Sports Analytics, The Power of Investor Updates, and ProducePay raises $38M

The Social Leverage Letter | Issue #127

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SportsTechX discusses the rapid growth of the sports analytics market, highlighting its expansion due to technological advancements, data availability, and the demand for performance insights. In the article they highlight companies like Gemini Sports Analytics (Fund IV) that are serving this market.

Tyler Denk, co-founder and CEO of Beehiiv (Fund IV) advocates for the practice of sending monthly investor updates, emphasizing its benefits such as accountability, communication, alignment, leveraging networks, and staying top of mind. Tyler shares his experience of how these updates have been instrumental in fostering growth, maintaining transparency, and building relationships with stakeholders, including investors, employees, and potential partners.

ProducePay (Fund II), a startup developing ways to help tackle fresh produce waste, has raised $38 million in a funding round. ProducePay will be put toward supporting the company’s expansion into Europe, Asia, Africa and Australia and growing their team of ~300 full-time employees.

Stocktwits (Fund II) API is back containing 16 years of history with over 500,000,000 messages historically with 3 million new messages being posted to the platform monthly. Coverage includes crypto, fx, global equities, and commodities.

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