Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Business

AI-powered sports media company raises $13 million, led by Alexis Ohanian and Giannis Antetokounmpo

by admin February 13, 2025
February 13, 2025
AI-powered sports media company raises $13 million, led by Alexis Ohanian and Giannis Antetokounmpo

ScorePlay, an artificial intelligence service for sports clips, has raised $13 million in series A funding, the company announced Tuesday.

The sports storytelling platform’s investors include 20VC venture capital fund founder Harry Stebbings, Reddit co-founder Alexis Ohanian’s Seven Seven Six VC firm, NBA star Giannis Antetokounmpo, former Formula 1 champion Nico Rosberg, and soccer star and former captain of the U.S. women’s national team Alex Morgan.

ScorePlay’s technology is used by more than 200 sports organizations around the world and helps teams streamline their highlights and clips using AI. The company’s clients include NBA and NHL franchises and leagues such as Major League Soccer and the National Women’s Soccer League.

Ohanian told CNBC that he’s not just an investor, but that he uses the technology through his ownership of NWSL soccer and TGL golf teams, in addition to his new track league, Athlos.

“So many people ask how we’ve been able to have so much success in emerging sports across so many different leagues and ScorePlay is the heart of one of the reasons why,” Ohanian said. “The last two years, they’ve just continued to execute above expectations and ScorePlay has just done such a heck of a job growing here in the States.

“I’ve been very happy to keep putting now millions of dollars at work every single round since,” he added.

Venture capitalist Stebbings said as teams and players move toward producing more of their own media and storytelling content, this tool will allow them to engage fans in new ways.

“Speed is crucial in sports media, with the ability to share highlights within an hour and keep up with [the] fast-paced news cycle,” he said.

ScorePlay’s service, created in 2021 by Victorien Tixier and Xavier Green, automatically tags and organizes content, allowing teams to speed up the delivery to everyone from broadcasters and sponsors to the athletes themselves.

“The idea is to maximize the distribution, both on your own social channel, but also distributing the content to your athletes, who are your best storytellers,” Tixier said.

He added that with so many different channels from social to broadcast and digital, it’s important that users are distributing the best content for each platform.

ScorePlay touts threefold year-over-year growth, and the company said it is profitable, with total funding at $20 million.

Previous investors include Kevin Durant and Rich Kleiman’s 35V family office and Eli Manning.

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Google says U.S. faces a power capacity crisis in AI race against China
next post
Spearmint Acquires the Sisson North Tungsten Project

Related Posts

Alphabet beats earnings expectations, raises spending forecast

July 25, 2025

Lara Trump to host weekend show on Fox...

February 7, 2025

It was a strong week for retail earnings....

June 1, 2024

MGM Resorts reaches labor deal with Las Vegas...

November 10, 2023

Why the Federal Reserve has made everything more...

July 30, 2023

Credit cards are charging more ‘excess’ interest than...

February 23, 2024

Darden Restaurants sales disappoint as Olive Garden, LongHorn...

March 21, 2025

McDonald’s Snack Wrap is officially returning. Here’s when.

June 4, 2025

Fitch downgrades U.S. credit rating from top score...

August 2, 2023

Amazon and Nvidia say AI data center demand...

April 25, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Standard Uranium Confirms High-Grade Uranium Mineralization up to 8.10% U3O8 at Surface on the Corvo Project

    • Prismo Metals Announces Private Placement and Ripsey Gold Project Overlimit Silver Assay Results

    • Canadian Investment Regulatory Organization Trade Resumption – CRDL

    • Bold Ventures Highlights Burchell Gold Copper Project News

    • Eric Sprott Announces Acquisition of Common Shares of Silverco Mining Ltd.

    Categories

    • Business (1,400)
    • Investing (3,048)
    • Politics (3,699)
    • Stocks (1,825)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved