Opendorse Raises $20M in Latest Funding Round

December was a big month for Serra company Opendorse, and it is not over yet. The company announced that it has raised $20M in its latest funding round, in which Serra Ventures participated. Opendorse says it will use the capital to meet its ever-increasing demand for advancing NIL platforms.

Opendorse was also featured in Sports Illustrated this week, accounting that it had launched its new “NIL Book,” which will help athletes navigate what they can expect from the platform, including earning expectations.

With new schools joining up with Opendorse daily, things will not be slowing down for this company any time soon.