Tech Company Financing Transactions
Kitman Labs Funding Round
Kitman Labs closed a $52 million funding round on 11/6/2021. Investors included Guggenheim Partners and private investors.
Transaction Overview
Company Name
Announced On
11/6/2021
Transaction Type
Venture Equity
Amount
$52,000,000
Round
Undisclosed
Investors
Guggenheim Partners (Lead Investor) (Rory Twomey)
Proceeds Purpose
Kitman Labs will leverage the new capital in three specific ways: Investment in data science and development of its platform to help teams consolidate more data from across their organization into a single platform, improve and automate workflows for all departments in a sports team, and turn data into powerful intelligence. Growth of the global team to accelerate product development and continue the growth of the domain experts that understand the unique challenges of a team environment and help to tailor their platform and insight based on each team's style of play, system and goals. Following a year of 56% growth in global headcount, grow its current team of 125 by 100 people, an 80% increase in the size of the company. Furthering its industry-leading research effort to help sports, medical and technology professionals better understand the power of data in sport.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
405 El Camino Real 440
Menlo Park, CA 94025
USA
Menlo Park, CA 94025
USA
Phone
Website
Email Address
Overview
We are a team of sports scientists and software engineers working together to build world class products for the most demanding industry in the World -- professional sport.
Management Team
Title
Name
Email & Social
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