About SportsEngine
SportsEngine is a company based in Minneapolis (United States) founded in 2008 was acquired by NBC Sports in July 2016.. SportsEngine has raised $49.29 million across 8 funding rounds from investors including Icon Ventures, NBC Sports and Piper Jaffray. SportsEngine has completed 6 acquisitions, including Advanced Event Systems, Beyond the Scores and Bracket Pal. SportsEngine offers products and services including SportsEngine HQ, SportsEngine Motion, SportsEngine Play, SportsEngine Tourney, and SportsEngine AES. SportsEngine operates in a competitive market with competitors including LeagueApps, Overtime, SportEasy, Stack Sports and Varsity News Network, among others.
- Headquarter Minneapolis, United States
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Sectors
Media & Entertainment
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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 Sportsengine, 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
$49.29 M (USD)
in 8 rounds
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Latest Funding Round
$35 K (USD), Seed
Jun 22, 2018
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Investors
Icon Ventures
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
Advanced Event Systems
& 5 more
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Acquired by
NBC Sports
(Jul 01, 2016)
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Products & Services of SportsEngine
SportsEngine offers a comprehensive portfolio of products and services, including SportsEngine HQ, SportsEngine Motion, SportsEngine Play, SportsEngine Tourney, and SportsEngine AES. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for clubs and leagues to handle registrations and payments.
Software for gyms and studios to manage classes and schedules.
App for streaming events and creating athlete highlights.
System for scheduling and running sports brackets.
Tool for volleyball events and online registrations.
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Software Development Team
168 people
Leadership Team
165 people
Product Management Team
89 people
Sales and Marketing
53 people
Human Resources and Administration
50 people
Data Analysis and Operations Team
26 people
Creative and Marketing Team
26 people
Legal and Compliance
22 people
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Funding Insights of SportsEngine
SportsEngine has successfully raised a total of $49.29M across 8 strategic funding rounds. The most recent funding activity was a Seed round of $35 thousand completed in June 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 8
- Last Round Seed — $35,000
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First Round
First Round
(12 Jun 2009)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Seed - SportsEngine | Valuation |
investors |
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| Jul, 2014 | Amount | Series D - SportsEngine | Valuation |
investors |
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| Apr, 2013 | Amount | Series C - SportsEngine | Valuation |
investors |
| 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 SportsEngine
SportsEngine has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Icon Ventures, NBC Sports and Piper Jaffray. 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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Growth-stage investments are made in sports media and technology firms.
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Founded Year | Domain | Location | |
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Sector-agnostic growth stage VC investment company funding companies in the US and Asia
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Founded Year | Domain | Location | |
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Early-stage US investments in tech and offline sectors are targeted.
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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 SportsEngine
SportsEngine has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Advanced Event Systems, Beyond the Scores and Bracket Pal. 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 |
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based SaaS solutions for youth athletics events are offered.
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2011 | ||||
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Cloud-based tools for managing amateur sports leagues are provided.
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2011 | ||||
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Web and mobile platforms for soccer team management are developed.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SportsEngine
| 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 |
Sportsengine Comparisons
Competitors of SportsEngine
SportsEngine 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 LeagueApps, Overtime, SportEasy, Stack Sports and Varsity News Network, 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 |
Offers sports league management and registration software
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| domain | founded_year | HQ Location |
Sports content is produced and shared across multiple digital platforms.
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| domain | founded_year | HQ Location |
Sports team and club management is enabled via web-based software.
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| domain | founded_year | HQ Location |
SaaS-based platform for sports team and event management is developed.
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| domain | founded_year | HQ Location |
Software solutions for sports team management and events are offered.
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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 Sportsengine
Frequently Asked Questions about SportsEngine
When was SportsEngine founded?
SportsEngine was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is SportsEngine located?
SportsEngine is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Is SportsEngine a funded company?
SportsEngine is a funded company, having raised a total of $49.29M across 8 funding rounds to date. The company's 1st funding round was a Series C of $6M, raised on Jun 12, 2009.
What does SportsEngine do?
Founded in 2008 in Minneapolis, United States, SportsEngine operates as a platform in the sports management sector. Online tools and mobile applications are provided for team and tournament management, including scheduling, communication, scoring, statistics, and standings. Operations are supported for local organizations and national bodies such as USA Hockey and USA Wrestling. Acquisitions of e7sports in 2014 and Advanced Event Systems in 2015 have been completed to expand capabilities.
Who are the top competitors of SportsEngine?
SportsEngine's top competitors include LeagueApps, Overtime and SportEasy.
What products or services does SportsEngine offer?
SportsEngine offers SportsEngine HQ, SportsEngine Motion, SportsEngine Play, SportsEngine Tourney, and SportsEngine AES.
How many acquisitions has SportsEngine made?
SportsEngine has made 6 acquisitions, including Advanced Event Systems, Beyond the Scores, and Bracket Pal.
Who are SportsEngine's investors?
SportsEngine has 5 investors. Key investors include Icon Ventures, NBC Sports, Piper Jaffray, Causeway, and El Dorado Ventures.
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