What is Shoot 360?
Founded in 2012 by Craig Moody, Shoot 360 is at the forefront of basketball development, leveraging advanced interactive technology to enhance athlete training. The company operates training centers across the United States, offering an immersive experience that quantifies improvements in shooting, ball handling, and passing through sophisticated training tools and performance metrics. Shoot 360 aims to maximize player potential while fostering an enjoyable training environment, positioning itself as a leader in the future of basketball.
How much funding has Shoot 360 raised?
Shoot 360 has raised a total of $3.5M across 4 funding rounds:
Private Equity
$800K
Debt
$150K
Debt
$333K
Series B
$2.3M
Private Equity (2013): $800K, investors not publicly disclosed
Debt (2020): $150K led by PPP
Debt (2021): $333K supported by PPP
Series B (2021): $2.3M featuring Sue Bird and Trae Young
Key Investors in Shoot 360
Sue Bird
Sue Bird is a prominent figure in professional basketball, likely bringing significant industry insight and strategic guidance to Shoot 360's development.
Trae Young
Trae Young, a notable NBA player, is expected to contribute to Shoot 360's strategic vision, potentially focusing on athlete performance and market appeal.
PPP
Public-Private Partnership
What's next for Shoot 360?
The recent major strategic investment signals a new phase of expansion and technological advancement for Shoot 360. This capital infusion is expected to fuel further development of its proprietary interactive technology, potentially enabling broader market penetration and the establishment of new training facilities. The company's focus on data-driven athlete improvement, combined with its unique training methodology, positions it for sustained growth in the competitive sports technology sector. Future initiatives may include enhanced analytics capabilities and expanded training programs.
See full Shoot 360 company page
