Sport Ngin Secures $25M in Series D Financing

sportnginSport Ngin, a Minneapolis, MN-based developer of a platform for youth and amateur sports in North America, secured $25m in its Series D round of financing.

The round was led by Piper Jaffray Merchant Banking and Causeway Media Partners with participation from existing investor ICON Venture Partners. With this investment, Bob Higgins from Causeway Media Partners and Tom Schnettler from Piper Jaffray Merchant Banking will be joining Sport Ngin’s Board of Directors.

The company, which has now raised a total of $35m, intends to use the funds to expand its sales and marketing efforts across North America.

Founded in 2008 by Justin Kaufenberg, CEO, Sport Ngin provides a large sports technology and media platform focused exclusively on the multi-billion dollar youth and amateur sports market. Its suite of products allows sports organizations to manage their operations and connect with their athletes, volunteers and fans.
The platform is used by thousands of local sports organizations and national governing bodies alike to run their websites, tournaments, leagues, player registration and mobile applications. Clients include USA Hockey, USA Wrestling, USA Fencing and Hockey Canada.

FinSMEs

25/06/2014

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