What is ShotTracker?
ShotTracker is at the forefront of sports technology, offering a sophisticated suite of AI-driven video, statistics, and analytics solutions. Designed to elevate team performance and enhance fan engagement, their platform serves a diverse clientele including coaches, players, scouts, front office executives, and sports media. By providing actionable insights through tools like the AI Scouting Solution and the Ultimate Coaching Edge, ShotTracker empowers users to make data-informed decisions, aiming to revolutionize basketball intelligence and democratize advanced analytics for teams across all levels.
How much funding has ShotTracker raised?
ShotTracker has raised a total of $27.8M across 5 funding rounds:
Private Equity
$635K
Private Equity
$750K
Angel/Seed
$5M
Series A
$10.4M
Other Financing Round
$11M
Private Equity (2014): $635K, investors not publicly disclosed
Private Equity (2014): $750K, investors not publicly disclosed
Angel/Seed (2016): $5M supported by Irish Angels, ward.ventures, R/GA, Greycroft Partners, Service Provider Capital, and Sovereign's Capital
Series A (2018): $10.4M featuring Ryan Howard, SeventySix Capital, Greycroft Partners, David Stern, Ward.Ventures, Elysian Park Ventures, Irish Angels, and KCRise Fund
Other Financing Round (2021): $11M backed by Verizon Ventures and Evertz Microsystems Ltd
Key Investors in ShotTracker
Verizon Ventures
Verizon Ventures is the venture capital arm of Verizon, focusing on investments that align with Verizon's strategic interests in areas such as network infrastructure, enterprise solutions, and emerging technologies. They aim to foster innovation and support companies that can enhance Verizon's ecosystem.
Irish Angels
IrishAngels is an investor network that actively supports seed, seed+, and Series A stage startups. They leverage their extensive network to provide not only capital but also valuable strategic guidance and operational support to their portfolio companies, fostering growth and development.
Greycroft Partners
Greycroft Partners is a prominent venture capital firm specializing in investments within the internet and mobile technology sectors. They are known for leveraging a broad network of industry connections to assist entrepreneurs in gaining market visibility, establishing strategic relationships, and achieving successful business outcomes.
What's next for ShotTracker?
The substantial enterprise-level funding and recent strategic investment signal ShotTracker's robust trajectory and its potential for significant market impact. This capital infusion is anticipated to accelerate product innovation, expand market reach, and potentially explore new sports verticals or technological integrations. The company's focus on AI and data analytics positions it to capitalize on the growing demand for performance optimization and fan engagement solutions in the sports industry, suggesting a future of continued scaling and strategic partnerships.
See full ShotTracker company page
