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
Techweek opens Monday with KC Mayoral Candidate Tech Forum; launches app with full schedule
Candidates to be Kansas City’s next mayor will take the stage Monday at Union Station in one of Techweek KC’s first events of 2018 to talk tech and its importance in shaping the city’s future, said Ryan Weber. “We’re still a long way from the [April 2] primary election, but this forum will help voters…
CommunityAmerica innovation lab launches AI chatbot to help students complete FAFSA
A new artificial intelligence-fueled chatbot and FAFSA help site aim to digitally remove barriers faced by first-generation American students, children of divorce and others hoping to obtain financial aid to attend college. It’s about delivering peace of mind to members of CommunityAmerica Credit Union, which developed the technology, said Anita Newton, chief innovation officer for…
Coming soon: New Plexpod River Market space will be a welcome sign to KC entrepreneurs
Plexpod is continuing its ride north along Kansas City’s streetcar line — announcing today a new co-working and office space on Delaware Street in the River Market. “River Market is like any other district in the metro,” said Gerald Smith, Plexpod founder and CEO. “Entrepreneurs are everywhere and access to affordable flexible office space is…
Designed by a language of love, ‘my clothing is my ministry,’ says Esmeralda Lole
Kyrie Eleison Couture creates custom pieces that incorporate the customer’s cultural influences, said Esmeralda Lole. Lole works closely with individual customers and draws colors from flags and patterns from their countries of origin, she said. “Everyone has a different love language and my love language is acts of service. So for me, to be able…