Aktivate Raises $3.7M in Series A Funding to Expand Sports Management Software
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Aktivate, a provider of scholastic sports management software, today announced that it has raised $3.7 million in Series A funding. The round was led by Will Ventures, Tal Ventures, and Benson Oak Ventures, with participation from 97212 and Tieferes Ventures.
The new funding will be used to enable the integration of new features, providing athletic directors with a central service to manage aspects of their programs. Aktivate will also use the funds to expand its sales and marketing efforts.
“We are excited to partner with these investors to help us expand our reach and deliver even more value to our customers,” said Josh Miller, CEO of Aktivate. “This funding will allow us to accelerate our product development and continue to build the best sports management software on the market.”
Aktivate’s software helps athletic directors manage everything from scheduling and rostering to fundraising and communication. The platform is used by over 1,000 schools and organizations across the country.
“Aktivate is solving a real problem for athletic directors,” said David Frankel, Managing Partner at Will Ventures. “The company’s software is easy to use and provides a single source of truth for all of the information that athletic directors need to manage their programs.”
Aktivate is the latest in a line of sports technology companies to raise funding in recent months. In May, TeamSnap raised $50 million in Series C funding. And in April, Vanti AI raised $10 million in Series A funding.
The growth of the sports technology market is being driven by the increasing popularity of youth sports and the growing demand for data-driven decision-making. Aktivate is well-positioned to capitalize on this growth, as its software provides athletic directors with the tools they need to manage their programs more effectively.
In addition to the funding announcement, Aktivate also announced today that it has appointed David Frankel to its board of directors. Frankel is a Managing Partner at Will Ventures and has over 20 years of experience in the technology industry.
“I am excited to join the Aktivate board and help the company achieve its next phase of growth,” said Frankel. “I believe that Aktivate has the potential to be a leading player in the sports technology market.”
With the new funding and the addition of Frankel to the board, Aktivate is well-positioned to continue its growth and become the go-to platform for scholastic sports management.