SeventySix Capital – the venture capital company that invests in early-stage sports, media, and entertainment companies – announced Chad Stender was promoted to Managing Partner along with SeventySix Capital’s Founder, Wayne Kimmel. Stender and Kimmel will have the title of Managing Partner and the shared responsibility of running the investment company.
Previously a Managing Director, Stender has been working at SeventySix Capital since 2012. Stender leads the company’s investment process, finance, operations, and investor relations teams. He also oversees the SeventySix Capital Athlete Venture Group and was a founder of the company’s Sports Advisory agency.
Stender was on the Board of Vigtory (acquired by fuboTV in 2021). And Stender worked closely with Kimmel on the two other recent SeventySix Capital exits – DraftKing’s acquisition of sports betting media network VSiN and Cosm’s purchase of the pylon cam company C360. Stender is on the board of SeventySix Capital’s portfolio companies FORTË, Lucra Sports, Quintar, Showroom, and ZATAP.
Before SeventySix Capital, Stender worked across the professional sports industry and spent time at a global Fortune 100 entertainment company. Stender also gives back through his work in the community and with non-profit companies he is part of. Stender is still an active athlete and marathon runner and coaches his kids’ youth sports teams. Stender has graduated from James Madison University and received his Masters degree from East Stroudsburg University and he resides in the Philadelphia suburbs with his wife Lauren and their two children.
KEY QUOTES:
“Together in 2017, we shifted our company’s investment focus to the sports, media and entertainment industries, capitalizing on its global growth, raised two venture capital funds and invested in and built industry-leading tech-focused companies. Our portfolio company CEOs rely on Chad as a board member and trusted advisor.”
— Wayne Kimmel
“This is an inflection point for us at SeventySix Capital as we have established ourselves as the go-to investors for start up entrepreneurs in the sports industry. We will continue to grow our business based on the incredibly lucrative convergence of sports, media, entertainment and technology.”
— Chad Stender
