CoachIQ Raises $1.3 Million Pre-Seed Round Led by Startup Ignition Ventures
Summary
Notable names include Tanner Scheppers, retired MLB pitcher; Jeff Hartings, retired NFL offensive lineman; Adam Menner, sports coaching business owner and CoachIQ customer; James Kovach, retired NFL linebacker; and Chris Magleby, a Utah-based entrepreneur and CEO of Mindless Labs, among others.CoachIQ, headquartered in San Diego, has strong ties to Utah and counts BYU graduate and football legend Steve Young among its formal advisors. Weve built out our insights in a very financially disciplined manner and were excited to be entering this next phase on a strong foundation, said Ryan Bua, CEO of CoachIQ.CoachIQ exemplifies the type of innovative and founder-driven companies we seek to invest in at Startup Ignition Ventures, said John Richards, managing partner of SIV. Were excited to support their journey and the impact theyre creating in the sports industry.Co-founded by Russell Reeder and Ryan Bua, both Division 1 linebackers for the UC Davis Aggies from 2013-2017, and CTO Corey Quick who played baseball for Wofford University, CoachIQs origin stems from upper level college sports.Ryan Bua recently sat down with TechBuzz to discuss CoachIQs backstory, its product, and the companys recent traction. Theyre uniquely positioned to guide athletes and their families through this mess and our mission is to empower sports coaching businesses to step into that role. Together, they built a platform designed to simplify the athletes journey by equipping sports coaching businesses with the tools they need to succeed.