Coachbetter closes $2.9M seed investment

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15.08.2023
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SportTech startup Coachbetter reports the successful completion of their $2.9M Seed-Plus investment round. The round is led by Brighteye Ventures and ZEN11Holding, while a pool of experienced investors around DAZN Group Executive Vice Chairman John Gleasure also invested.

Coachbetter offers a one-stop platform to overcome various coaching challenges that many football federations, clubs and coaches have been waiting for a long time. Features range from session- and match-day planning to player development with key data and statistics and video analysis. At the same time, the app adds communication features that connect coaches, players and parents. 

The start-up already supports thousands of football clubs in the USA, UK and German speaking markets with lighthouse customers such as Borussia Dortmund, Miami Rush and the Austrian Football Federation. With the new capital from the funding round, Coachbetter aims to drive international growth and to further build innovative technology that is going to be available to everyone in the game.

The seed plus round was led by Brighteye Ventures and ZEN11 Holding and joined by private investors from international football, including 2018 FIFA World Cup winner and former Premier League star Steven Nzonzi. Alex Spiro Latsis, Founding Partner at Brighteye, comments: “Brighteye is delighted to support the Coachbetter team as they continue to grow. We were impressed not only by the team’s experience in the field and their passion, but by their significant traction and portfolio of existing customers and partners. We anticipate this new round of financing will help them to expand to exciting new football markets."

"We are very pleased and excited about the support and trust of our new strategic partners as well as the strong commitment of our existing investors like the Swiss Founders Fund (SFF) to further digitize football team-management and coaching education at all levels, always with a strong focus to the needs of our users" says Patrick Patzig, Co-founder & CEO of Coachbetter. Founded in October 2018 by Patrick Patzig, Simon Arpagaus, Stefan Steuble and Thomas Grimm, the startup Coachbetter currently has 24 employees in 8 countries. 

(Press release / SK)

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