SportsVisio Announces $3.1 Million in Seed Funding to Scale Revolutionary Sports AI Technology
Manchester, NH October 11, 2022 – SportsVisio (Sportsvisio.com), an industry leader in sports artificial intelligence (AI) technology, announced the closing of a $3.1 million seed round led by Hyperplane Venture Capital this week. Along with participation from additional strategic investors, the funds are being directed toward scaling the company’s Computer Vision AI technology to automate statistics, analytics and video highlights for sports, starting with basketball.
In addition to Hyperplane, SportsVisio’s round included participation from Geek Ventures, Sovereign’s Capital and a number of strategic investors/groups.
John Murphy, Founder & Managing Partner at Hyperplane shared that “with the advances in edge devices over the past several years, we’ve seen a dramatic decrease in the cost to deploy computer vision applications at scale. We’re excited that SportsVisio is able to leverage this to bring sophisticated, professional quality stat tracking to amateur leagues at a price point that makes sense.”
SportsVisio’s team has now grown to over 20 members, building world class technology and launching with customers this fall.
“Athletes, coaches and fans at all levels want insights about player and team performance, along with easily shareable content on social media,” said SportsVisio Founder and CEO Jason Syversen. “With our most recent raise, we can democratize access by using AI to automatically generate stats and highlights for underserved players; basketball is just the start.”
SportsVisio’s revolutionary AI brings pro-level clarity and performance insights to all-levels of sports, using the power of a proprietary AI to capture accurate statistics and repostable highlights from real-time game footage. A major benefit of adopting SportsVisio’s technology is the significant money saved by automating the labor associated with keeping manual stats for games and editing clips and top plays afterwards.
The SportsVisio team is hiring for a number of exciting roles, including UI/UX Product Designers, Full Stack Developers, and AI & Machine Learning Talent. Interested candidates can reach out to [email protected]
Media Contact: Jack Potvin, [email protected] , 603-560-6233
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