ATLANTA, Georgia (PRWEB)
November 11, 2020
Press Sports, a sports social media application (iOS) that is transforming the way fans, athletes, coaches and teams build their brands and engage with sport’s highlights, today announced the closing of its $ 750,000 pre-seed funding round.
Press Sports was founded in 2018 with the goal of becoming the first global sports social network that brings together athletes, fans, coaches and teams of all skill levels. Press Sports offers unique features for the sports community, such as updating live rankings and individualized Hypezone feeds that the community organizes by “showcasing” videos. The app recently released the new Breakdown feature which makes it easy for fans and coaches to add their comments or reaction to an athlete’s original post.
“Growing up playing just about every sport together, Drew and I have never had a place to compile and share footage of our favorite moments as athletes,” said Conrad Cornell, CEO and co- founder of Press Sports App. “We created Press Sports for the more than eight million high school and college athletes who are like us, who don’t have the chance to present their careers in a way that can be used to create opportunity and a day look back. . It was clear that mainstream social media platforms would never meet the specific needs of the sports community, so we started to create a healthy alternative for modern athletes and fans to interact in a sports-oriented atmosphere.
The roundtable was led by Overline, an Atlanta-based seed venture capital firm that focuses primarily on Southeastern startups, and included Central Piedmont Investment Group and Sound Media Ventures, an Atlanta-based fund. which focuses on high tech companies that power the media experiences of tomorrow.
Sean O’Brien, Managing Partner of Overline, said: “We have followed the growing popularity of vertical social networks that create community between people with common interests and passions, allowing them to share highly relevant content and create more meaningful links around their common interests. . We are delighted to partner with the Press Sports team on their mission to create the world’s first sports-focused social network for athletes and fans.
Drew Williams, Chief Growth Officer and Co-Founder of Press Sports, continued, “We are proud to have built an engaged community that includes thousands of the nation’s most recruited athletes alongside their fans and friends. Press Sports provides a platform for players where it is not only acceptable, but encouraged, to promote their personal achievements. As they build their fan base on the app, student-athletes will be well positioned for the NCAA NIL rule changes expected to take effect next fall, which will allow players academics to monetize their name, image and likeness directly through our app.
“We have been working with the Press Sports team since the start of this year and continue to be impressed with their understanding of today’s sports markets,” said Michael Cohn, Managing Partner of Overline. “With the recent additions of YikYak’s Technical Co-Founder and CTO, which have already generated large-scale social media success, we believe the Press Sports team has all the ingredients to build a class-leading business. global. “
About Press Sports App, Inc.
Press Sports is the leading sports social media app, with a community of athletes, coaches and fans of all sports from around the world. The app was designed by and for sports fanatics to provide a platform for finding and sharing sports highlights and for people to engage with their local sports community.
About the highlight
Overline is an early stage, founder / operator-led, Atlanta-based venture capital firm with a primary focus on investments in the Southeastern United States. Its inaugural fund, Overline Seed Fund I, LP, is a generalist fund that directs pre-seed and seed investments across multiple industries and business models. Overline takes a hands-on approach to supporting the companies in its portfolio, providing key introductions to its network of potential clients, partners, investors and top talent.
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