Fanatics stock
Private-market facts for current and former Fanatics employees researching their stock.
Overview
Global digital sports platform operating licensed sports merchandise, trading cards, and sports betting under one umbrella.
Selling Fanatics shares
Why shareholders consider selling
Shareholders in Fanatics may explore liquidity for a number of reasons — diversifying a concentrated position, funding a personal financial goal, or simply reducing exposure to a single private holding. As a private company, Fanatics does not trade on a public exchange, meaning employees and early shareholders cannot simply sell through a brokerage. Extended private timelines can leave shareholders waiting years for an exit event, which is why some choose to explore secondary-market options.
Can you sell Fanatics stock?
Whether a shareholder can sell typically depends on what they hold and how it was acquired. Vested and exercised shares are generally more straightforward than unexercised options or unvested RSUs. Most private companies, including those in the E-Commerce & Retail sector, impose transfer restrictions such as rights of first refusal or board approval requirements. The specific terms governing Fanatics shares would be outlined in the holder's equity agreement or the company's governing documents.
What affects the value of Fanatics shares?
The price a buyer is willing to pay for private shares is shaped by several factors: overall demand for the stock, the company's financial performance, broader E-Commerce & Retail market conditions, and any recent private-market transaction activity. Data points such as the company's Series G round and its reported $31B valuation can help frame expectations, though they do not guarantee a transaction price.
What should holders check before selling
- The type of security held (common shares, preferred, options, RSUs)
- Whether the equity is fully vested and, for options, whether it has been exercised
- Any transfer restrictions, lock-up provisions, or company approval requirements
- Estimated net proceeds after applicable taxes and transaction fees
- Whether partial liquidity — selling a portion rather than the full position — may be a better fit
Tools for Fanatics shareholders
Exploring equity in Fanatics often raises questions about taxes, exercise timing, valuation, and exit outcomes. These tools can help you model different decisions using your own assumptions.
Latest funding round
Fanatics most recently raised a Series G round in January 2024. The company was valued at $31B. Total funding raised to date is approximately $4.5B.
Lead investors in this round include SoftBank Vision Fund and Fidelity Investments.
Founders & company background
Fanatics was founded in 1995 by Michael Rubin and is headquartered in Jacksonville, FL.
Investors
Industry
Similar private companies
Latest Fanatics news


Frequently asked questions
- Is Fanatics still a private company?
- Yes, Fanatics is currently a private company.
- What is Fanatics's latest funding round?
- Fanatics's most recent known round is Series G, raised in January 2024.
- What is Fanatics's valuation?
- Fanatics's latest reported valuation is $31B.
- Who are the investors in Fanatics?
- Notable investors include SoftBank Vision Fund, Fidelity Investments, Silver Lake, Insight Partners, Clearlake Capital.
- Can I sell my Fanatics stock?
- Private company shares can sometimes be sold on secondary markets. Speaking with a specialist who understands Fanatics stock can help you evaluate your options.
Related pages
Last verified: 2026-04-13 · Fanatics data compiled from funding disclosures, investor announcements, corporate filings, and public records.
Information on this page is compiled from publicly available sources and may be outdated or incomplete. This is not investment advice. Consult a qualified advisor before making financial decisions.