Vestible, a tech platform helping college athletic departments raise equity capital, has launched the first regulated model that allows schools to convert future revenues into upfront investment — without debt, private equity, or donor dependency. The capital comes from a powerful but untapped source: fans, donors, and alumni who now have the opportunity to invest directly in the programs they support.

As costs soar across facilities, NIL infrastructure, staffing, and recruiting, athletic departments are being forced to navigate a widening funding gap. Traditional tools — one-time donations, expensive debt, or strategic partners with operational strings attached — don't scale for what's next. Vestible's solution: a perpetual, transparent structure that raises capital without sacrificing control.

The platform enables departments to issue tradable securities backed by revenue-sharing agreements (RSAs), providing investors with a fixed percentage of future athletic department revenue. Each offering is designed to align incentives between the institution and its community over the long term.

"Athletic departments need a new playbook for funding growth," said Parker Graham, co-founder and CEO of Vestible. "We've built a model that's repeatable, regulated, and rooted in alignment — not dependency."

Unlike donor campaigns or private equity investments, Vestible allows schools to retain autonomy while tapping into long-term, mission-aligned capital from the people who already have skin in the game.

"There's no one more invested in a program's success than the people in the stands," said Graham. "Now, they get to be investors in more than just spirit."

Vestible originally launched as a platform allowing fans to invest in individual athletes, including NFL linebacker Baron Browning. After seeing strong investor demand, observing the growing role of private equity in college athletics, and analyzing market trends, the team saw a clearer path: helping athletic departments raise capital directly — on their terms, with their supporters.

Vestible is in the final stages of onboarding its first three NCAA athletic department partners, which are expected to launch this fall. Public announcements will follow in the coming months.

"This is capital built for athletic directors," said Yves Batoba, co-founder and COO. "It's compliant, scalable, and designed to solve real problems — not just make headlines."

Athletic departments interested in partnering with Vestible can learn more at partnerships@vestible.co.

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