About Slinger Bag
Slinger Bag is a company based in Milford Mill (United States) founded in 2015 was acquired by LAZEX in December 2019.. Slinger Bag has raised $11 million across 1 funding round from investors including LAZEX. The company has 8 employees as of December 31, 2022. Slinger Bag has completed 2 acquisitions, including GAMEFACE and PlaySight.
- Headquarter Milford Mill, United States
- Employees 8 as on 31 Dec, 2022
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$8.4 M-15as on Apr 30, 2024
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Net Profit
$-15.64 M78as on Apr 30, 2024
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EBITDA
$-6.44 M71as on Apr 30, 2024
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Total Equity Funding
$11 M (USD)
in 1 rounds
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Latest Funding Round
$11 M (USD), Series B
Aug 12, 2021
- Investors
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Employee Count
8
as on Dec 31, 2022
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Investments & Acquisitions
GAMEFACE
& 1 more
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Acquired by
LAZEX
(Dec 02, 2019)
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Funding Insights of Slinger Bag
Slinger Bag has successfully raised a total of $11M through 1 strategic funding round. The most recent funding activity was a Series B round of $11 million completed in August 2021. 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 — $11.0M
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First Round
First Round
(12 Aug 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series B - Slinger Bag | 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 Slinger Bag
Slinger Bag has secured backing from 1 investor. Prominent investors backing the company include LAZEX. 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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Offers a cryptocurrency trading and exchange platform.
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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 Slinger Bag
Slinger Bag has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include GAMEFACE and PlaySight. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AI-enabled video analysis is provided for football player performance tracking.
|
2014 | ||||
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Video automated smart court systems for sports analytics are provided.
|
2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Slinger Bag
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Slinger Bag Comparisons
Competitors of Slinger Bag
| 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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Frequently Asked Questions about Slinger Bag
When was Slinger Bag founded?
Slinger Bag was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Where is Slinger Bag located?
Slinger Bag is headquartered in Milford Mill, United States. It is registered at Milford Mill, Maryland, United States.
Is Slinger Bag a funded company?
Slinger Bag is a funded company, having raised a total of $11M across 1 funding round to date. The company's 1st funding round was a Series B of $11M, raised on Aug 12, 2021.
How many employees does Slinger Bag have?
As of Dec 31, 2022, the latest employee count at Slinger Bag is 8.
What is the annual revenue of Slinger Bag?
Annual revenue of Slinger Bag is $8.4M as on Apr 30, 2024.
What does Slinger Bag do?
Slinger was established in 2015 and is based in Milford Mill, United States. Operations focus on the sports equipment sector, where a variety of gear and accessories are developed and distributed. Products are made available through online channels via the domain slingerbag.com, serving customers primarily in North America and beyond. The companys activities emphasize practical solutions for recreational and competitive sports, with distribution handled through e-commerce platforms.
How many acquisitions has Slinger Bag made?
Who are Slinger Bag's investors?
Slinger Bag has 1 investor. Key investors include LAZEX.
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