Irish sports technology company, Output Sports, plans to raise a multi-million euro funding round in the next 6-months, to expand its client base in the professional soccer market in the UK, Europe and in the USA.
The company launched Output // Capture an end-to-end solution that can test multiple components of athletic performance and track training programmes with a single matchbox sized wearable sensor, last year.
It uses advanced signal processing and machine learning techniques, athletic staff can now fully understand and optimise their athletes' performance using a single, user-centric and fully integrated system.
Since launching last February Output Sports has developed a strong client base in several sports including, baseball, basketball, GAA, rugby and soccer, at professional and elite levels, in Ireland, the UK, Europe and in the USA.
Among the company’s clients are a significant number of professional soccer teams and organisations including, the English FA; English Premier League clubs, Burnley FC, Norwich City FC, and Watford FC.
Output Sports, headquartered at NovaUCD, was co-founded in 2018 by Dr Martin O'Reilly, Dr Darragh Whelan, Julian Eberle and Professor Brian Caulfield as a spin-out from the UCD School of Public Health, Physiotherapy and Sports Science and the Insight SFI Research Centre for Data Analytics following the completion of Enterprise Ireland Commercialisation Funding.
Dr Martin O’Reilly, CEO and co-founder, Output Sports said, "In our first year since launching Output, we are delighted to have onboarded several exciting soccer clubs from around the world as clients. We see the global soccer market, from elite to grassroots levels, as an area Output can bring huge value in terms of understanding and optimising athletes’ performance in the years ahead.
"In line with this we are now looking to raise a scaling round of over €3 million to help grow our team internationally and expand our client base in soccer and many other sports."
Phil Pomeroy, head physiotherapist, Burnley FC’s first team said, "We were initially drawn to Output by their ability to accurately measure a wide variety of performance metrics in a portable and user centric system. The Output system has proved it is capable of doing the same. With Output we have been able to measure metrics with far more granularity than ever previously possible without more expensive or cumbersome equipment."