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X Games CEO Jeremy Bloom spins out The Owl AI into a standalone company with $11M in seed funding led by S32, aiming to enhance AI technology for sports leagues.

Jun 25, 20256 months ago

Amount Raised

$11 Million

Round Type

seed

BoulderSoftware

Investors

Susa VenturesMenlo VenturesS32

Description

The Owl AI, launched by X Games CEO Jeremy Bloom, has secured $11M in seed funding to develop its AI platform. The funding, led by S32 with participation from Menlo Ventures and Susa Ventures, will support scaling and research efforts. The company plans to use this funding for proof-of-concepting with potential sports league clients. CEO Josh Gwyther aims to push the boundaries of AI technology within the industry.

Company Information

Company

Owl AI

Location

Boulder, Colorado, United States

About

The Owl AI is a multifaceted AI platform developed from the X Games property, designed to provide objective scoring, coaching insights, and language translations using competition footage. It leverages advanced multimodal AI models to innovate in sports analytics and broadcasting. The platform aims to push artificial intelligence technology to its limits in serving athletes and institutions. Currently, The Owl AI is in beta testing with capabilities that include predictions and analytical breakdowns of competition physics.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech