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
5 Kansas City-crafted gifts for kids
Editor’s note: Below you’ll find a list of five Kansas City-crafted gift ideas for the kids on your holiday shopping list. Click here to check out the rest of Startland News’ 2019 Gift Guide. Nanables Created by the minds at Kansas City’s Tesseract Ventures, miniature, unique houses show kids seeing is believing — with a…
10 ways to wear (or gift) KC’s maker scene
Editor’s note: Below you’ll find a list of 10 wearable gift ideas for your holiday shopping list. Click here to check out the rest of Startland News’ 2019 Gift Guide. Mackbecks shuttlecock earrings Handcrafted in Kansas City, Mackbecks’ tassel earrings capture the spirit of the iconic Nelson Atkins Museum’s shuttlecocks. Price: $25 Where to buy: Midcoast…
Opening pitch: Sandlot Goods’ new workshop puts fresh spin on its best-selling wallet
As Sandlot Goods moves deeper into a new workspace off Southwest Boulevard, the six-year-old premier maker is stitching an aesthetic that holds true to its classic appeal but ventures away from hometown branding. “In the last year, we have been dialing back the overly Kansas City feel,” said Chad Hickman, owner of Sandlot Goods. “We…
Hemp startup founders cultivate Year Round partnership in light of growing interest
A casual supply run produced more than equipment for United American Hemp; the team behind the Olathe startup walked away co-owners of another new venture. “We hit it off and invested both time and money in [the] business. … Since then [its] exploded in revenue,” Michael Wilson, director of research and development at United American…