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.
The StatSheet Network is a collection of fan-centric, sports sites designed to give sports fans the information and analysis they want when and how they want it. The network launched in November 2010, and currently consists of 345 sites that provide in-depth coverage for every Division I college basketball program in the nation. We will be adding even more sports and teams soon.
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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