Former Crunchies Finalist StatSheet Recieves 1.3 Million In Series A

Alexia Tsotsis

Alexia Tsotsis is the co-editor of TechCrunch. She attended the University of Southern California in Los Angeles, CA, majoring in Writing and Art, and moved to New York City shortly after graduation to work in the media industry. After four years of living in New York and attending courses at New York University, she returned to Los Angeles in... → Learn More

Wednesday, August 4th, 2010

One-man-startup StatSheet just received 1.3 million in a first round of funding from a group of investors that includes Valhalla, IDEA Fund Partners and assorted angels, most notably Adam Smith of Xobni.

Founded by former Cisco engineer Robert Allen, the StatSheet Network platform is run on StatSheet.com and provides fans and bloggers with statistical analysis, charts, and sport stat embeds. At some point their roster boasted Twitter accounts for each NBA, NFL, and college team. StatSheet was also a 2008 Crunchies finalist in the Best Bootstrapped Startup category (won by GitHub that year).

Allen will use the new funds to hire a developer team in order to expand the variety and automate the creation of new sports content; His intention is that StatSheet become, “a new type of sports media company that is focused on technology and automation instead of paying people to research and report news like is the norm with traditional sports media.”

StatSheet’s future plans include rolling out an extensive network of team-specific sites update in realtime with game previews, player news and recap analysis. They are currently tracking over 250 million sports stats and hope to extend their reach to all major sports soon.

Company: StatSheet
Website: statsheet.com
Launch Date: June 1, 2007
Funding: $5.3M

StatSheet is the sports subsidiary of Automated Insights. The StatSheet Sports Network (www.statsheet.com) was built to showcase the potential of Automated Insights’ automated content production and publishing platform. The StatSheet sports network is comprised of 417 fully automated web sites, 500 + Android, iPad and iPhone mobile apps, 2000+ Twitter accounts and 400 Facebook pages covering every team in the NFL, MLB, NBA and NCAA Division I College Basketball and Football. The StatSheet Sports Network is comprised...

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Financial-organization: Valhalla Partners
Launch Date: 2002

In ancient Norse mythology, Valhalla was the stately hall of Odin, king of the gods. Here those Viking warriors whose feats in battle were greatest were invited to live forever, fighting with the gods by day and feasting by night. In their version of Valhalla they want to invite great entrepreneurs to work with Valhalla to build new, better and enduring companies. They want to bring together the best. Valhalla Partners brings extensive experience, resources and insights to bear in helping...

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