Kitman Labs Raises $52M To Redefine How Sports Industry Uses Data To Drive Performance
Summary
Elite sports leagues and teams are collecting record amounts of player data from wearables, tracking systems, and legacy point solutions often used by a single department. Kitman Labs has created an operating system for sport that enables organizations to consolidate and transform data from point solutions into actionable, team-specific insights with advanced analytics that guide collaborative decisions about talent strategies, performance, health and safety, and youth development. Our fully-scalable operating system for sport bridges the gap between legacy software, trackers and wearables, consolidating them into one centralized platform that creates real-time insights that improve performance on and off the field," said Stephen Smith, founder and CEO, Kitman Labs. "With the support of Guggenheim Investments, we can scale the company faster to create the industry standard solution and accelerate ongoing innovation to stay ahead of the rapidly changing market requirements in sport." "Given their customer growth in the last year, its clear the market demand for this new way of operating is accelerating and we have confidence in Kitman Labs vision and the unique ability of the team to innovate and capitalize on the significant opportunity ahead of them."