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Tag Archive SportsTech

Suburban Chicago VC Firm Raises $40M to Invest in Sports Tech

Chicago is undeniably a sports town. But it’s also a sports-tech town, as it’s home to major sports technology companies like STATS, Zebra Technologies and Vivid Seats. Chicago is also home to Sportvision, a graphics company best known for inventing the yellow first down marker in football broadcasts.

To invest in the burgeoning sports-tech scene in Chicago and around the country, VC fund KB Partners announced Monday that it raised a $40 million fund to invest in early-stage startups.

The Highland Park-based firm, calling its new fund the KB Partners Myriad Opportunity Fund, will invest in connected fitness, health and wellness tech, as well as e-sports, fantasy sports and sports betting, a sector that is expected to grow considerably now that sports betting is legal in Illinois. KB Partners said it plans to lead or co-lead Seed and Series A rounds for sports tech startups through the new fund.

The firm, founded in 1996, is led by Keith Bank, Steve Ahern and Lance Dietz. The Myriad Opportunity is the firm’s latest fund. Previously, KB Partners has invested in successfully exited startups, such as Club Champion, Buddy Media and Exacq.

So far, KB Partners has invested in the following sports-tech companies from around the country:

  • ANGLR: A Pittsburgh-based company that has developed a hardware- and-software powered fishing intelligence network to help avid anglers optimize their time on the water
  • Asensei: A San Francisco-based company focused on disrupting how people train and practice via a virtual AI- enabled “connected coaching” platform
  • Hammerhead: A New York City-based company focused on revolutionizing how cyclists navigate, train, and connect via a revolutionary hardware and software platform
  • StreamLayer: A Chicago-based software company that seeks to change how video content is consumed and monetized
  • Upcomer: An LA-based company that provides an e-sports community and content platform to keep fans and participants updated and engaged
  • Workforce Athletics: A San Francisco-based corporate wellness and culture company that is building a highly curated and centralized platform for team sports participation and engagement in the workplace
  • XY Gaming: A San Francisco-based e-sports infrastructure company utilizing its proprietary technology platform to redefine how gamers compete

SOURCE: AmericanINNO – Chicaco
LINK: https://www.americaninno.com/chicago/inno-news-chicago/suburban-vc-firm-raises-40m-to-invest-in-sports-tech/

New Client Intake

Athletic Venture Advisors will be accepting new startup and small business clients for consulting on many services including seeking investors and capital. We focus on sports, sporting goods, sports technology, fitness, nutrition, healthcare and injury prevention companies who are making a difference in their field.

AVA will be closing on some major projects very soon, as well as bringing on new advisors to expand our reach.

Because of this we will be bringing on new Startup and Small Business Clients who are preparing and seeking Funding or looking for assistance in Business Development and Strategic Partnerships. Have an interesting business in Sports, Sports-Tech, Healthcare, Fitness and Nutrition or related channels? Submit your business profile here:

GUARDLAB ANNOUNCES NEW HOCKEY AMBASSADOR, NHL FORWARD, JAMES VAN RIEMSDYK

NEW YORK, Feb 14, 2019 — GuardLab® a New York – based custom mouthguard company specializing in 3D technology and 3D printing announces today a new Hockey Brand Ambassador, NHL forward James van Riemsdyk of the Philadelphia Flyers. Van Riemsdyk joins a diverse and talented spec trum of passionate and dedicated athletes, who believe in the quality of GuardLab products and our modern technology to improve the way athletes protect their teeth.

GuardLab uses 3D technology, powered by 3Shape, to make the most accurate fitting mouth guards, coupled with a proprietary Alignment Repositioning Cushion (ARC™Technology) that can help to increase oxygenation, reduce TMJ tension and stabilize the head, neck and jaw muscles during training and competition.

The American – born hockey player, a lso known as JVR , grew up in Middletown, NJ and experienced an orofacial injury early in his career while playing minor hockey. Since that time, and for several years since, Van Riemsdyk has been wearing a lime green dentist – made custom mouthguard to prote ct his teeth, trying out different custom guards from his dentists. Custom fit mouthguards offer the best in protection, however, the styles and thicknesses can vary from dentist to dentist and traditional putty impressions are required for every new guard .

After getting 3D scanned for an ARC – PRO Guard in 2018, van Riemsdyk was surprised by the ease, comfort, and accuracy of 3Shape TRIOS and the soft, thinner protective mouthguard made by GuardLab.

“I first got scanned for my GuardLab mouthpiece this past summer and the process couldn’t have been easier. It only took about ten minutes to do the 3D scan, so you don’t have to deal with the messy putty, clearly the technology is way better. I feel like that [process] allowed for a better fit, and now I find that my mouthguard is in my mouth more often than hanging out of the side of it. Not only was the process way easier, but the product is way better than what I’ve had in the past” said NHL forward, James van Riemsdyk .

Without major changes to his teeth, the same digital impression can be used to make as many mouthguards as JVR needs, sent directly to the athlete or organization in a matter of days. What was once a common site to see van Riemsdyk chewing his lime green mouthguard, may now become a thing of the past with GuardLab.​

Van Riemsdyk’s career includes over 650 NHL games played with the Philadelphia Flyers (2009 – 2012 and 2018 – to present) and the Toronto Maple Leafs (2012 – 2017). JVR is an exciting Hockey Brand Ambassador for GuardLab, as an active goal scorer with over 216 goals and 205 assists to – date, and counting.

About GuardLab, Inc.

GuardLab is a sports technology company changing the way you protect your teeth. We use 3D technology and 3D printing to create premium products that are accurate and comfortable, while being the most scientifically advanced – all at a fraction of what you would pay at the dentist, and available from the comfort of your home. GuardLab has partners and clients across all major professional and collegiate sports leagues including the NFL, NBA, MLB, NHL, UFC, MLL and NCAA – including the multi – time and current Super Bowl Champion New England Patriots, the NCAA National Champion UNC Men’s Basketball, as well as the Vancouver Giants, Syracuse Crunch, Philadelphia Eagles, Tennessee Titans, Toronto Blue Jays, Toronto Argonauts, Toronto Raptors, Denver Nuggets, AFL League and many more.

To learn more about GuardLab’s Dental Network or to find a 3D Scan Location near you, visit guardlab.com

Follow GuardLab on Facebook, Twitter and Instagram @guardlab

#guardlab #BrandAmbassador #JVR #vanRiemsdyk #NHL #hockey #PhiladelphiaFlyers

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