Sportvision, Inc.
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Sportvision, Inc. - overview
Established
1998
Location
Chicago, IL, US
Primary Industry
Media
About
Based in the US, Sportvision, Inc. is a media company that specializes in sports analytics and performance tracking technologies, enhancing athletic performance and fan engagement through innovative solutions. Sportvision, Inc. operates in the sports technology sector, focusing on analytics and performance tracking.
Founded in 1998 and headquartered in Chicago, US, the company was acquired by SportsMEDIA Technology Corp. in October 2016, although financial terms remain undisclosed. Gerard Hall serves as both CEO and founder. Sportvision specializes in providing innovative solutions within the sports and entertainment sectors.
Their primary offerings include advanced analytics and performance tracking technologies aimed at enhancing athletic performance and fan engagement. These products employ cutting-edge sensor technologies and data analysis to offer real-time insights, assisting teams, coaches, and athletes in optimizing training and in-game strategies. Their solutions are marketed primarily in North America and Europe, catering to professional sports teams, leagues, amateur athletic organizations, and sports academies. Sportvision operates on a business-to-business (B2B) model, generating revenue through partnerships and subscriptions with sports organizations and media companies.
They structure transactions around service agreements that typically involve analytics services and technology solutions for various sporting events, often through annual contracts that include not only technology access but also ongoing support and analytics services. Their flagship offerings consist of proprietary performance tracking systems that utilize real-time data to enhance viewer engagement during live sports broadcasts. Specific pricing structures are established based on the scale of implementation and the needs of each client. Sportvision's future growth strategy includes the development of new products aimed at enhancing their analytics capabilities, with specific launch dates yet to be detailed.
The company is also targeting expansion into new markets, specifically focusing on increased presence in Europe and Asia by 2025. Recent funding from their VENTURE DEBT round in October 2016, amounting to USD 8. 00 mn with investors Comerica Bank and Escalate Capital, will support these initiatives, including product development and market expansion efforts.
Current Investors
SportsMEDIA Technology Corp., Multiplier Capital, Hercules Capital
Primary Industry
Media
Sub Industries
Professional Sports/eSports, Digital Media
Website
www.sportvision.com
Company Stage
Add-on
Total Amount Raised
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