Sports tech firm secures £2m funding
A sports technology platform has secured £2.15 million funding to grow internationally.
London-based ClubSpark creates software for participants, sports providers, National Governing Bodies and International Federations.
Founded in 2012 by CEO Dave Ward and CTO Nathan Flood, it provides easy access to sports and events for participants, simple to use tools for sports providers, whilst giving National Governing Bodies and International Federations insight into participation and activity levels.
The software platform allows sports providers to manage all operational activities, including resource booking, membership, CRM, competitions/tournaments, courses, holiday camps, coaching, reporting, compliance, safeguarding and website development.
Foresight Group announced the growth capital investment into the firm, which already serves three of tennis’ four Grand Slam nations as well as the International Tennis Federation. It also has flagship clients in other sports, including the ECB, England Athletics, British Triathlon and Table Tennis England.
Foresight’s investment will primarily help extend the company’s international operations, consolidate its position as the de facto standard within tennis and explore new avenues for growth.
“We have found in Foresight a team that showed a great understanding of our market and immediately understood our business, our values and our mission to get more people active through the use of technology,” said ClubSpark CEO Dave Vibert-Ward.
“Their experience, track record and investment is a vote of confidence in our business model and marks an important milestone as we expand into new markets and geographies.”
Matthew Evans-Young, investment manager at Foresight Group, commented: “The value and insights that ClubSpark’s platform brings are proven, and we have been impressed by the company’s achievements to date.
“ClubSpark has the opportunity to become a truly global organisation, and we are looking forward to working with Dave, Nathan and the rest of the team over the coming years.”