Statuspro Raises $20M in Series A Funding

StatusPRO

Statuspro, a NYC- and Miami, FL-based sports technology and gaming company, raised $20M in Series A funding.

The round was led by GV (Google Ventures), with participation from additional funding from India’s renowned sports-tech giant Dream Sports, Minnesota Vikings Owners Mark & Zygi Wilf’s Wise Ventures, JDS Sports, and Alumni Ventures, and existing investors including LeBron James, Drake, Maverick Carter, Main Street Advisors, Haslam Sports Group and more. Other new investments came from a diverse group of athletes, entertainers, firms, and industry leaders including Myles Garrett, David Grutman, Bobby Wagner, Jeff Stibel, Peter Delgrosso, Cameron Jordan, Kayvon Thibodeaux, Crystal Hayslett, Devale Ellis, TitletownTech, Black Angel Group, Life Line Family Heritage Fund, Sun Technology Investors, Andre Gaines of Cinemation Studios, and the Fuller Brothers of 6408 Ventures, among others.

The company intends to use the funds to broaden development into new sports titles while continuing to enhance its modes and features and further improve its technology.

Founded and developed by two former football players, Troy Jones and Andrew “Hawk” Hawkins, StatusPRO is a sports technology company that combines data with augmented, mixed, and virtual reality to provide a suite of training and gaming products that increase coaches, players, and fans experience their favorite sport.

In 2022, the company launched an NFL and NFLPA-licensed virtual reality (VR) simulation gaming franchise, NFL PRO ERA. This first-person simulation brings fans closer to the gridiron by giving them a professional football player’s perspective through VR technology. Last October, the franchise, which highlighted NFL MVP and All Pro QB Lamar Jackson as its cover athlete, saw an evolution that introduced new features such as head-to-head multiplayer gameplay so players could interact, connect, and compete against one another in the virtual world.

FinSMEs

05/02/2024