Swerve TV has closed a $2.5 million Series A financing round to power its FAST sports channel expansion, led by Scott Galloway, a podcaster, author, professor, and co-founder of Prof G Media.
Swerve TV operates Swerve Combat and Swerve Sports on platforms such as Roku, Pluto TV, Prime Video, LG, DIRECTV, Fubo, and others. The financing round will be used to expand its live event content roster, build out new channels, strengthen distribution and up its third-party FAST channel services for leagues and media brands.
“Swerve is the live sports events leader of FAST,” said Steve Shannon, CEO of Swerve TV. “Scott’s strategic investment in Swerve is a powerful validation of our strategy to invest in the massive opportunity in free, ad-supported television.”
Galloway added, “FAST is one of the most compelling growth stories in media, and live sports is its strongest use case. Swerve TV has proven traction, deep industry relationships, and a clear vision for scaling into a next-generation programming network.”
