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
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.
Profile
Kitman Labs LinkedIn Company Profile
Social Media
Kitman Labs Company Twitter Account
Company News
Kitman Labs News
Facebook
Kitman Labs on Facebook
YouTube
Kitman Labs on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Stephen Smith
  Stephen Smith LinkedIn Profile  Stephen Smith Twitter Account  Stephen Smith News  Stephen Smith on Facebook
Chief Financial Officer
Lisa D'Alençon
  Lisa D'Alençon LinkedIn Profile  Lisa D'Alençon Twitter Account  Lisa D'Alençon News  Lisa D'Alençon on Facebook
VP - Operations
Kevin McLaughlin
  Kevin McLaughlin LinkedIn Profile  Kevin McLaughlin Twitter Account  Kevin McLaughlin News  Kevin McLaughlin on Facebook
VP - Product Management
Mark Hill
  Mark Hill LinkedIn Profile  Mark Hill Twitter Account  Mark Hill News  Mark Hill on Facebook
VP - Sales
Tiffany Riley
  Tiffany Riley LinkedIn Profile  Tiffany Riley Twitter Account  Tiffany Riley News  Tiffany Riley on Facebook


 

 

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Prev: 11/6/2021: Ethyca venture capital transaction
Next: 11/6/2021: Gro Biosciences venture capital transaction

 

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