SeventySix Capital Promotes Chad Stender to Managing Partner

SeventySix Capital, the venture capital company that invests in early-stage sports, media, and entertainment companies, announced Chad Stender was promoted to Managing Partner alongside SeventySix Capital’s Founder, Wayne Kimmel.

Both 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 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 which was acquired by fuboTV in 2021. In addition, 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.

“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,” said Kimmel. “Our portfolio company CEOs rely on Chad as a board member and trusted advisor.”

“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,” said Stender. “We will continue to grow our business based on the incredibly lucrative convergence of sports, media, entertainment and technology.”

Before SeventySix Capital, Chad Stender worked across the professional sports industry and spent time at a global Fortune 100 entertainment company. Stender additionally gives back through his work in the community and with non-profit companies he is part of. Stender is still an active athlete, marathon runner and coaches his kids’ youth sports teams. Stender graduated from James Madison University and received his Masters degree from East Stroudsburg University. He resides in the Philadelphia suburbs with his wife Lauren and their two children.

About SeventySix Capital

SeventySix Capital invests in and advises passionate, smart and nice entrepreneurs launching game-changing startups in sports betting, gaming, and sports tech. Our team has invested in, built, and sold leading sports companies for over two decades. We leverage this experience to give entrepreneurs access to the financial and social capital our network of executives, influencers, and professional athletes offers. Click here to learn more about SeventySix Capital