Raleigh, NC, April 2024 – Gemini Sports are pleased to announce a new $3.1M in financing led by Will Ventures with participation from existing investors Eberg Capital and Social Leverage after the latter two anchored a $3.25M Seed Round in August 2023. Gemini is leading the charge in a new era of sports analytics, merging cutting-edge technology with deep industry knowledge to empower and enhance decision-making in sports.
This investment will help Gemini hire technical leadership and customer support while growing its partnership group across the data and AI ecosystem.
Led by founder Jake Schuster, a respected sports scientist with experience in professional sports, Gemini Sports specializes in roster management tactical insights for sports organizations. Schuster has worked for entities like the Dutch Olympic Federation, Florida State University, and the New Zealand All Blacks Olympic Rugby teams.
“This collaboration with Will Ventures aligns with our pattern of working with highly strategic investors who combine deep experience and connectivity in the sports world with academic and scientific rigor. We’re excited about the transformative power of systemizing and democratizing AI in sports,” said Schuster. “By bringing innovations already embraced by the Fortune 500 into the sports world, we’re helping the industry move from the first few innings of Moneyball into the era of true AI influence on roster management, player development, and on-field decision-making.”
Isaiah Kacyvenski, a former NFL player who transitioned into entrepreneurship, and Brian Reilly, a tech product manager and investor, lead Will Ventures, a venture capital firm specializing in sports and technology startups, which boasts 18 professional team owners as limited partners.
“We are thrilled to support the Gemini Sports team,” said Kacyvenski. “Their groundbreaking work with AI fits our mission to fuel innovation in sports technology. Together, we expect to see big advances in team strategy, roster management, and the overall landscape of how professional sports teams innovate with people, process, and technology.”
Partnered with professional and college sports teams across the NFL, NCAA, European Soccer, and more, Gemini gives them a competitive edge by harnessing the power of data, AI, and predictive analytics. Having already had nine sports team owners prior to this investment and top VCs among its investors, Gemini has been recognized as a top startup to watch. Recent milestones include forging new partnerships, like the one with the Indianapolis Colts and Infinite Athlete and expanding into the UK with their first soccer client.
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For media inquiries, contact: nikki@geminisports.ai
About Gemini Sports:
Gemini empowers teams to understand, add to, and profitably sustain their squads more successfully by delivering fast and easy workflows through an AI-co-pilot-style mobile application. By focusing on user experience, Gemini reduces the reliance of decision-making executives on data teams, allowing those engineers to focus on more complex and bespoke projects. Gemini’s partnerships with tech industry giants like Snowflake Data Cloud, Databricks, and Amazon Web Services, along with sports tech vendors such as StatsBomb, SkillCorner, and Impect, enable them to deliver automated and enriched data with a seamless setup made for each customer’s unique game model, ambitions, and workflow preferences. Scouting reports can be entered in the mobile application and easily customized, making subjective and objective data available on one page together, including AI summaries, automated alerts, and more. Data teams can flexibly access, iterate, and contribute their own models through Gemini’s API, making this a truly collaborative platform.
About Will Ventures:
Will Ventures is a venture fund investing in sports and entertainment. The firm is backed by major institutions, 18 professional sports team owners, dozens of professional athletes, and founders from leading investment firms. Will Ventures is exclusively partnered with OneTeam Partners, which enables them to leverage the group marketing and licensing rights of over 10,000 professional athletes across the NFL, MLB, NWSL, WNBA, MLS, and college sports.
