Analytics Group ShotTracker Closes $10.4M Financing Round
Basketball analytics outfit ShotTracker has closed a $10.4M Series A financing round led by Ward Ventures and includes longtime advisor and NBA Commissioner Emeritus David Stern, Greycroft Partners, former MLBer Ryan Howard, KC Rise Fund, Irish Angels, SeventySix Capital and Elysian Park Ventures, the investment arm operated by the Dodgers’ ownership group. The round brings ShotTracker’s total funding to date to more than $21M. The company, which also participated in ’16 in the Dodgers’ Accelerator Program with R/GA Ventures, intends to use the fund toward growth and installations of its technology in additional courts. ShotTracker’s real-time analytics involve sensors in court rafters, the ball and individual players.