What is ShotTracker?
ShotTracker is at the forefront of sports technology, offering a comprehensive suite of AI-driven video, statistics, and analytics tools. Their platform is designed to elevate team performance and enhance fan engagement across various levels of sports. By providing advanced insights through products like the AI Scouting Solution and the Ultimate Coaching Edge, ShotTracker empowers coaches, players, scouts, and front office executives with data-driven decision-making capabilities. The company's mission is to revolutionize basketball intelligence, making sophisticated analytics accessible and actionable for teams worldwide.
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 Sovereign's Capital, Irish Angels, Greycroft Partners, R/GA, ward.ventures, and Service Provider Capital
Series A (2018): $10.4M featuring David Stern, Ward.Ventures, SeventySix Capital, Elysian Park Ventures, KCRise Fund, Irish Angels, Greycroft Partners, and Ryan Howard
Other Financing Round (2021): $11M backed by Evertz Microsystems Ltd and Verizon Ventures
Key Investors in ShotTracker
David Stern
David Stern is recognized for his extensive experience in sales and coaching, offering insights on personal development and systematic evaluation to guide individuals toward success.
SeventySix Capital
SeventySix Capital is a venture capital firm that invests in early-stage startups within sports betting, esports, and sports tech, providing both financial and social capital to entrepreneurs.
Elysian Park Ventures
Elysian Park Ventures focuses on investments at the intersection of sports and global markets, including health, culture, commerce, and technology, aiming to enhance the human experience through sports innovation.
What's next for ShotTracker?
With the recent infusion of major strategic capital, ShotTracker is poised for accelerated expansion and product development. The company's focus on AI-driven analytics in sports positions it well to capitalize on the growing demand for data-informed performance enhancement and fan engagement. Future initiatives are likely to involve further integration of their AI capabilities, expansion into new sports verticals, and strengthening partnerships within the sports technology ecosystem. This strategic investment will enable ShotTracker to further solidify its market leadership and drive innovation in sports intelligence.
See full ShotTracker company page
