include the NFLPA, Kleiner Perkins Caufield & Byers, Madrona Venture Group, BlackRock, Intel Corporation, the Harvard Innovation Lab, Sports Innovation Lab, and LeadDog Marketing Group.
Professional athletes, via the OneTeam Collective Athlete Advisory Board, will also play a critical role in the selection and development process.
What types of companies are best suited for the OneTeam Collective?
The OneTeam Collective is seeking companies at all stages of growth across a spectrum of categories, and will consider any company that delivers on the mission of improving the lives of professional athletes, their fans and athletes everywhere.
Areas of interest include new business ventures and product ideas related to fan engagement, data analytics, performance and training, mobile fitness, sports nutrition, consumer products, fantasy sports, gaming, wearable technology, new media, virtual reality and augmented reality. Each applying company will be evaluated individually for potential fit, regardless of industry.
How many companies will be selected?
There is no limit on the number of OneTeam Collective portfolio companies.
Is there a start and end date to apply?
The OneTeam Collective is open to interested companies and entrepreneurs on a rolling basis.
What resources and opportunities will be provided to companies that get selected?
The OneTeam Collective will offer companies at all stages of growth potential for funding; mentorship from the sharpest minds in the investment, research and development, and sports communities; plus access to professional athletes.
The OneTeam Collective will be the first such venture to provide rights to sports-based intellectual property, highlighted by the NFLPA’s exclusive group licensing rights and unparalleled access to more than 2,000 current NFL players for insights, activations and brand endorsements.
How does the selection process work?
The OneTeam Collective Board, consisting of representatives from each founding partner, jointly evaluates submissions and responds to all applicants within 30 days. Prospective companies that draw interest from one or more founding partner(s) will be notified to schedule a follow-up meeting, and may be selected to participate in Pitch Days hosted throughout the year.
At the conclusion of the due diligence process, offers will be extended accordingly, or companies will be notified that they are no longer being considered, but may reapply in the future.
Will my company have to give equity?
Every deal will be different based on a number of factors, including, for example, which founding partners are participating. Equity – at varying mutually agreed upon levels – will be included in all deals.
WILL THE INFORMATION IN MY APPLICATION BE TREATED AS CONFIDENTIAL?
All information disclosed in your application will be considered non-confidential public information. Please do not submit any business plans or trade secrets. The OneTeam Collective will only treat information as confidential if the information is covered by a formal, written confidentiality agreement signed by OneTeam Collective founding partners prior to disclosure.
Interested in Applying?
Applications are accepted on a rolling basis, prospective OneTeam Collective portfolio companies can submit their application anytime.