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Ted Leonsis
Founder of Proxy Foods
Washington DC-Baltimore Area
Overview
Ted Leonsis is the Founder, Chairman, Managing Partner, and CEO of Monumental Sports & Entertainment, with notable achievements including leading the company's growth strategies and establishing strategic partnerships. He is also the Co-Founder of Revolution Growth, showcasing his expertise in entrepreneurship and venture capital.
Work Experience
Founder, Chairman, Managing Partner, Chief Executive Officer
2010 - Current
Ted Leonsis is founder, chairman, managing partner, and chief executive officer of Monumental Sports & Entertainment (MSE). In that role, Mr. Leonsis is the principal owner of the NHL’s 2018 Stanley Cup Champion Washington Capitals, the NBA’s Washington Wizards, the 2019 WNBA Champion Washington Mystics, the 2021 & 2020 NBA 2K League Champion Wizards District Gaming, and the NBA G League’s Capital City Go-Go. In addition to the teams, Mr. Leonsis owns the 20,000-seat Capital One Arena and operates MedStar Capitals Iceplex, the Capitals’ training facility, MedStar Health Performance Center, the Wizards, Mystics and Capital City Go-Go training facility, George Mason University’s EagleBank Arena, and District E, a premier, nearly 14,000 square foot live-event theater focused on esports, adjacent to Capital One Arena at Gallery Place. Mr. Leonsis also owns Monumental Sports Network, a regional media platform distributed on linear television, digital, mobile, and over-the-top (OTT) platforms. Monumental Sports Network is the exclusive local broadcast and streaming network for the Washington Capitals, Wizards and Mystics; and operates the state-of-the-art Monumental Sports Network studios located next door to Capital One Arena. Mr. Leonsis serves on the Board of Governors for the NBA, NHL, and WNBA. He is on the Executive Committee of the NHL, the Audit and Finance Committee of the NHL, the Advisory/Finance Committee of the NBA and serves as Chairman of the NBA Media Committee and Chairman of the NHL Media Committee.
Monumental Sports & Entertainment is one of the largest integrated sports and entertainment companies
Co-Founder
2011
As co-founder and partner at Revolution Growth, a $1 billion set of investment funds, Mr. Leonsis and his partners make a select group of speed-up capital investments each year in businesses outside of Silicon Valley that are leveraging technology and new models to disrupt existing, multi-billion dollar industries. Investments includes companies such as, Tempus, CLEAR, Scopely, Carbon Robotics, Meati, Sportradar USA, DraftKings, Bedrock Manufacturing (parent company of Shinola and Filson), Optoro, CustomInk, Cava and sweetgreen.
Revolution is a venture capital firm that makes seed, early-stage, and growth equity investments.
Board of Governors
2010
Mr. Leonsis serves as chairman of the NBA Media Committee.
NBA is a sports company that specializes in basketball,entertainment, live events & Programming.
Board of Governors
1999
Mr. Leonsis serves on the NHL Executive Committee, NHL Audit and Finance Committee, and is Chairman of the NHL Media and Content Committee.
Tampa bay lightning is a hockey team formed under the leadership of NHL Hall of Famer Phil Esposito.
Raised $170,000,000.00 from Arctos Sports Partners.
Board of Governors
2005
Mr. Leonsis serves as a member of the WNBA Board of Governors.
WNBA Enterprises is a privately held company that owns and operates women’s basketball teams in the United States.
Raised $75,000,000.00 from Laurene Powell Jobs, Pau Gasol, Susan Dell, Karen Finerman, Micky Arison, Condoleezza Rice, Nike, Clara Wu Tsai, Joseph Tsai and Baron Davis.
Co-Executive Chairman
2016
Mr. Leonsis serves as Co-Executive Chairman of aXiomatic, which includes a portfolio of dynamic company holdings in the esports and video gaming industry. The portfolio includes a controlling interest in one of the world’s premier esports brands, Team Liquid as well as Epic Games, Niantic, Dapper Labs and many more.
AXiomatic powers unforgettable eSports experiences through sports and entertainment expertise.
Raised $82,500,000.00 from Hiro Capital, Revolution Growth, Ares Management, Chaifetz Group, HOF Capital, Michael Jordan, Curtis Polk, Declaration Partners and LionTree.
Board of Directors
2010
Mr. Leonsis serves on the Nominating, Governance and Public Responsibility Committee and the Compensation and Benefits Committee.
American Express Travel Related Services Company, Inc. provides financial and travel related services for consumers and companies.
Board of Directors
2009
Mr. Leonsis serves as Chairman of the Board, Chairman of the Nominating and Corporate Governance Committee and as a member of the Audit Committee.
Groupon is a deal-of-the-day website that offers discounted gift certificates usable at local or national companies.
Raised $1,387,000,000.00 from MIG Capital, RTP Global and Atairos.
Founder and Chairman of the Board
2008
In 2008, Mr. Leonsis founded SnagFilms, which enabled online audiences to watch, share and support documentary films. SnagFilms grew out of his experience as a producer of award-winning documentary films, including "Nanking," which won Peabody and Emmy awards. Snagfilms, which is now called ViewLift, offers a complete end-to-end solution to content owners to distribute and monetize their content across multiple device platforms, including web, mobile, over-the-top, connected TV, smart TVs and gaming consoles.
An End to End Solution For Content Distribution and Monetization
Raised $44,871,304.00 from Robert Hisaoka, New Enterprise Associates, Clark Ventures, Ted Leonsis, Weekapaug Partners, Revolution, Revolution, New Enterprise Associates, Comcast and Ted Leonsis.
Co-Founder and Lead Director
2024
Proxy Foods enables food & beverage companies to efficiently create new or optimize existing recipes and products through its AI recipe formulation platform. The solution leverages industry-changing AI and precision analytics in response to the urgent demand for sustainable food solutions and increasing consumer awareness around nutrition and animal welfare. The platform meets the needs of research and development teams, food scientists, product developers, and chefs from multinational F&B manufacturers, food service providers, alternative protein companies and novel pet food startups looking to streamline complex R&D processes by weaving together ingredient data with advanced machine learning algorithms. It simplifies analysis and interpretation in the food development process, empowering companies to create responsible products with tastes and textures discerning consumers love.