Investors Swing For The Fences With $1B In Sports Tech Deals

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Technology is transforming not only the way athletes train for the game, but how fans follow their teams.Tech Startups are looking for ways to impact in many ways including: revolutionizing fan engagement, and creating smarter venues/stadiums. In this post Christine Magee describes how VCs are looking for tech startups that are impacting the intersection of sports, technology, and entertainment. In fact, investors have spent over $1 billion in venture deals for sports-related startups over the past year and everyone wants in on the action. Miles Clements of Accel says “sports tech is really all encompassing — initially you think sports is sort of a niche leisure activity, but the annual spend across all sports consumption is $145 billion”.

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