Sapphire Sport Becomes Three Five Nine Capital

Sapphire Sport, a venture fund specializing in sports, media, and entertainment, is rebranding as Three Five Nine Capital. This new name, inspired by the sub-four-minute mile, signifies their mission to help founders achieve the seemingly impossible. With a second fund totaling $181 million and a portfolio of 30 companies, the firm is led by key figures like David Hartwig, Doug Higgins, and Rico Mallozzi. They focus on early-stage startups, investing between $2 million and $10 million. Despite competition from firms like Courtside Ventures, Three Five Nine Capital will continue investing from its current fund until mid-2027.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.