Our client is an automated personal sports highlight video company. Seeking $1 million of equity.
- Utilizes AI to automatically turn game video into personal highlight videos
- used for college recruiting, keepsakes, etc.
- founded in March of 2017 and based in New York
- uses computer vision and machine learning to recognize players by their uniforms
- the first sports video app that automates editing – saves time and money
- Funding so far has come from founder ($600k) and friends and family ($480k)
- friends and family investment: ~15% stake – $3.5mm post money valuation
- Management team includes former college athletes and coaches with significant relevant experience