Output Sports says it is looking to raise €3m to help significantly expand its client base in the professional soccer market in the UK, Europe and the US.
Irish sports technology company Output Sports says it is planning to raise a multi-million-euro funding round in the next six months as it eyes growth opportunities in the professional soccer market.
Since launching last February Output Sports has developed a strong client base in several sports including, baseball, basketball, GAA, rugby and soccer, at professional and elite levels, in Ireland, the UK, Europe and in the US.
“We see the global soccer market, from elite to grassroots levels, as an area Output can bring huge value in terms of understanding and optimising athletes’ performance in the years ahead”
The Output Sports user community is currently capturing over 40,000 exercise reps (in exercises focused on power, strength/ endurance, stability, and balance) per month using Output // Capture.
Among the company’s clients are a significant number of professional soccer teams and organisations including, the English FA; English Premier League clubs, Burnley FC, Norwich City FC, and Watford FC; English Football League One clubs, AFC Wimbledon and Morecambe FC; Spanish La Liga club, Cádiz CF; and Major League Soccer clubs, FC Cincinnati and Colorado Rapids in the US.
Keeping track of training
Last year the company launched Output // Capture an end-to-end solution that can test multiple components of athletic performance and track training programmes with a single matchbox sized wearable sensor.
With Output // Capture, which uses advanced signal processing and machine learning techniques, athletic staff (coaches, physiotherapists, and rehab professionals) can now fully understand and optimise their athletes’ performance using a single, user-centric and fully integrated system.
Output Sports, headquartered at NovaUCD, was co-founded in 2018 by Dr Martin O’Reilly, Dr Darragh Whelan, Julian Eberle and Professor Brian Caulfield as a spin-out from the UCD School of Public Health, Physiotherapy and Sports Science and the Insight SFI Research Centre for Data Analytics following the completion of Enterprise Ireland Commercialisation Funding.
“In our first year since launching Output, we are delighted to have onboarded several exciting soccer clubs from around the world as clients,” said Dr Martin O’Reilly.
“We see the global soccer market, from elite to grassroots levels, as an area Output can bring huge value in terms of understanding and optimising athletes’ performance in the years ahead.
“In line with this we are now looking to raise a scaling round of over €3m to help grow our team internationally and expand our client base in soccer and many other sports.”
Burnley FC is one of the oldest professional football clubs in England having been established in 1882. The club has been English Champions on two occasions, has won the FA Cup once and won the Football League Championship in the 2015-2016 season.
“As a club we are always looking for new ways of improving players and mitigating potential injury risks,” said Phil Pomeroy, head physiotherapist, Burnley FC’s first team. “To help with this we collect baseline values on a range of different metrics including power, speed, mobility, and balance. It is key that this data is reliable and valid in order to ensure decisions around player welfare can be made with confidence.”
“We were initially drawn to Output by their ability to accurately measure a wide variety of performance metrics in a portable and user centric system. The Output system has proved it is capable of doing the same. With Output we have been able to measure metrics with far more granularity than ever previously possible without more expensive or cumbersome equipment.”
“We’ve found the Output team great to deal with. They’re always looking for methods of improving their system and understand the importance in practitioner input to help with the same and have been very responsive in adding any new features we’ve requested,” said Pomeroy.
Output Sport has to date raised €1.3m in a seed funding round which was led by the Atlantic Bridge University Fund. The other investors in this round were Elkstone Partners, Enterprise Ireland, and angel investors John Hearne, co-founder and former CEO of Curám Software along with Leinster Rugby players, Adam Byrne and Dan Leavy.
Main image at top (from left): Julian Eberle, Dr Martin O’Reilly and Dr Darragh Whelan, co-founders, Output Sports. Photo: Damien Eagers