Output Sports, an Irish sports technology company, has secured $4.8 million in funding.
The investment round brings in new support from Apex Capital, Uni.Fund and Dopamine Sports.
The financing also includes existing investors Elkstone, Atlantic Bridge and Enterprise Ireland, as well a number of angel investors.
Output Sports' technology enables strength and conditioning coaches, sport scientists and rehab professionals to capture and analyse athletic data using a single wearable sensor system.
It is currently used by more than 800 sports organisations, including over half of all English Premier League clubs.
Output Sports is a spin-out company from UCD and was co-founded in 2020 by Dr Martin O'Reilly, Dr Darragh Whelan, Julian Eberle and Professor Brian Caulfield.
"Output Sports is committed to developing data-driven insights that support coaches and athletes," said Dr Martin O'Reilly, co-founder and CEO of Output Sports.
"Our team has worked hard to build a platform that meets the needs of some of the world’s leading sports teams such as New Zealand’s All Blacks, England’s national soccer team and the Colorado Buffaloes and delivers meaningful value through data," he said.
"This investment will help us support our growth in the US, deepen our technology capabilities, and grow our team to support our increasing customer base," Dr O'Reilly said.
Output Sports recently opened a US office based in Boston.
The company currently works with professional US sports leagues such as the NFL, NBA, NHL, MLB, MLS and the WNBA, and aims to support even more organisations from professional leagues to high school and college sports programmes.
The new capital will be used to accelerate US expansion and hiring across sales, marketing, product development, data science and customer support.
"Off-field measurement and driving competition in the gym are key to success for sports organisations and Output Sports is best in class in this crucial part of the sports tech stack," said Koen Bosma, Head of Venture Capital at Apex Capital.
