HEED Raises $35 Million to Build AI Platform Connecting Mobile Fans to the Best Moments in Sports

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Summary

NEW YORK--( BUSINESS WIRE )--HEED, a revolutionary new AI platform that illuminates the invisible insights behind key moments from live events, today announced a $35 million funding round led by SoftBank Group International.HEED, co-founded by AGT International and Endeavor, uses AI to identify a game’s most exciting moments and IoT-based data analytics to generate groundbreaking exclusive new insights and automatically deliver them in near real-time to fans’ mobile devices.This was the driving force behind our vision – to create a platform that uses AI and IoT to deliver the best and exclusive sports moments in near real time,” said HEED co-founder and owner of AGT International Mati Kochavi.“By leveraging AI and IoT, HEED has developed a unique platform that is changing the way fans watch and interact with sports,” said Alok Sama, President and CFO of SoftBank Group International.“HEED is taking a traditionally static experience and providing fans with deeper insights into the physical and emotional aspects of the sporting event by gathering and analyzing large, complex data in real time.

$ Funding

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Amount $35.0M Total raised
Date October 2, 2018 Announcement date
Investors - Lead investors
Company HEEDLive.com Funded company

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