Sportsvite Raises $2 Million
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Sportsvite raises $2 Million in their first round.
Grace Drive Management led this first round raise.
What does Sportsvite do?
Sportsvite is a social network with a focus on sports.
Grace drive management. We could not locate any information about them at the time of this writing.
What will they use this funding for?
They stated that “The funding will be used to actively market Sportsvite to athletes around the world”.
While many social networks exist, the idea of niche networks seems to be catching on. This is the first sports focused social network we have seen.
There is an obvious social network but also, and possibly more importantly, an organizational platform for recreational sports activities. The general idea is that you can now find individuals who are near you, enjoy the same sports, and want to organize events such as pick up games. You can also manage a team and communicate with the other members of your team.
Sportsvite is free for members, and as a member you can create profiles outlining your athletic preferences and activities. Each member also has what they call a “power rating” which is a combination of speed, agility, endurance, strength, and your level of competitiveness. Each rating is on a scale of 1 to 10 and your total “power rating” is on a scale of 1 to 100.
Another interesting feature is that you can create a profile for the various sports you are interested in, such as Baseball, Bowling, Football, Golf and more.
The idea of niche social networking is catching on, as a new social network with a focus on sports, this one seems to have some interesting features.
See their site here.
Read more about Vinodh V. Bhat here.
Read more about Steve Parker here.
Read more about Neal Shenoy here.
Read more about Grace Drive Management N/A.