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DateInvestorsAmountRound
-investor investor

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Total Funding000k

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

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More about StatMuse
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StatMuse operates as an artificial intelligence company specializing in conversational search for sports and, more recently, financial information. Founded in 2014 by childhood friends Eli Dawson and Adam Elmore, the company was born from their desire as NBA fans to have a platform where they could ask simple, natural language questions and receive immediate statistical answers. Dawson, the CEO, pursued a finance degree at the University of Arkansas, while Elmore, the CTO, studied computer science at Missouri State University, bringing together the business and technical expertise to launch the venture.

The company's core product is a proprietary knowledge engine that processes natural language queries to deliver stats, scores, schedules, and historical data for major North American sports leagues like the NBA, NFL, MLB, NHL, and PGA, as well as European football and financial markets. What sets the platform apart is its ability to not only provide raw data but also to frame it within a narrative, complete with a vast library of original digital player art. A key feature is the use of authentic voices from over 25 sports celebrities, allowing users to hear answers directly from figures like Peyton Manning and Scott Van Pelt, making the experience more engaging. This service is accessible across various platforms, including voice assistants like Alexa and Google Assistant, messaging bots, and a dedicated iOS app launched in September 2017.

StatMuse's business model targets a broad audience, from fantasy sports players and journalists to general sports and finance enthusiasts. Initially focused on a B2C model, the company has also formed B2B partnerships, notably a content deal with ESPN. Revenue is generated through a premium subscription service called StatMuse+, introduced in May 2023. For a monthly fee, subscribers get benefits such as unlimited searches, an ad-free experience, and early access to new features. The company has secured significant backing, raising over $11.4 million through multiple funding rounds. Key investors include prominent names like The Walt Disney Company (via the Disney Accelerator program), Google Assistant Investments, Techstars, the NFL Players Association, and former NBA Commissioner David Stern.

Keywords: conversational AI, sports statistics, financial data, natural language processing, sports information, player stats, team stats, historical sports data, voice search, fantasy sports tool, sports media, financial search, stock data, AI platform, Eli Dawson, Adam Elmore, Disney Accelerator, NFLPA, NBA, NFL, MLB, NHL, PGA

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