Statespace's core product is Aim Lab, a free-to-play virtual shooting range platform that lets first-person shooter players warm up and practice skills before competitive matches. The platform includes training and coaching tools and match postmortem features that allow players to review footage and identify improvement areas. CEO Wayne Mackey said Statespace plans to bring Aim Lab to mobile platforms imminently, possibly as soon as next month. Riot Games has taken a minority stake in Statespace as a strategic investment to accelerate that mobile transition; Riot did not disclose the terms of the investment. Riot intends to integrate Aim Lab with titles such as Valorant and League of Legends: Wild Rift to support weapon-specific warmups and postgame analysis for esports players. The article did not report revenue, user metrics, prior funding rounds, or a valuation for the company. Statespace’s core product is Aim Lab, a performance-training platform for shooters that teaches aiming and controller skills; Aim Lab now has about 5 million monthly active users and 20 million total players. The company also develops Playerbase, a matchmaking and coaching product, and is pursuing digital health products that use gameplay tests for diagnostics and rehabilitation. Statespace has partnerships with Riot Games, Ubisoft, HyperX and is conducting clinical studies with Mount Sinai, the University of Indiana, the University of Delaware, and Kernel. The company plans console expansions in the fourth quarter and a mobile launch on iOS and Android in 2022, plus broader training for other game genres. Statespace has nearly 100 employees and will use the new funding to expand its coaching programs, analytics, platform support, publisher offerings and digital-health initiatives; to date it has raised over $98 million. Statespace operates Aim Lab, a training platform that replicates popular game physics to give users a practice environment and measure visual acuity and other skills. Aim Lab launched out of stealth in 2017, runs on Steam, and was developed by neuroscientists. The company plans to launch The Academy, a paid course product taught by top streamers and players including KingGeorge, SypherPK, Valkia, Drift0r, and Launders. Its technology is being applied beyond consumer training, including a “Cognitive Combine” with the Pro Football Hall of Fame and grant applications with universities for stroke and cerebral palsy rehabilitation. Statespace has rapidly grown from 2 million registered users and 500,000 monthly active users in May to 5 million registered users and 1.5 million monthly active users today, and the team has grown to more than 40 people. Aim Lab is free to use, the company has not settled on a primary revenue channel, and it is experimenting with streamer/team skins for sale while prioritizing growth. Statespace launched out of stealth in 2017 with Aim Lab, a product that recreates the physics of popular FPS games to help players practice aim while measuring broader cognitive and perceptual metrics. The company was founded by neuroscientists from New York University and its technology analyzes factors beyond kill:death, such as visual acuity across screen quadrants and reaction time. Aim Lab is used by casual players and professionals; Statespace also builds custom dashboards and products for esports teams like 100 Thieves and Philadelphia Fusion. The firm is building an Academy (launching in Q3) with top streamers for advanced tutorials and has partnered with the Pro Football Hall of Fame to create a game‑agnostic “Cognitive Combine.” Statespace is expanding availability with a mobile Aim Lab, Xbox support, planned PlayStation support, and intends to add support for 400 games next month. The company has explored non‑gaming applications, applying for a grant with universities to pursue a commercial stroke‑rehabilitation application. Operating metrics reported by the CEO show about 2 million registered users and roughly 500,000 monthly active users (up 400% since January). Statespace operates Klutch and its flagship product Aim Lab, a practice platform that mimics game physics to help players improve and identify specific weaknesses in visual acuity, aiming and spatial skills. Aim Lab analyzes players’ performance to highlight weaknesses and provide targeted training. The product is on track to soon reach 1 million users. The company is partnering with esports and educational partners — including the National Championship Series as an official FPS training partner and the Pro Football Hall of Fame on a "Cognitive Combine" — and is building an Academy with top streamers for advanced tutorials. Statespace is also researching medical applications of its technology, including an Aim Lab product for stroke rehabilitation. The company has raised $2.5M in a seed round and has $4M in total funding.

Total raised

$97M

Funding rounds

5

Latest round

Equity

Latest activity

Sep 2021