SidelineSwap Raises $2M in New Seed Funding

Press Release

 | October 16, 2017

Choate advised U.S. client SidelineSwap on its recent $2M Series Seed financing. The round was led by Germany-based Rocket Internet and included a syndicate of investors comprised of Haystack Partners and RiverPark Ventures. Choate has represented the company since its formation, including through multiple rounds of angel financings.

Founded in 2012, SidelineSwap provides an online sports marketplace where people connect to buy, sell, and trade sporting goods. The company continues to build a strong profile, including having been named a 2015 MassChallenge finalist and was previously selected to participate in the 500 Startups’ accelerator program.

Recognized among the top law firms for high-growth companies and investors around the world by PitchBook, this continues Choate’s extensive involvement in the venture capital industry and also is the 13th cross-border transaction the Firm has closed in 2017. 

The team was led by Larry Naughton and Anthony Cahill.


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