Avrij Analytics Inc.

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Avrij Analytics Inc. - overview

Established

2016

Location

Fredericton, NB, Canada

Primary Industry

Software

About

Avrij Analytics Inc. specializes in AI-powered tools that enhance athlete assessments and scouting for professional sports teams, targeting improved evaluation processes through advanced analytics. Founded in 2016 in Fredericton, Canada, Avrij Analytics Inc. develops AI solutions for athlete evaluations.


The company raised USD 1. 2 mn in May 2018 during a funding round led by New Brunswick Innovation Foundation, with participation from Technology Ventures Corp. The firm has executed one deal to date. Avrij Analytics specializes in advanced AI-powered tools designed to enhance athlete mindset assessments and scouting processes within professional sports teams.


Their core product offerings include AI-driven analysis of athlete language and communication patterns, which provide insights into mental traits such as confidence, motivation, and decision-making ability. This innovative approach allows teams to move beyond traditional scouting methods, enabling a more accurate evaluation of a prospect's psychological readiness for competition. Avrij's tools have been adopted by various sports organizations, including Major League Baseball teams, particularly the Texas Rangers, who utilized Avrij's technology during their successful World Series campaign. The company primarily serves clients in the United States and aims for international market expansion.


Avrij Analytics generates revenue through partnerships and subscription-based agreements with sports organizations seeking to leverage its AI-powered technology for athlete evaluations. The business model involves providing clients with access to proprietary software, including features like the Pro Mindset Benchmark report that compares prospects’ mental traits against a database of elite athletes. Transactions typically occur on a contractual basis, where sports teams subscribe to service packages tailored to their scouting and drafting needs. Avrij Analytics plans to utilize the USD 1.


2 mn raised in May 2018 to enhance its product development and expand into new markets. The funding will support the launch of new AI tools aimed at further improving athlete assessment capabilities. The company is targeting international expansion, focusing on European and Asian markets by 2024, to meet the evolving needs of sports teams globally.


Current Investors

New Brunswick Innovation Foundation, Technology Ventures Corp

Primary Industry

Software

Sub Industries

Social Networking & Communication Platform, Analytics & Performance Software

Website

www.avrij.com

Verticals

Artificial Intelligence

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

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