deWiz Golf Closes Nearly USD4M Series-B Funding

dewiz

deWiz Golf AB, a Malmö, Sweden-based Golf Wearable Technology company, raised nearly USD4M in Series B funding.

The Series-B funding round was backed by the original investors group, and includes new investors like Patrick Rees, founder of Bygghemma, and global deWiz ambassadors Vijay Singh and Annika Sörenstam.

The company intends to use the funds to accelerate continued global growth of their golf swing modifier, which has gained traction the past year at all levels of the golf industry, spanning instructors, professional tour players and club golfers, and continue development on new verticals, including sports like basketball and tennis, as well as broader applications across gaming and healthcare. The investment will showcase deWiz’s wearable swing modifying technology through additional marketing, further global expansion, continued product development, and added staffing to support further growth.

Led by CEO Christian Bergh and Chief Product Officer Markus Westeberg, deWiz provides a swing modifier wearable tech, which tracks the exact position of a golfer’s hands throughout the swing and provides a 3D analysis to help golfers hit the ball longer, straighter and closer. deWiz is available in the U.S., Canada, Europe, Australia, Japan, South Africa, and South Korea (more markets are opening regularly – visit the site for the latest updates).   and learn more on how to consistently hit the ball longer, straighter, and closer. The deWiz Coaches Program provides teaching professionals an innovative new approach to coaching by providing students actionable, real-time data that they can apply to their own practice, seamlessly monitoring their progress between lessons. Benefits include affiliate revshare programs, access to advance data and dedicated onboarding services for certified golf instructors.

FinSMEs

06/10/2022