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Sunday, July 14, 2024

Youth Sports Safety, Tech Platform Raises $28M

  • Players Health has raised $28 million.
  • The round will help the sports technology platform support its mission.
Player’s Health: Kirby Lee-USA TODAY Sports/Design: John Regula

Players Health, a Minnesota-based sports technology platform, has closed a $28 million funding round to support its mission of providing insurance and risk-management services for youth sports organizations.

“These investments further our mission to create a safe haven in at least one corner of a child’s world,” said Players Health founder and CEO Tyrre Burks. 

Led by global insurer SiriusPoint and Mastry Ventures, a VC firm launched by three-time NBA champion Andre Iguodala, the round will allow Players Health to invest in technology, athlete safety, and insurance offerings for sports organizations.

Players Health offers a wide range of services for some of the largest youth sports organizations in the U.S.

  • The company offers coaching and staff credentialing, education, and training.
  • It provides a platform for abuse reporting and investigations. 
  • It facilitates background checks and documents athlete injuries. 
  • Its current clients include U.S. Youth Soccer, NFL Flag Football, and USA Cheer

Players Health’s latest funding round also included existing investors RPM Ventures, Will Ventures, and EOS Venture Partners.

Youth Development 

Versus, an edtech company focused on athletic skills, was recently created by St. Louis Cardinals manager Oliver Marmol and his wife Amber.

Versus provides training videos featuring professional athletes and conversational AI technology. The company is opening a $20 million Series B funding round when it launches operations in April.

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