Florida Funders and Florida Institute Invest in Gemini Sports Analytics, $1.5 Million Seed Round
Gemini Sports Analytics is the first no-code, sports-specific intelligence platform that leverages AI to modernize athlete management
Florida Funders, recognized as the top VC in the Southeast region by Pitchbook, and the Florida Institute announced their investment in Gemini Sports Analytics, a platform that allows stakeholders at elite sports organizations to make better decisions faster as they optimize tactics, acquire, develop, and manage their athletes.
Top Artificial Intelligence Insights: Determining the Potential of Your AI Algorithm Starts with Measurement
Florida Funders invested in Gemini Sports Analytics (GSA) $1.5MM seed round from the Florida Funders’ Fund 2, LLC., supporting Gemini Sports’ product development and hiring efforts. Alongside Fund 2 and the Florida Institute, Miami-based Ocean Azul Partners also contributed to the round, which was anchored by leAD Sports & Health Tech Partners, the Lake Nona (Orlando) based joint-venture between Tavistock (owners of Tottenham in the English Premier League) and the family offices of Adidas founder Adi Dassler and other sports executives.
GSA’s solution stems from sports teams’ struggles to make adequate use of the more than 2 million data points per athlete, per year, being captured on the field, in the gym, and even while the athletes sleep. Departmental silos and a lack of tools which interface between technologists and executives mean that insights rarely reach decision-makers fast enough to be impactful. GSA fills this whitespace and helps teams improve operations from top-to-bottom by making each step of the data lifecycle simpler and powerful analytics more accessible through a series of lead-edge functionalities such as Automated Machine Learning and MLOps.
“We’re making predictive analytics accessible so that sport executives can make better and faster decisions without having to write a single line of computer code,” said Jake Schuster, CEO and Founder of Gemini Sports Analytics, who previously worked in six countries over nine years with Olympic, NCAA and professional teams including overseeing 500+ global elite sports clients for tech company Vald Performance. “What takes weeks or months to program manually can now be deployed in a matter of days or even hours,” he added.
AI and ML News: Why SMBs Shouldn’t Be Afraid of Artificial Intelligence (AI)
GSA’s initial offering introduces no-code predictive analytics through a sports-specific, modern interface enabled by Snowflake DB and DataRobot, the best-in-class Cloud & AI platforms which already power the likes of Goldman Sachs and the US Navy. GSA’s web application places unique sports data integrations alongside self-service machine learning, time series, and clustering analyses which cover >80% of typical data query needs within professional sports.
“Florida Funders is proud to support another thriving startup built in South Florida,” said Tom Wallace, Managing Partner at Florida Funders. “There is a clear need for organizations to have increased visibility into athlete data, and Gemini Sports Analytics provides a concrete, efficient way to apply the numbers and garner fast, actionable insights.”
Founded in Miami in 2021, GSA currently has LOIs with teams in the NFL, NBA and European soccer. Current staff, including engineers Chandler Evans and Nate Verlin who anchored a World Series winning analytics department, expects to double headcount from ten over the next year.
“The technology applications here are really exciting,” said Rafael Lohner, Executive Director at the Florida Institute. “Beyond GSA being built on top of the best-in-class data infrastructure platforms, the founding team’s deep industry experience in professional sports is impressive and the team’s very extensive network that supports their go-to-market strategy makes us excited to witness what’s next for the Florida based platform.”
Read More About AI News : AI Innovation Supports Rural and Remote Internet Connectivity
[To share your insights with us, please write to email@example.com]
Comments are closed.