How Much Did Shoot 360 Raise?
Funding & Key Investors

Shoot 360 has secured significant capital, with its total funding reaching $3.5M. The company recently announced a major strategic investment, bringing in $2.3M in its latest funding round. This enterprise-level financing underscores the growing interest in innovative sports technology and athlete development platforms.

What is Shoot 360?

Shoot 360
HospitalityFitness & Dance Facilities

Founded in 2012 by Craig Moody, Shoot 360 is revolutionizing basketball development through advanced interactive technology. The company operates training centers across the United States, offering athletes unparalleled opportunities to test, train, track, and compete. Shoot 360 utilizes powerful training tools and performance metrics to quantify improvements in shooting, ball handling, and passing, providing a technologically advanced and immersive experience designed to maximize player potential and engagement. The company represents a significant advancement in how athletic skills are honed and measured.

How much funding has Shoot 360 raised?

Shoot 360 has raised a total of $3.5M across 4 funding rounds:

2013

Private Equity

$800K

2020

Debt

$150K

2021

Debt

$333K

Series B

$2.3M

Private Equity (2013): $800K, investors not publicly disclosed

Debt (2020): $150K led by PPP

Debt (2021): $333K supported by PPP

Series B (2021): $2.3M featuring Trae Young and Sue Bird

Key Investors in Shoot 360

Trae Young

A prominent professional basketball player, Trae Young's participation suggests a strategic interest in advancing athlete performance technology and sports innovation.

Sue Bird

A legendary figure in professional basketball, Sue Bird's backing indicates a focus on enhancing athlete development tools and the overall sports training ecosystem.

What's next for Shoot 360?

The recent major strategic investment, classified as Series B financing, positions Shoot 360 for substantial growth and market expansion. This influx of capital is expected to fuel further technological innovation, enhance training center infrastructure, and broaden the company's reach within the competitive sports technology landscape. As Shoot 360 continues to scale, its focus on data-driven athlete development and interactive training solutions is poised to solidify its position as a leader in the future of basketball performance enhancement.

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Frequently Asked Questions Regarding Shoot 360 Financial Insights

What are the most recent funding rounds that Shoot 360 has completed, and what were the funding rounds?
Shoot 360 has recently completed 3 funding rounds: Series B on Apr 6, 2021, Debt on Jan 25, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Shoot 360 has raised to date?
Shoot 360 has raised a total of $3.5M in funding to date.
How many funding rounds has Shoot 360 completed?
Shoot 360 has completed 3 funding rounds.
How much funding did Shoot 360 raise in its most recent funding round?
Shoot 360 raised $2.3M in its most recent funding round.
Who are the lead investors in Shoot 360's latest funding round?
The lead investor in Shoot 360's latest funding round was Trae Young. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Shoot 360's history?
The largest funding round in Shoot 360's history was $2.3M.
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