SportsVisio – a new AI-powered software company bringing image-based deep learning to the sports analytics space – recently announced a $3 million seed round led by Sapphire Sport, a first-of-its-kind early-stage investment platform at the intersection of tech, media, entertainment, and sport. SportsVisio’s AI technology is bringing augmented reality to the amateur sports level, allowing players, coaches, and parents to record any game or live event on their smartphone and enabling users to stream live, review statistics, access insightful analytics, and create real-time highlights.
The cost-effective platform-agnostic technology applies AI and computer vision, with no additional hardware, to automate statistical analysis and content creation faster and more seamlessly than ever before.
SportsVisio was created in 2021 by CEO Jason Syversen and a veteran team. Jason and COO Samuel Corbitt previously co-founded Siege Technologies and Jason and CTO Dan Oblinger, both DARPA alums, have previously created several startups. The $3 million seed round, led by Sapphire Sport, is being used to further develop their next-generation AI technology and grow their sales team as they continue to scale a revenue operation that includes current partnerships with leagues and media properties.
The SportsVisio platform applies AI and computer vision to automate analysis and content creation for observers, participants, and coaches. And SportsVisio helps its users collect and display highlights seamlessly. Plus, the technology analyzes stats for individual players and teams, creating profiles and “lockers” in which games and highlights can be viewed, stored, and distributed across various social media channels. Lastly, the technology serves to help teams and players improve their abilities through collaborative coaching functionalities.
Sapphire Sport – a first-of-its-kind early-stage investment platform at the intersection technology, media, entertainment, and sport – announced a $181 million second fund vehicle earlier this year to invest in companies like SportsVisio, companies using technology to power the next generation of consumer behavior across sports, media and digital commerce. And this is Sapphire Sport’s second investment from Fund II. Their first fund vehicle includes investments in companies like Overtime, Fevo, and Tonal.
KEY QUOTES:
“AI is the future of how we develop technology to create more seamless, integrated products for a generation of consumers who expect professional capabilities in the palm of their hands. This product is going to change how players train, how coaches recruit and how leagues compete at every level of the game. We’re thrilled to have partners like Sapphire Sport on board who believe in democratizing access to sports video and analytics for everyone.”
– SportsVisio Founder and CEO Jason Syversen
“The market is crying for a new solution that captures the next generation of athletes and brings high-tech capabilities to the consumer sports analytics space. SportsVisio is developing a next generation product and tapping into the future of how amateur and collegiate athletics are utilizing content to better their game.”
– Doug Higgins, Co-Founder of Sapphire Sport