Sportradar analyses and leverages sports data to serve leagues, news media, consumer platforms and sports betting operators with real-time data, AV content distribution and a suite of strategic technology solutions. The company also provides Integrity Services that monitor abnormal betting patterns and escalate insights that have resulted in sporting sanctions globally. Sportradar is the official partner of the NBA, NFL, NHL and NASCAR, as well as FIFA and UEFA, and it serves more than 1,000 companies in over 80 countries. It monitors and delivers insights from more than 400,000 matches annually across 60 sports categories and emphasizes speed and accuracy in its software. During its partnership with EQT the company achieved approximately 40% annual revenue growth and expanded its headcount by roughly 1,400 employees through organic and acquisition-based growth. Management and new investors have signaled plans to further invest in artificial intelligence, product innovation and U.S. expansion. Sportradar aggregates and distributes real-time sports data and creates data streams and products for clients across the sports industry. It says it covers over 325,000 live events across 48 sports and counts Google and Yahoo Sports among its clients. The company has secured partnerships with the NFL, NASCAR and the NHL and is developing applications aimed at fantasy sports, social media and betting. Sportradar expects to build additional products and subscription services that companies like DraftKings and FanDuel — and consumers — might use. The business employs over 1,000 developers and sports specialists globally and is backed by European private equity group EQT. The company is pursuing U.S. expansion and recently closed a $44 million funding round. Sportradar collects, processes and distributes live sports data, provides odds solutions and offers fraud-detection services across the betting and media industries. The company operates seven offices across Europe, is headquartered in St. Gallen, Switzerland, and was founded in 2003. Sportradar employs over 450 staff and uses a global network of about 1,500 scouts to cover the full value chain of sports data. Its products serve bookmakers, media agencies, sports federations and government agencies, and the company highlights close cooperation with federations and law enforcement on integrity matters. Management plans to pursue aggressive organic growth and acquisitions supported by new growth capital from a minority investor. The company attributes strong growth since 2003 to data quality, broad product offering and ongoing innovation.

Total raised

$98M

Funding rounds

3

Latest round

Equity

Latest activity

Oct 2015