Arccos, a Stamford, Conn.-based on-course tracking system and a leader in connected A.I. golf products, raised a strategic fundraising round.
The round, which reportedly was a $20m Series C, was led by PGA TOUR with participation from PING, Inc., TaylorMade Golf Company, COBRA PUMA GOLF and Topgolf Callaway Brands Corp. (NYSE: MODG), among others.
In conjunction with the funding, Arccos has also been designated “The Official Game Tracker of the PGA TOUR.”
Led by Sal Syed, CEO & Co-Founder, Arccos provides the ability for golfers to capture their performance on more than 40,000 courses worldwide and track their game, having access to information on the PGA TOUR through real-time data collected by ShotLink powered by CDW. The Arccos Caddie App automatically captures every shot a golfer takes, provides an A.I. powered GPS rangefinder, caddie advice and personalised analytics for all game facets.
Its official partners include PING (smart clubs), TaylorMade (smart clubs), COBRA GOLF (smart clubs), Srixon / Cleveland Golf (smart clubs), Club Champion (smart fitting), Me And My Golf (smart coaching), EA Sports and Golf Digest.
Since Arccos launched, its members have taken more than 750 million shots while playing over 16 million rounds with the system in 162 countries.
FinSMEs
21/08/2023