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Autograph , the NFT company co - founded by Tom Brady , is merging withthe digital fitness company Future . As part of the uniting , Brady will join the display panel of directors of Future and answer as co - chair of the party .
Brady co - base John Hancock in 2021 to discover ways to connect athlete and creative person with fans , ultimately launchingan NFT marketplaceand raising more than $ 200 million treasure at $ 3.1 billion , fit in to PitchBook . The company relaunched tardily last year , without the NFT component , as a political platform that tracks lover betrothal and rewards them for it . It count the the likes of of Naomi Osaka and Tony Hawk on its board of adviser and was support by Andreessen Horowitz and Lightspeed Venture Partners .
Future , meanwhile , connects multitude with digital fitness coaches and builds personalized fitness act for users .
Autograph faced some challenges , especially after the crypto market place break up and the NFT market place cool . In 2023 , the company had layoffs and at one point was down to 30 people , as reported by Fast Company .
Rishi Mandal , co - founder and CEO of Future , made the announcementon LinkedIn . Speaking to TechCrunch , Mandal allege he and Brady met through Richard Rosenblatt , co - founder of Autograph , and discussed partnership but at last decide they should be one company , he said . While all party are anticipate this a merger , not an acquisition , the company will retain the name Future . Mandal said it was too former to announce unexampled products but tell that future tense will look to combine Autographs ’ fame connections with Future ’s athletic mission . The goal is to find a way to let the great unwashed take with top athletes and get expert coaching .
Future has raised more than $ 100 million and was last publically measure at $ 275 million , according to PitchBook .
This story was updated to clarify how Mandal and Brady get together .
