WAVE.tv, a Los Angeles-based sports media company that caters programming to Millennial and Gen Z fans across platforms like TikTok and Snapchat, has raised $32 million in Series A funding led by CoVenture and GPS Partners, the company announced on Wednesday.
“At its core, our business has always been and will continue to be an adaptation of legacy sports media, simply re-imagining the same stories and narratives fans have cared about for generations, into programming best suited for the core and emerging digital platforms where today’s fan spends their time,” WAVE.tv co-founder and CEO Brian Verne said in a statement.