LeagueApps hosts over 3,000 sports leagues on its platform
Brian Litvak · LeagueApps Passes $1b in Event Revenue, Takes 4% · Dec 31, 2020 · at 5:49
Brian Litvak, CEO of LeagueApps, shares the platform's customer scale with Nathan Latka.
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“Greg we have 3000 plus leagues on our platform.”
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More from Brian Litvak
Litvak: Most VCs laughed at youth sports market size before 2015
“Most VC or institutional investors laughed at it in our face that this was a market, a total addressable market. That was large enough to attract venture investing.”
Litvak estimates the U.S. youth sports transaction market at $15 billion
“And we believe this is a fifteen billion dollar market of transactions for team sports in the U.S., which parents and players pay to their organizations.”
LeagueApps charges zero SaaS fees, monetizing solely on transactions
“So we, the way we built our pricing is that we don't have a SAS fee. All of the fee is based on the transactions that are processed.”
Litvak: LeagueApps took nine years to reach $1 billion in cumulative GMV
“We hit, it took us nine years to get to a billion total, and now we're eager to get to a billion a year and beyond.”
LeagueApps is shifting from outbound sales to an inbound marketing model
“We're going much more to a marketing-driven approach. Where we're putting out better content and community and engaging with sports organizations. Referrals is actually a big one too. And then going more inbound where then our sales team is more taking the int…”