About Second Spectrum
Second Spectrum is a company based in Los Angeles (United States) founded in 2013 by Rajiv Maheswaran was acquired by Genius Sports in May 2021.. Second Spectrum has raised $20.1 million across 1 funding round from investors including Genius Sports. The company has 42 employees as of December 31, 2016. Second Spectrum operates in a competitive market with competitors including Sportradar, Genius Sports, StatsBomb, PandaScore and GVC Holdings, among others.
- Headquarter Los Angeles, United States
- Employees 42 as on 31 Dec, 2016
- Founders Rajiv Maheswaran
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Sectors
Media & EntertainmentTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Second Spectrum, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20.1 M (USD)
in 1 rounds
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Latest Funding Round
$20.1 M (USD), Series B
Feb 28, 2018
- Investors
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Employee Count
42
as on Dec 31, 2016
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Acquired by
Genius Sports
(May 07, 2021)
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Funding Insights of Second Spectrum
Second Spectrum has successfully raised a total of $20.1M through 1 strategic funding round. The most recent funding activity was a Series B round of $20.1 million completed in February 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $20.1M
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First Round
First Round
(28 Feb 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Series B - Second Spectrum | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Second Spectrum
Second Spectrum has secured backing from 1 investor. Prominent investors backing the company include Genius Sports. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Web-based platforms for sports betting management are developed.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Second Spectrum
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Second Spectrum
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Second Spectrum Comparisons
Competitors of Second Spectrum
Second Spectrum operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sportradar, Genius Sports, StatsBomb, PandaScore and GVC Holdings, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-driven data solutions for sports applications are developed and subscribed.
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| domain | founded_year | HQ Location |
Web-based platforms for sports betting management are developed.
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| domain | founded_year | HQ Location |
Performance analytics platform for soccer is provided using proprietary data.
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| domain | founded_year | HQ Location |
Provider of real-time game statistics platform
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| domain | founded_year | HQ Location |
Provider of sports data as a servcie platform
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| domain | founded_year | HQ Location |
Customer data platform for businesses operating in sports and entertainment industry
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Second Spectrum
Frequently Asked Questions about Second Spectrum
When was Second Spectrum founded?
Second Spectrum was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is Second Spectrum located?
Second Spectrum is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Second Spectrum?
Rajiv Maheswaran is the current CEO of Second Spectrum. They have also founded this company.
Is Second Spectrum a funded company?
Second Spectrum is a funded company, having raised a total of $20.1M across 1 funding round to date. The company's 1st funding round was a Series B of $20.1M, raised on Feb 28, 2018.
How many employees does Second Spectrum have?
As of Dec 31, 2016, the latest employee count at Second Spectrum is 42.
What does Second Spectrum do?
Second Spectrum collects, curates, analyzes and provides compelling content, stories and software to sports teams, media and venues. Its product offerings include Eagle platform for sports teams that deliver data, analytics, visualization, and video solutions and DataFX for media which integrates statistics and special effects to create new video and digital content. Also, DataFX technology helps to create new forms of content, match highlights player and team achievements on a venues video boards. Furthermore, it helps in the development of interactive apps that allow fans to visually deep dive into the statistics and analytics behind the game. Two-time winner of the Best Research Alpha Award at the acclaimed MIT Sloan Sports Analytics Conference.
Who are the top competitors of Second Spectrum?
Second Spectrum's top competitors include Sportradar, Genius Sports and StatsBomb.
Who are Second Spectrum's investors?
Second Spectrum has 1 investor. Key investors include Genius Sports.