Coachbetter Raises $2.9M in Seed-Plus Funding

coachbetter

Coachbetter, a Zürich, Switzerland-based SportTech startup, raised $2.9M in Seed-Plus funding.

The round was led by Brighteye Ventures and ZEN11Holding, with participation from a pool of investors around DAZN Group Executive Vice Chairman John Gleasurem, as well as 2018 FIFA World Cup winner and former Premier League star Steven Nzonzi.

The company intends to use the funds to expand operations and its development efforts.

Founded in October 2018 by Patrick Patzig, Simon Arpagaus, Stefan Steuble and Thomas Grimm, Coachbetter provides a platform that supports coaches, players, clubs and associations at all levels. Features range from session- and match-day planning to player development with key data and statistics and video analysis. At the same time, the app adds communication features that connect coaches, players and parents. 

Customers include coaches, clubs and associations from all over the world including Borussia Dortmund, the Austrian and Welsh Football Federation and Weston FC and the University of Oklahoma from the United States.

The company currently has 24 employees in 8 countries. In 2021, Coachbetter was able to complete its seed financing round of over €1m led by the Swiss Founders Fund (SFF) and TVC (The VentureCity) as well as investors from the sports industry.

FinSMEs

18/08/2023