ShotTracker raises $10.4M round featuring former NBA Commissioner David Stern
May 16, 2018 | Bobby Burch
Merriam-based ShotTracker is fueling its global expansion via a large funding round featuring several high-profile investors.
The sports tech company announced Wednesday that it raised a $10.4 million Series A financing round led by Ward.Ventures, NBA commissioner David Stern and two-time National League home run champion, Ryan Howard. The round also includes Greycroft, Elysian Ventures, KC Rise Fund, Irish Angels and SeventySix Capital.
ShotTracker co-founders Davyeon Ross and Bruce Ianni.
The injection of new capital brings ShotTracker’s total funding to more than $21 million, which includes an investment by NBA legend, Earvin “Magic” Johnson.
ShotTracker’s TEAM system tracks multiple players with an array of sensors — secured to each player, within each Spalding basketball, and in the rafters — plotting the games’ shots in real time.
ShotTracker will use the funding for growth and scalability to increase installations in courts around the United States and to solidify global partnership opportunities, said Davyeon Ross, co-founder and COO of ShotTracker.
“This additional funding allows ShotTracker to execute on its vision and accelerate the proliferation of our product across the market,” said Ross. “Whether you’re a fan, a player, a coach, a broadcaster or a market maker – ShotTracker is changing the overall experience of the game. There are significant changes happening in sports and ShotTracker is poised to capitalize on those industry changes with its real-time data.”
In March, the company released its new ShotTracker fan app for the Division 1 NAIA basketball tournament. The app combines real-time analytics with augmented reality in a first-of-its-kind fan engagement tool that displays game and player information on fans’ smartphones.
ShotTracker recently earned a bronze Edison Award in the category of “Digitized Data.” The tech is being used by the University of Kansas, the University of Oklahoma, TCU, Baylor and several other top collegiate basketball programs.
ShotTracker was co-founded by Ross and Bruce Ianni. To learn more about the firm, check out the video below.
2018 Startups to Watch
stats here
Related Posts on Startland News
CAPS put grads on top, alumni say
Education innovation is a growing industry in Kansas City. Leaders say it has grown tremendously within the past two years and will eventually impact the region’s talent pipeline. One of the metro’s trailblazing programs is Blue Valley Center for Advanced Professional Studies, CAPS. The program began in the Blue Valley School District in 2009 as…
KCMO to celebrate innovation partners at demo day
Since the publish date on Aug. 22, the location of the Innovation Partnership Program demo day has been changed. It will now be held at WeWork at Corrigan Station at 5:00 p.m. Five Kansas City startups are expected to be toasted next month with a demo day at a popular brewery. The Sept. 11 celebration…
Yes, another total solar eclipse photo gallery
Like tens of thousands of people near the “path of totality,” the Kansas City Startup Foundation team trekked northward Monday to bask in the rarity of a total solar eclipse. As you can see from the photos, it was a tad cloudy at Smithville Lake — about 40 miles southeast of the crowds in St.…
Kauffman Foundation grants $78K to KC Startup Foundation, Startland hires managing editor
Continuing a commitment to cultivate its hometown entrepreneurial community, the Ewing Marion Kauffman Foundation has awarded a $78,600 grant to the Kansas City Startup Foundation. The foundation’s gift helps the KCSF expand the capacity and marketing of its programs to connect, educate and tell stories about area innovators. The KCSF — which recently merged with…