Tiger Woods, McIlroy-Backed TMRW Sports Valued at $500 Million in Funding Round

Dynasty Equity, Connect Ventures led the investment group

Proceeds will go toward research, development of new projects

Tiger Woods, Rory McIlroy and Mike McCarley.Source: TMRW Sports Group

TMRW Sports, the company whose co-founders include pro golfers Tiger Woods and Rory McIlroy, secured backing from Dynasty Equity Partners, the investment firm co-founded by K. Don Cornwell and Jonathan Nelson.

The funding round, led by Dynasty and Connect Ventures, values TMRW at about $500 million, according to people with knowledge of the matter.

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