Pre-Seed financing of $1.5 million was received by RootNote, an athlete data firm and developer located in Indianapolis, Indiana.
Investor
- Elevate Ventures
Use of funds
The money will be used by the business to grow both its operations and growth initiatives.
A graduate of Techstars Sports in 2023 Driven by Indy Accelerator, RootNote is supported by a number of illustrious angel investors, including Sequoia, Popstar Ventures, Hilltop Venture Partners, Techstars, eonCapital, Sports Tech HQ, Johnson Venture Partners, Flywheel Fund, and Alderbrook Companies. The business increased the number of its staff by double and added additional enterprises, academic institutions, and organizations to the platform’s features and accessibility.
About RootNote
RootNote is a software as a service (SaaS) provider for creative teams and content producers in the media, sports, and entertainment industries. The firm is led by CEO Jason Burchard. The firm is creating a platform that will assist media businesses, athletes, artists, and the teams, organizations, and brands they collaborate with in using the data from hundreds of channels to expand their business. In order to help customers better understand their digital audiences and increase income potential, it ingests data from digital content, social networking, e-commerce, and other third-party platforms. NFL clubs, MiLB teams, talent agencies, media and Esports organizations, colleges, brand name makers, and NIL groups are among the early users of the site.