Spiideo

Spiideo

A complete video solution for sports organizations to record, analyze, and produce live streams.

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DateInvestorsAmountRound
-investor investor

€0.0

round
investor

€0.0

round
investor

€0.0

round
*

€18.3m

Late VC
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR2017201820192020202120222024
Revenues0000000000000000000000000000
% growth250 %50 %128 %85 %37 %36 %-
EBITDA0000000000000000000000000000
% EBITDA margin---(60 %)(78 %)(70 %)-
Profit0000000000000000000000000000
% profit margin(137 %)(128 %)(77 %)(62 %)(82 %)(75 %)(19 %)
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

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More about Spiideo
Made with AI
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Spiideo, founded in 2012 in Malmö, Sweden, has carved out a significant niche in the sports technology market by automating video production and analysis. The company was established by Patrik Olsson and Örjan Johansson, leveraging their extensive backgrounds in video technology and entrepreneurship. Olsson, with a PhD in image processing and experience from Sony Ericsson, and Johansson, a co-founder of the Bluetooth technology firm Axis Communications, identified an opportunity to apply cloud and AI technologies to sports video. This synergy of expertise has been fundamental to the company's trajectory, attracting notable early investment from figures like former soccer player Zlatan Ibrahimović through his firm, A-Z Sportswear AB.

The core of Spiideo's offering revolves around AI-powered cameras and a cloud-based platform, designed to serve sports organizations ranging from grassroots clubs to elite professional leagues. Its business model is primarily subscription-based (SaaS), providing clients with access to a suite of tools for automated video capture and performance analysis. This model allows for scalable revenue streams and fosters long-term client relationships. The company's market is the global sports industry, with a client roster that includes teams in prestigious leagues such as the Premier League, NHL, NBA, and Serie A, alongside entire leagues like the USL and NWSL. This demonstrates the solution's applicability across different sports and levels of competition.

Spiideo's product ecosystem consists of two main components: Spiideo Perform for analysis and Spiideo Play for broadcasting. The system utilizes fixed and mobile cameras that integrate with the cloud platform. A key feature is 'AutoFollow,' an AI-driven technology that automatically tracks the action on the field, eliminating the need for a human camera operator. This creates a virtual panoramic view of the entire playing surface, allowing coaches and analysts to zoom in on any player or situation. The platform also offers 'AutoData™', which integrates performance data with video, and 'CloudStudio Anywhere,' a tool for producing professional-quality live streams remotely. These functionalities provide tangible benefits by reducing operational costs associated with manual filming, democratizing access to high-level analytics, and creating new monetization opportunities for clients through automated broadcasting.

Keywords: sports technology, video analysis, automated broadcasting, AI camera, SaaS, team performance, live streaming, sports data, cloud platform, performance analytics

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Investments by Spiideo

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Signality
ACQUISITION by Spiideo Dec 2024