Alexis Ohanian's Seven Seven Six Invests £20 Million in Chelsea Women FC, Reinforcing 'Build' Philosophy

LONDON, UK – Alexis Ohanian, co-founder of Reddit and founder of venture capital firm Seven Seven Six, has solidified his commitment to the burgeoning women's sports sector with a significant £20 million minority investment in Chelsea Women FC. The move, announced in May 2025, underscores Ohanian's enduring "It's time to build" ethos, which he recently reiterated in a tweet: > "It's time to build."

This investment, reported to be for an estimated 8-10% share, values the reigning Women’s Super League champions at over £200 million and grants Ohanian a seat on the club's board. It aligns with his established track record in women's sports, notably as a founding investor in the National Women's Soccer League's Angel City FC, which rapidly achieved a record valuation under his involvement.

Ohanian's "building" philosophy extends beyond sports. Through Seven Seven Six, he has actively backed innovative ventures across various sectors. In March 2025, the firm led a $22 million Series A funding round for Playback, a social live-streaming platform for sports, aiming to revolutionize fan engagement. Earlier, in January 2025, Seven Seven Six invested $10 million in Nucleus, a clinical-grade DNA and health technology company focused on preventative health.

His firm also launched Athlos in September 2024, a women's-only track and field event offering substantial prize money and unique presentation, further demonstrating his belief in creating new opportunities. Additionally, Seven Seven Six recently seeded VibeCode, an app designed to make mobile app creation radically more accessible, echoing his commitment to empowering builders.

The venture capital landscape is increasingly recognizing the immense potential of women's sports. Deloitte projects global revenue for women's sports to reach $2.35 billion in 2025, marking a period of "meteoric growth." Investors are drawn to this "undervalued" market, seeing high growth potential and opportunities to align with a values-driven fanbase. Ohanian's strategic investments position Seven Seven Six at the forefront of this transformative trend, actively building the future of sports and technology.