Sports media firm ScorePlay raises $13 million in funding

In the United States, ScorePlay, an artificial intelligence company designed for sports media, announced its successful series A funding round, raising a remarkable $13 million. The funding was publicly announced on Tuesday, February 11, 2025, and the investment round included notable figures from the sports and venture capital world, such as Alexis Ohanian, the co-founder of Reddit, and NBA star Giannis Antetokounmpo. Other prominent investors included NBA player Kevin Durant and former Formula 1 champion Nico Rosberg, showcasing the diverse backing that ScorePlay has received from across the sports spectrum. Founded in 2021 by Victorien Tixier and Xavier Green, ScorePlay has established itself as a key player in the fast-evolving landscape of sports media. The platform specializes in streamlining the production of sports highlights using advanced artificial intelligence. This technology is now utilized by over 200 sports organizations worldwide, aiding teams in efficiently managing and sharing their media content. The service automatically tags and organizes video clips, which allows teams and athletes to distribute highlights promptly across various broadcasting and social media channels. Alexis Ohanian emphasized the critical role that ScorePlay plays in his sports ventures, including his ownership of National Women's Soccer League and Challenger Golf teams. He stated that the technology is pivotal in helping teams produce compelling media narratives that engage fans more effectively. His involvement in this funding round reflects his confidence in ScorePlay's potential to shape the future of media in emerging sports leagues. Venture capitalist Harry Stebbings also highlighted the timeliness of media sharing in sports, noting the importance of being able to disseminate highlights quickly to keep pace with the rapid news cycle, which is increasingly essential in the competitive sports entertainment market. In addition to the recent funding round, ScorePlay is reportedly enjoying substantial growth, claiming a threefold increase in revenue year-over-year and indicating that the company is already profitable. With a cumulative funding total reaching $20 million, the future appears bright for ScorePlay as it continues to capitalize on the growing trend of sports teams creating and managing their own media content. The funding will enable them to expand their services and improve their offerings to sports organizations looking for innovative solutions in content production and distribution.