Sportsbox AI, an artificial intelligence (AI) coaching startup that uses motion-capture technology to improve athletic performance, closed $5.5 million in a seed funding round led by EP Golf Venture, a new investment partnership created by the PGA of America and Elysian Park Ventures.
Other participants in the round included women’s golfers Michelle Wie West, Marina Alex, and Mel Reid, as well as golf coaches and broadcasters, including golf coaches Sean Foley and David Leadbetter; Randi Zuckerberg, golf broadcasters Amanda Balionis and Kira K. Dixon.
This new round of funding enables Sportsbox AI to accelerate its growth to transform the game of golf and sports overall with accessible, accurate 3D technology and expand into more sports.
The company plans to eventually expand into other sports.
Company: Sportsbox.ai, Inc
Raised: $5.5M
Round: Seed Round
Funding Month: Aug 2022
Lead Investors: EP Golf Venture
Additional Investors: Michelle Wie West, Marina Alex, Mel Reid, Sean Foley, David Leadbetter, Randi Zuckerberg, Amanda Balionis, and Kira K. Dixon
Company Website: https://www.sportsbox.ai/
Software Category: AI Coach
About the Company: Founded in 2020 by Jeehae Lee, Sam Menaker, and Stephanie Wei, Sportsbox AI is an AI-powered technology company that brings AI Coach mobile applications in sports and fitness using patent-pending 3D Motion Capture and Kinematic AI technology. Sportsbox AI provides athletes and coaches with real-time data and analysis on movement using just a single mobile phone camera. The firm’s computer vision technology captures and analyses athlete movement, transforming a 2D video feed into a 3D avatar that can be viewed from multiple angles. Its first product is Sportsbox 3DGolf, which allows golfers to access a full analysis of their swing and track progress using 3D biomechanical measurements in inches, degrees, and linear and angular velocities.
Source: https://www.sportspromedia.com/news/sportsbox-ai-seed-round-golf/ https://sports.yahoo.com/blitzer-wie-west-ep-golf-130000184.html