What is Shoot 360?
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:
Private Equity
$800K
Debt
$150K
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.
See full Shoot 360 company page