How much did Abler raise?

Abler raised €3.7 Million in a Seed round on September 15, 2022.

Abler Raises €3.7M From Frumtak Ventures To Impact Public Health

PRIVATESep 15, 2022

Amount Raised

€3.7 Million

Round Type

Seed

ReykjavikSports

Description

Abler, a sports management technology company and creator of Sportabler, announced today it has raised €3.7 million in post-seed funding from Icelandic VC firm Frumtak Ventures. Abler simplifies the complexities of sports participation by digitising and greatly increasing efficiency in the management and facilitation of organised sports programs.

Quick answer

Abler raised €3.7 Million in a Seed round, dated September 15, 2022. Abler is based in Reykjavik, Capital Region, Iceland.

How much did Abler raise?: Abler raised €3.7 Million in a Seed round on September 15, 2022.
What does Abler do?: Abler is a sports and team technology company founded by Markus Mani M. Maute and Johann Gudmundsson.
Where is Abler based and how big is it?: Abler is based in Reykjavik, Capital Region, Iceland.

Source: Fundz verified event record.

Who else raised in Sports around the same time

Companies in the same sectors as Abler that raised within 45 days of this round, from Fundz verified event records.

T. Rowe Price Group raised $10M (Funding Round) on October 27, 2022.
CoachMePlus raised an undisclosed amount on October 21, 2022.
Mercury raised $7.5M (Seed) on October 20, 2022.
BetMGM raised $25K (Pre-Seed) on October 18, 2022.
Kustom Entertainment raised $15M on October 13, 2022.
FANtium raised $1.9M (Seed) on October 11, 2022.

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Company Information

Company

Abler

Location

Reykjavik, Capital Region, Iceland

About

Abler is a sports and team technology company founded by Markus Mani M. Maute and Johann Gudmundsson. The company’s mission is to increase participation in sports and other organised activities to drive physical and social health and well-being in communities across the globe. The Abler product family streamlines administration and communication in organisations by providing a unified management platform for coaches and directors, improving overall service levels. The dynamic multi-program management system has also revolutionised the collections process by making it easier to execute and monitor payments, leading to revenue increases and cost efficiencies that make an impact. Parents and guardians can easily register and track their children’s extracurricular activities in one place, receiving all of the necessary logistics, communication, make payments and access contact information while filtering out confusion or irrelevant information. For personal development, Abler has developed teaching tools to deliver structured character coaching through sports with promising results. Topics include, among others, self-confidence, grit and emotional intelligence. To learn more, visit sportabler.com.

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Abler raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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