What is Race Time?
Operating as a premier race management and timing entity, Race Time serves as a critical infrastructure partner for over 350 athletic events annually. With a legacy spanning more than 25 years, the company provides an end-to-end solution that encompasses everything from digital registration platforms to high-precision timing technology. By acting as a one-stop shop for race directors, the organization mitigates the logistical complexities inherent in large-scale athletic gatherings. Their market position is defined by a dual focus on technical accuracy and consultative support, catering to a diverse clientele ranging from novice organizers to seasoned event professionals.
How much funding has Race Time raised?
Race Time has raised a total of $40K across 1 funding round:
Debt
$40K
Debt (2021): $40K with participation from PPP
Key Investors in Race Time
PPP
Public-Private Partnership
What's next for Race Time?
With the infusion of this recent capital, Race Time is poised to accelerate its strategic growth initiatives. The company is expected to prioritize the modernization of its timing technology stack and the expansion of its vendor partnership network to enhance service delivery. As the firm transitions through this significant Series B/C stage, the focus will likely shift toward scaling its digital registration capabilities and deepening its market penetration in the Midwest. By maintaining its commitment to operational excellence, Race Time is set to capitalize on the increasing demand for professionalized, tech-enabled event management solutions in the post-pandemic athletic landscape.
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