Deepen Parikh is a Partner at Courtside Ventures, the leading venture capital fund focused on early-stage sports digital media, fitness/wellness, e-sports/gaming companies. The $35 million fund is backed by anchor investor Dan Gilbert, founder and chairman of Rock Ventures, Quicken Loans and majority owner of the NBA’s Cleveland Cavaliers and WPP, the world’s leading communication services company.
Since launching Courtside Ventures in 2015, they have invested in over 30 companies that are leading innovation across the sports and gaming industries. Some notable investments include Beam (acquired by Microsoft), The Athletic, Freeletics, The Drone Racing League, FanAI, StockX, Players’ Lounge, LiveLike and ZenRez, among several others.
Sitting at the intersection of the rapidly growing entrepreneurial ecosystem and the broader sports technology industry, he was recognized as a 2018 Sports Business Journal Forty Under 40 recipient.
Previously, Deepen was a Partner at Interplay Ventures, an early-stage technology incubator and investor, where he was part of launching/building 18 companies and investing in another 12 companies.
He co-founded NYVC Sports, with the mission of bridging the gap between professional sports leagues, teams, investors, entrepreneurs, and media companies. The networking group has over 2,000 senior level members and hosts exclusive events with US leaders across the digital, sports, entrepreneurial, and investment communities.
Deepen started his career as an Associate at UBS Financial Services and earned his BA in Economics from the University of Maryland, College Park. He currently resides in New York City with his wife, Rakhi (who works at MLS) and his daughter Prem.
Looking Ahead to the Next Generation of Media