Snapp raises $4.6M from a16z Speedrun and others for real-time sports AI
Snapp raised $4.6 million from investors including a16z Speedrun to develop its sports AI platform, according to Tech Startups. The San Francisco company also emerged from stealth with consumer and enterprise products that combine live sports data, predictive analytics and conversational AI.
Snapp says its system draws from more than 30 live data pipelines and billions of data points. Its consumer app supports game analysis, fantasy lineup planning, injury tracking and betting market research across more than 100 sports leagues. The app is available on iOS and Android and has exceeded 20,000 downloads, according to the company.
The enterprise platform covers scouting, recruiting, opponent analysis and decisions during games. Snapp says it has a pilot partnership with the UC Berkeley football program. The company reports that internal tests found its system produced 44% more accurate results than general-purpose AI models, but those results have not been independently verified.
Co-founder Shawn Tsao previously built food delivery startup Caviar, which Square bought and later sold to DoorDash for $410 million. Dorm Room Fund, Gold House Ventures, House Fund and Valia Ventures also invested.
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