Fundz

Str8bat raised $3.5 Mn in a Series A funding round led by Exfinity Venture Partners to enhance athlete training and performance tracking, particularly in cricket.

PRIVATEOct 03, 2024

Amount Raised

$3.5 Million

Round Type

Series A

BengaluruSports

Investors

Exfinity Venture PartnersTechstarsVCats GroupSucSEED Indovation FundRtlEternal Capital

Description

Str8bat secured $3.5 Mn in a Series A funding round aimed at revolutionizing athlete training and performance tracking in cricket. The funding will help the Bengaluru-based company boost its offerings and expand internationally, targeting markets in the UK, South Africa, and the US.

Quick answer

Str8bat raised $3.5 Million in a Series A round, dated October 3, 2024. Investors: Exfinity Venture Partners, Techstars, VCats Group, SucSEED Indovation Fund, Rtl and Eternal Capital. Str8bat is based in Bengaluru, Karnataka, India.

How much did Str8bat raise?
Str8bat raised $3.5 Million in a Series A round on October 3, 2024.
Who invested in Str8bat?
Exfinity Venture Partners, Techstars, VCats Group, SucSEED Indovation Fund, Rtl and Eternal Capital are named as investors in this round.
What does Str8bat do?
Str8bat is a sportstech startup that offers real-time data analytics for athletes, particularly in cricket.
Where is Str8bat based and how big is it?
Str8bat is based in Bengaluru, Karnataka, India. Fundz records about 20 employees.
Who are the decision-makers at Str8bat?
Fundz holds 1 contact at Str8bat. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Sports around the same time

Companies in the same sectors as Str8bat that raised within 45 days of this round, from Fundz verified event records.

  • Coopah raised $1.9M (Seed) on November 13, 2024.
  • IDA Sports raised $2M (Seed) on October 31, 2024.
  • Fungiball raised $2.4M (Pre-Seed) on October 23, 2024.
  • Unrivaled raised $16M on October 21, 2024.
  • Eyeball.Club raised $5.4M (Seed) on October 16, 2024.
  • TOCA Football raised $100M (Series F) on October 12, 2024.

Who to call at Str8bat, and when

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Company Information

Company

Str8bat

Location

Bengaluru, Karnataka, India

About

Str8bat is a sportstech startup that offers real-time data analytics for athletes, particularly in cricket. Founded in 2017, the company has developed patented technology including the 'smart willow' cricket bat, which uses IoT devices to provide key performance insights. Str8bat is focused on revolutionizing athlete training and performance tracking, and it has secured significant investment for its growth. The startup aims to democratize sports training by making elite-level feedback accessible to all players.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Str8bat 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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