7 SaaS Startups in the Sports Industry

January 24, 2023

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SaaS startups have become the darling of Venture Capital investors, especially in the Sports industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 7 VC funded SaaS startups in the Sports industry.

Chalkline

Through scalable, tailored, localized white-label free-to-play games, BettorGames Platform helps operators and affiliates increase their consumer base. Sports betting business growth is accelerated in weeks rather than months by best-in-class BettorBI player analytics. Operators like Churchill Downs/TwinSpires, JACK Entertainment and Resorts, and media businesses like Gannett, NESN, and Covers are just a few of our clients.

Company details:
Founders:
Daniel Kustelski, Jason Foster, Joe Kustelski
Founded:
2016
Based in:
Nashville, Tennessee, United States
Website:
Chalkline
Industries:
Analytics, Gambling, Gaming, Media and Entertainment, SaaS, Sports
Latest funding:
$2,700,000
Series A
24 August 2021
Total funding:
$4,000,000
Investors
Parlay Capital Holdings, Afshin Yazdian, Clay Travis, Andrew Braitchouk, Patrick Conroy

Data Skrive

For the sports sector and sportsbooks, DataSkrive is a SaaS that creates digital content/articles that are geared for social media. ESPN, Associated Press, and NASCAR are some of our current clients. Without the requirement for editorial curation, customers input timely data sets that are instantly converted into computer-generated articles and published online. Millions of pieces, including previews of games and events as well as outcomes, may be created every day and released online. In addition to vastly expanding the amount of events that can be covered, each piece costs a fraction of what a human-generated method would. Utilizing specialized social media optimization approaches, consumer engagement is increased.

Company details:
Founders:
Brad Weitz, Gregg Bennett, Jordan Nilsen
Founded:
2013
Based in:
Seattle, Washington, United States
Website:
Data Skrive
Industries:
Digital Media, Gambling, News, Publishing, SaaS, Sports
Latest funding:
$6,285,000
Series A
16 August 2021
Total funding:
$6,285,000
Investors
Puget Sound Venture Club, Bettor Capital

inSTREAMLY

Brands and streamers may connect through the automated streamer management tool called inSTREAMLY. Micro-sponsorships enable streamers to subtly monetize their programming while providing businesses with a novel method to engage Generation Z. Streamcoi is an esports organization, MCN, agency, and tournament organizer-focused SaaS branch.

Company details:
Founders:
Damian Konopka, Maciej Sawicki, Szymon Kubiak, Wiktoria Wójcik
Founded:
2018
Based in:
Warsaw, Mazowieckie, Poland
Website:
inSTREAMLY
Industries:
Advertising, eSports, Gaming, SaaS, Software, Video Streaming
Latest funding:
$1,318,312
Seed
14 April 2021
Total funding:
$1,553,852
Investors
Colopl Next, PKO BP, Supernode Global, PKO VC, SMOK Ventures

LeagueApps

LeagueApps is dedicated to a future in which all children and communities may benefit from sports. It is the operating system and professional network for the most entrepreneurial young people and neighborhood sports organizers, giving them the answers they need to flourish. It is a New York City product. Along with professional clubs, leagues, and athletes, LeagueApps collaborates with hundreds of renowned youth sports groups that are rapidly expanding. LeagueApps promotes and bolsters the youth sports sector with its software and NextUp platform, which offers organizers chances for networking and leadership development. It also oversees FundPlay, a charitable initiative that supports youth development initiatives centered on sports in underprivileged areas.

Company details:
Founders:
Brian Litvack, Steve Parker
Founded:
2010
Based in:
New York, New York, United States
Website:
LeagueApps
Industries:
Local, SaaS, Small and Medium Businesses, Software, Sports
Latest funding:
$15,000,000
Series B
19 July 2021
Total funding:
$35,000,000
Investors
Contour Venture Partners, Hamilton Lane, Red Sea Ventures, Major League Baseball - (MLB), Elysian Park Ventures

Maestro Interactive Inc

Maestro offers enterprise live broadcasters a white-label platform to own, interact with, and profit from their audiences. We concentrate on engagement solutions that encourage activities at crucial times and collect user information for use in analytics and marketing efforts. Microsoft, PlayStation, E3, ESL, Capcom, WB Games, ELEAGUE, and other companies are among the clients.

Company details:
Founders:
Ari Evans
Founded:
2011
Based in:
Reno, Nevada, United States
Industries:
eSports, SaaS, Video, Video on Demand, Video Streaming
Latest funding:
$15,000,000
Series B
2 March 2021
Total funding:
$20,800,000
Investors
500 Global, NetEase, StartX (Stanford-StartX Fund), Kevin Lin, Scrum Ventures

NOCAP Sports

NOCAP brings athletes, brands, and agencies together by giving them the resources they need to work together securely, quickly, and successfully. Athlete marketing initiatives have never been easier to develop, organize, measure, or grow thanks to our turnkey system.

Company details:
Founders:
Casey Floyd, Nicholas Lord, Stan Golubtsov
Founded:
2020
Based in:
Philadelphia, Pennsylvania, United States
Website:
NOCAP Sports
Industries:
Creative Agency, Marketing, SaaS, Sponsorship, Sports
Latest funding:
$2,500,000
Seed
10 November 2021
Total funding:
$2,500,000
Investors
Florida Funders, Florida Institute of Technology, Omar Soliman, Acquired Wisdom Fund, Sam Li

TeamGenius

TeamGenius, an athlete evaluation and player development company, is changing the way sports clubs and leagues run tryouts, camps, player feedback and development programs by replacing the archaic paper and spreadsheet methods with a cloud based web and mobile solution. This saves coaches and administrators dozens of hours of busy work, reduces errors and bias, aids in proper team formation, and gives them a competitive advantage through player development and feedback.

Company details:
Founders:
Chris Knutson, Todd Larson
Founded:
2015
Based in:
Minneapolis, Minnesota, United States
Website:
TeamGenius
Industries:
Cloud Management, Information Technology, SaaS, Software, Sports
Latest funding:
$1,100,000
Seed
10 August 2021
Total funding:
$2,262,000
Investors
MATH Venture Partners, gbeta, Great North Ventures, Groove Capital, Daren Cotter

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