League One Volleyball (LOVB) was founded in 2020 by Katlyn Gao, Peter Hirschmann, and Olympian Kevin Wong as a network of youth volleyball clubs across the United States with the intent of eventually creating and sustaining a professional league.

[6] On August 16, Omaha, Nebraska was announced as the fifth host city with founding athletes Jordan Larson and Justine Wong-Orantes.

[8] A week later, the league announced its final city as Austin, Texas, with founding athlete Carli Lloyd.

On September 28, 2022, LOVB raised $16.75 million in a Series A funding round, headlined by Billie Jean King and Kevin Durant.

[11] A year later, LOVB raised $35 million in a Series B round that included investments from Lindsey Vonn, Jayson Tatum, and Candace Parker.