What is Hudl?
Founded in 2006 and headquartered in Lincoln, Nebraska, Hudl provides advanced video analysis software solutions tailored for a wide array of sports, including football, basketball, baseball, volleyball, hockey, soccer, and golf. The company's platform empowers athletes and coaches with detailed insights derived from video, facilitating performance enhancement and strategic development. Hudl's comprehensive suite of tools has made it an indispensable resource for sports organizations seeking a competitive edge through data-driven analysis.
How much funding has Hudl raised?
Hudl has raised a total of $111.9M across 6 funding rounds:
Series A
$2M
Angel/Seed
$3M
Series B
$3M
Private Equity
$1.4M
Private Equity
$72.6M
Private Equity
$30M
Series A (2007): $2M, investors not publicly disclosed
Angel/Seed (2008): $3M, investors not publicly disclosed
Series B (2008): $3M, investors not publicly disclosed
Private Equity (2010): $1.4M, investors not publicly disclosed
Private Equity (2015): $72.6M backed by Nelnet and Accel Partners
Private Equity (2017): $30M with participation from Nelnet and Accel Partners
Key Investors in Hudl
Nelnet
Nelnet, primarily known as a leading student loan servicer, also provides payment technology for educational institutions and fiber internet services. Their investment in Hudl suggests a strategic interest in technology platforms that serve educational and institutional markets.
Accel Partners
Accel Partners is a prominent venture capital firm specializing in early-stage and growth-stage technology companies. Their involvement indicates a belief in Hudl's potential for significant scaling and market leadership.
What's next for Hudl?
With a history of substantial investment, Hudl is well-positioned for continued expansion and innovation in the sports technology sector. The recent major enterprise-level funding, amounting to $111.9M, suggests a strategic focus on scaling operations, enhancing product development, and potentially exploring new market segments or acquisitions. The company's ability to attract significant capital indicates strong investor confidence in its business model and future prospects, likely enabling further advancements in AI-driven analytics and broader platform integration across the sports ecosystem.
See full Hudl company page