SportsTech Stays Hot: Reviewing Final Numbers from 2024
A deep dive into the latest data surrounding SportsTech, with insights on the market as a whole.
Two new SportsTech reports recently came out. I spent hours dissecting them, so you don’t have to.
If there’s anything I’ve come to learn in sports…
This is an AMAZING time to be building in the industry.
Let’s Dive In 👇
SportsTech Companies
Tracxn has some interesting data that has internally sparked a lot of debate.
They have over 20,000 sports companies listed (with roughly ~15% of them funded).
At first glance, I thought 20,000 sports companies was too high of a number…
But then I remembered there are more than 150 million startups worldwide (according to Microsoft).
Deal Making in SportsTech
We saw records in total M&A and the number of deals last year: