Ted Leonsis

Ted Leonsis is a highly influential figure in the American business and investment landscape, widely recognized for his multifaceted career spanning technology, sports, and venture capital. As the Founder, Chairman, Principal Partner, and Chief Executive Officer of Monumental Sports & Entertainment (MSE), he oversees a vast portfolio of professional sports teams, including the NBA's Washington Wizards and the NHL's Washington Capitals. Prior to his success in sports ownership, Leonsis held a pivotal role as a senior executive at America Online (AOL) during its formative years, where he was instrumental in its growth and strategic direction, contributing significantly to its market capitalization which once reached over $150 billion. This extensive operational background provides him with a unique perspective on scaling businesses and navigating complex market dynamics.

Leonsis's investment philosophy is characterized by a hands-on approach and a strategic focus on sectors where he possesses deep expertise, particularly sports technology, media, entertainment, health, and consumer brands. He is a co-founder and partner at Revolution Growth and Revolution Ventures, two prominent venture capital firms based in Washington D.C. Revolution Ventures, in particular, targets early-stage and growth-stage companies, typically investing in Series A and B rounds. Leonsis leverages his vast network and operational acumen to provide significant value beyond capital, offering strategic guidance, mentorship, and access to key industry connections for his portfolio companies.

As an investor, Leonsis participates in both personal angel rounds and larger institutional investments through the Revolution funds. Revolution Ventures typically deploys initial checks ranging from $5 million to $20 million, reflecting his commitment to substantial, impactful early-stage funding. His investment portfolio is diverse, featuring successful companies such as Sweetgreen, a fast-casual restaurant chain that went public with a valuation exceeding $2.5 billion, and Sportradar, a global sports technology company that also achieved a successful IPO. He has made over 100 investments across various stages, demonstrating a consistent and active presence in the venture ecosystem. Leonsis's enduring impact stems from his ability to identify disruptive technologies and visionary entrepreneurs, coupled with his willingness to commit significant resources and strategic support to foster their growth.