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, 2025•6 months ago
Amount Raised
$11 Million
Round Type
seed
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.
Funding Insights
Based on industry dataVC-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