Krossover Intelligence, Inc.

Krossover Intelligence, Inc. is a technology-driven company that specializes in video analysis and performance solutions for sports teams, delivering innovative tools that enhance coaching and athlete performance evaluation. Founded in 2008 and headquartered in New York, US, Krossover Intelligence, Inc. provides video analysis solutions for sports organizations.

The company raised USD 12. 72 mn in its Series B round on July 13, 2015, led by RSE Ventures and Admiral Capital Group. Over its history, Krossover has successfully closed 8 deals, with a current valuation of USD 49. 705 mn.

Krossover offers a suite of tools aimed at improving video analysis and performance for sports teams at all levels. Their products include smart cameras like the Focus Indoor and Focus Outdoor, which automatically capture and livestream games, alongside analysis tools such as Hudl Online and Sportscode for detailed performance assessments. Additionally, they provide athlete tracking through wearables like WIMU, scouting solutions, and fan engagement tools, catering to high schools, colleges, and professional sports organizations across North America, Europe, and parts of Asia. Krossover operates on a subscription-based revenue model, offering different access tiers to their video analysis tools.

Customers typically enter into annual agreements for products like Hudl Online and Sportscode. The company also partners with educational and sports organizations to provide customizable contract options. Their revenue is supported by flagship offerings such as the Hudl Focus camera system and the Hudl IQ analytics platform, ensuring a consistent revenue stream through recurring subscriptions and service agreements. In July 2015, Krossover secured USD 12.

72 mn in Series B financing, which has been allocated to enhance its product offerings and expand into new markets. The company is focused on developing new features and products to further improve video analysis capabilities. Plans are also in place for geographic expansion into Europe and Asia by 2023, aiming to increase market presence and customer base significantly. The recent funding will aid in these initiatives, positioning Krossover for future growth.