SportAI Raises $1.8 Million in Seed Round
SportAI, an Oslo, Norway-based B2B sports technology company, has raised $1.8 million in seed funding.
The funding round was led by Skyfall Ventures, with additional contributions from MP Pensjon, Dekel Valtzer, Sverre Munck, and previous investor Magnus Carlsen.
Skyfall Ventures is a seed-stage venture capital firm based in Oslo, Norway. The firm invests in Nordic seed-stage technology companies. The firm was established in 2016, and invested under the Skyfall umbrella since 2014.
The company will use the funds to accelerate technology development and expand its market presence.
SportAI leverages artificial intelligence to enhance sports technique coaching, commentary, and analysis. The company offers a cloud-based SaaS platform that integrates with various video sources—such as mobile phones, cameras, and broadcast feeds—to provide real-time, personalized feedback on sports techniques like golf and tennis swings. Using machine learning, computer vision, and biometric technology, SportAI’s platform compares an individual's technique with thousands of other players, including top professionals, delivering detailed written and visual analysis.
Funding Details
Company: SportAI
Raised: $1.8M
Round: Seed Round
Funding Date: August 2024
Lead Investor: Skyfall Ventures
Additional Investors: MP Pensjon, Dekel Valtzer, Sverre Munck, Magnus Carlsen
Company Website: https://www.sportai.com/
Software Category: Sports AI Technique Analysis