Tom Brady’s Autograph Teams Up with Digital Fitness Company Future
2025-01-23
2025-01-23

Tom Brady’s Autograph, a company valued at $3.1 billion, is joining forces with Future, a digital fitness platform. As part of the deal, Brady will take on a leadership role, serving as co-chair of Future’s board.

Autograph, co-founded by Brady in 2021, started as an NFT marketplace aimed at connecting athletes and artists with fans. After raising over $200 million, the company shifted its focus last year to tracking fan engagement and rewarding loyal supporters. It boasts big names like Naomi Osaka and Tony Hawk on its advisory board and has backing from major investors like Andreessen Horowitz and Lightspeed Venture Partners.

Future, on the other hand, specializes in connecting users with digital fitness coaches and creating custom workout plans. The merger aims to combine Autograph’s star power with Future’s fitness expertise, potentially allowing users to train alongside top athletes and receive personalized coaching.

The move comes after Autograph faced challenges in the wake of the crypto market downturn, leading to layoffs and a smaller team. Despite these hurdles, the company is now looking to reinvent itself through this partnership.

Rishi Mandal, Future’s CEO, shared the news on LinkedIn, explaining that the idea for the merger came after he and Brady connected through a mutual friend. While the companies are calling it a merger, Future will retain its name and branding.

Though details about new products are still under wraps, the collaboration hints at exciting possibilities for fans and fitness enthusiasts alike. Future, which has raised over $100 million, is poised to leverage Autograph’s celebrity network to take its fitness offerings to the next level.

This partnership could be a game-changer for both companies, blending the worlds of sports, entertainment, and fitness in a way that’s never been done before. Stay tuned for updates as this exciting venture unfolds!

Tom Brady’s Autograph Teams Up with Digital Fitness Company Future
https://www.99newz.com/posts/tom-brady-autograph-future-merger-2314
Author
99newz.com
Published at
2024-12-16
License
CC BY-NC-SA 4.0