Aktivate, a sports technology platform for K-12 schools, announced its public launch and raised a $7 million seed round that will fund the development of a market-leading sports administration platform and scholastic sports community.
The funding round was led by Will Ventures, with participation from Tal Ventures, Village Global – the venture firm backed by some of the world’s most successful entrepreneurs, including Jeff Bezos, Bill Gates, Diane Greene, and Reid Hoffman – as well as TechAviv, Benson Oak Ventures, and angel investors Zeke Emanuel and Howard Morgan.
Company: Aktivate
Raised: $7.0M
Round: Seed Round
Funding Month: September 2021
Lead Investors: Will Ventures
Additional Investors: Tal Ventures, Village Global, TechAviv, Benson Oak Ventures, Zeke Emanuel, and Howard Morgan
Company Website: https://www.aktivate.com/
Software Category: Software-as-a-service (SaaS) administration and engagement platform
About the Company: Aktivate was founded with a mission to transform how scholastic sports are managed and funded, and to reduce the financial barriers that prevent more students from experiencing the positive benefits of participation in sports and other school activities. Through the delivery of a comprehensive software-as-a-service (SaaS) administration and engagement platform, Aktivate is modernizing the highly fragmented, $35B+ youth sports and activities market. With a powerful software platform as its base, Aktivate is building a community that brings together student-athletes, their families, schools, and valued partners. The company is backed by prominent venture capital firms including Will Ventures, Tal Ventures, Village Global, TechAviv, Benson Oak Ventures, and angel investors Zeke Emanuel and Howard Morgan
Source: https://www.businesswire.com/news/home/20210914005230/en/