How Much Did Brooksee Raise?
Funding & Key Investors

Brooksee, a company specializing in endurance-event production and services, has secured significant capital, with a total funding amount of $321K. The company recently announced a major strategic investment of $171K, underscoring its established position in the market. This latest financing round follows previous debt financing, indicating a strategic approach to capital management for growth and operational expansion in the competitive endurance sports sector.

What is Brooksee?

Brooksee
OrganizationsNon-Profit & Charitable OrganizationsHospitality

Founded in 2012 by electrical engineers in Salt Lake City, Utah, Brooksee merges technological innovation with endurance events. The company offers a comprehensive suite of services including timing, results processing, equipment rental, athlete tracking, and bib production. Brooksee is recognized for producing several premier road races, such as the Las Vegas Marathon, Portland Marathon, Phoenix Marathon, Mesa Marathon, and the REVEL Race Series. Their core mission revolves around enhancing the race experience for both athletes and participants through advanced technology and efficient service delivery.

How much funding has Brooksee raised?

Brooksee has raised a total of $321K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$171K

Debt (2020): $150K with participation from PPP

Debt (2021): $171K led by PPP

Key Investors in Brooksee

PPP

Public-Private Partnership

PPP

Public-Private Partnership

Undisclosed Investor

An undisclosed investor participated in this funding round, contributing to the company's capital structure. Specific details regarding their investment thesis or strategic interests are not publicly available.

What's next for Brooksee?

With a substantial total funding amount of $321K and a recent strategic investment of $171K, Brooksee is well-positioned for its next phase of growth. The company's focus on technological integration within the endurance event space, coupled with its portfolio of high-profile races, suggests a strategic direction towards scaling its operations and potentially expanding its service offerings. Future developments may include further technological advancements in athlete tracking and event management, as well as the acquisition or development of new premier race events to solidify its market leadership.

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Frequently Asked Questions Regarding Brooksee Financial Insights

What are the most recent funding rounds that Brooksee has completed, and what were the funding rounds?
Brooksee has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Brooksee has raised to date?
Brooksee has raised a total of $321K in funding to date.
How many funding rounds has Brooksee completed?
Brooksee has completed 2 funding rounds.
How much funding did Brooksee raise in its most recent funding round?
Brooksee raised $171K in its most recent funding round.
Who are the lead investors in Brooksee's latest funding round?
The lead investor in Brooksee's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Brooksee's history?
The largest funding round in Brooksee's history was $171K.
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