StatMuse Announces $10 Million Series A Funding to Expand Its Interactive Sports Media Platform
Investors Include Techstars, The Walt Disney Company, Former NBA Commissioner David Stern, Allen & Company, Greycroft Partners, and Bee Partners
SAN FRANCISCO, CA — January 27th, 2016 — StatMuse Inc., an interactive sports media platform powered by natural language search, today announced a $10 million Series A investment with participation from Techstars, The Walt Disney Company (through a subsidiary), Allen & Company, Greycroft Partners, Promus Ventures, Haas Portman, Deep Fork Capital, and Bee Partners.
In addition, the investment round included notable sports media figures such as former NBA commissioner David Stern and United Talent Agency.
“Sports is, by itself, the international language, but StatMuse has taken a giant leap forward, transforming sports statistics into meaningful, storytelling prose,” said David Stern.
StatMuse was founded by childhood friends and former high school basketball co-captains Eli Dawson (CEO) and Adam Elmore (CTO). They launched a private beta in the fall of 2014 to instant fanfare with the initial demo video reaching over 120 countries in the first 48 hours.
“We built a product for fellow sports fans interested in statistics and visual media. StatMuse is our vision for a highly engaging media platform that fuels sports discussion anywhere in the world,” Dawson said.
In 2015, StatMuse was one of 10 companies selected to participate in the prestigious Disney Accelerator program. The company launched a public beta in the fall and signed a content deal with ESPN to provide statistical content for the 2015–16 NBA season.
“StatMuse offers snackable content that can be crowdsourced, curated, and syndicated to serve every type of sports fan. Just look at the user reactions on social media — this is a product that sports fans love,“ said Mark Solon, Managing Partner at Techstars who has joined StatMuse’s Board of Directors in conjunction with the financing.
StatMuse plans to use the investment to expand into new sports and broaden the reach of its sports media and entertainment platform in 2016.
About StatMuse Inc.
StatMuse Inc. is an interactive media platform for sports fans to search, share and discover sports, powered by natural language search technology.
StatMuse uses artificial intelligence to provide engaging, visual answers to every sports fan’s must-know sports questions, instantly. On StatMuse, every search result is a piece of content and every sports fan is a content creator.