Below we present the list of Kevin Durant Investment Portfolio: 5 Biggest Companies. For our methodology and a more comprehensive list please see Kevin Durant Investment Portfolio: 15 Biggest Companies.
5. Rubrik
Total Raised: $550 million
Rubrik last held a funding round in 2019, but has raised additional money in the years since from the likes of Microsoft, which reportedly invested over $10 million in the data protection company. Microsoft’s 2021 investment valued the company at $4 billion. Rubrik has since collaborated with Microsoft on implementing its data protection services into Office 365 and Azure. The two companies had more than 2,000 mutual customers in 2021.
4. Skydio
Total Raised: $562 million
Drone manufacturer Skydio raised another $230 million in Series E funding earlier this year, with the latest round lifting its valuation to $2.2 billion. Skydio, which has grown at a 30x rate over the past three years, plans to use the money raised this year to build a new manufacturing plant in Hayward, California, which will boost its capacity ten-fold.
Skydio has experienced massive demand for its autonomous drones from government agencies, with its drones being used by over 200 safety agencies across the U.S.
3. Postmates
Total Raised: $680 million
Kevin Durant is still listed as an investor of Postmates, though the company merged with Uber Technologies, Inc. (NYSE:UBER) all the way back in 2020. The online food delivery service had explored both a traditional IPO as well as going public through two different SPACs, but ultimately decided to accept Uber’s $2.65 billion takeover offer. Postmates had been valued at $2.4 billion the year before its merger.
2. OpenSea
Total Raised: $730 million
Blockchain startup OpenSea’s latest raise in January 2022 valued the company at an impressive $13.3 billion, up from just $1.5 billion half a year earlier, with investors spanning the gamut from Ashton Kutcher to Philippe Laffont’s Coatue Management. The NFT marketplace operator processed 1.6 million transactions in the month leading up to its latest capital raise, with the deals valued at $2.4 billion.
1. Dapper Labs
Total Raised: $990 million
Topping the list of Kevin Durant’s biggest investments is NBA Top Shot creator Dapper Labs, which was valued at $7.6 billion following a capital raise in 2021. It raised another $725 million in May 2022, which it planned to use on community growth initiatives. The company’s NFT-based basketball trading cards and items enjoyed a massive sales spike in 2021, doing over $200 million in sales in both February and March of that year. Sales and buyers on the platform have since cratered however, falling to just $2.3 million in May 2023, while unique buyers fell to less than 8,800 from close to 35,000 two years earlier.
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