How Much Did Statuspro Raise?
Funding & Key Investors

Statuspro, a sports technology innovator, has recently secured a significant strategic investment as part of a major enterprise-level funding initiative. This latest capital infusion follows a prior seed round, underscoring the company's trajectory in revolutionizing sports training and fan engagement through advanced data and immersive technologies. The total funding amount for Statuspro is represented by $25.2M, with the most recent funding event contributing $20M to its growth.

What is Statuspro?

Statuspro
SoftwareMultimedia, Games & Graphics Software

StatusPRO, Inc. is a pioneering sports technology firm headquartered in Miami, FL, that merges sophisticated data analytics with augmented and virtual reality to create transformative training and gaming products. The company's proprietary technology, utilized by multiple NCAA and NFL teams including the Baltimore Ravens, simulates practice and game scenarios without physical impact, offering players an enhanced training experience. Beyond athlete development, StatusPRO aims to redefine fan engagement by providing immersive, close-to-the-game experiences accessible both in-stadium and remotely. The company is notably minority-owned and led, with a significant portion of its US-based workforce comprising former athletes, reflecting a deep connection to the sports world.

How much funding has Statuspro raised?

Statuspro has raised a total of $25.2M across 2 funding rounds:

2021

Angel/Seed

$5.2M

2024

Series A

$20M

Angel/Seed (2021): $5.2M with participation from KB Partners and TitletownTech

Series A (2024): $20M, investors not publicly disclosed

Key Investors in Statuspro

KB Partners

KB Partners is a venture capital firm specializing in investments at the intersection of sports and technology, leveraging extensive experience and networks to support early-stage companies.

TitletownTech

TitletownTech, a venture capital firm formed by the Green Bay Packers and Microsoft, focuses on scalable, early-stage ventures in emerging technologies and digital health, providing capital and expertise to foster innovation.

What's next for Statuspro?

With the recent major strategic investment, Statuspro is poised to accelerate its mission to become the definitive experiential training platform across all levels of athletic competition. This enterprise-level funding is expected to fuel further development of its immersive technologies, expand its reach within professional and collegiate sports leagues, and enhance its fan engagement products. The company's strategic partnerships, including those with NFL MVP Lamar Jackson and the NFL Players Association, are likely to be leveraged to broaden its market penetration and solidify its position as a leader in sports tech innovation. Future growth will likely focus on scaling its operations and integrating its AR/VR solutions into broader sports ecosystems.

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Frequently Asked Questions Regarding Statuspro Financial Insights

What are the most recent funding rounds that Statuspro has completed, and what were the funding rounds?
Statuspro has recently completed 2 funding rounds: Series A on Feb 4, 2024, Angel/Seed on Aug 12, 2021.
What is the total amount of funding Statuspro has raised to date?
Statuspro has raised a total of $25.2M in funding to date.
How many funding rounds has Statuspro completed?
Statuspro has completed 2 funding rounds.
How much funding did Statuspro raise in its most recent funding round?
Statuspro raised $20M in its most recent funding round.
Which was the largest funding round in Statuspro's history?
The largest funding round in Statuspro's history was $20M.
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