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Kitman Labs Raises $52M To Redefine How Sports Industry Uses Data To Drive Performance

Kitman Labs Raises $52M To Redefine How Sports Industry Uses Data To Drive Performance

11/04/21, 8:00 AM
Money raised
$52 million
Kitman Labs, the sports technology and analytics company setting a new industry standard for how elite sports organizations use data and operate, today announced the close of a $52M investment round led by Guggenheim Investments (on behalf of certain of its managed accounts), a global asset investment and advisory firm with more than $259 billion* in assets under management. The latest investment brings Kitman Labs' total outside funding to $82M.

Company Info

Company
Kitman Labs
Additional Info
"The innovation needed to allow EMR users to do more, do it faster, and do it in their own unique way is at an all new level" said Rene Beaudoin, CEO of Presagia Corporation. "We are thrilled to have found the right partner for our sports clients in Kitman Labs, who has a powerful vision for the market and offers incredible resources with deep knowledge of sports. This will allow us to strategically focus on our rapidly growing Absence Management business which enables employers to compliantly and efficiently manage the 600+ leave laws in the U.S. and Canada, all while knowing our sports clients are in excellent hands."The acquisition also adds to the Kitman Labs data landscape, the industry's largest data set of health, performance, youth development, coaching, physical, psychological data. The company's Performance Intelligence Research Initiative and Data Science teams harness the data to deliver unique insights about injuries, preparation, performance, development, and recruiting, in and across Kitman Labs partners. "Our unparalleled data set powers accelerated R&D and the delivery of unrivaled analytics to the market," said Smith. "More data across age groups means better research on the youth to professional lifecycle. The added data from hundreds of organizations also allows us to advance our analytics offerings around injury risk, improving the well-being and career longevity of athletes across the globe."This transaction follows Kitman Labs' 2020 acquisition of The Sports Office, a pioneer in athlete data management. For more information, visit www.kitmanlabs.com Kitman Labs is the intelligence platform provider for elite sports teams. Founded in 2012 with the vision to fundamentally change how the sports industry uses data to achieve on and off-field success, Kitman Labs has consistently set the standard for innovation, data integration, design, and analytics. With over 50 Performance Experts with backgrounds in coaching, medical, sports science, and data science, Kitman Labs provides unparalleled expertise and support. Over 700 elite teams across the NFL, NHL, MLB, NCAA, English Premier League, La Liga, Serie A Bundesliga, Pro14, Premiership Rugby, and Japan's Top League use the company's platform. The company has a presence in the United States, Ireland, United Kingdom, Central Europe, Australia and Japan. For more information visit: https://www.kitmanlabs.com/ About PresagiaFounded in 1987, Presagia has a long history of helping organizations solve complex health and business problems with easy-to-use, cloud-based solutions. Presagia Sports is our world-class Athlete Electronic Health Record system leveraged by Olympic organizations, professional sports teams, performance arts organizations, sports medicine clinics, school districts, high schools and universities to optimize how they manage athlete health. Presagia also provides cloud-based absence management solutions that enable employers to efficiently manage employee absence while complying with more than 500 U.S. federal, state and local leave rules and 150 Canadian federal and provincial leave rules. Doing so, employers, from small businesses up to fortune 500 companies, reduce legal risk, lower absence costs, gain operational efficiencies, and create a better overall employee experience. More information here: www.presagia.com. SOURCE Kitman Labs Related Links https://www.kitmanlabs.com