SeventySix Capital Invests in Ludis Analytics
Sports Data science platform expanding its product offerings into Web3
Conshohocken, PA | April 27 2022 | Today, SeventySix Capital announced that it has invested in Ludis Analytics, an end-to-end data science platform that helps accelerate analytics across organizations, trusted by sports teams across the globe.
Ludis provides out-of-the-box data science tools that enable sports team staff to focus on advancing their competitive advantages and developing winning strategies. Ludis’ platform centralizes disparate sources of data to help organizations deploy sophisticated analyses in a low-code environment. Other features of the platform include built-in machine learning algorithms, collaborative DIY data science tools, secure data storage, and robust visualization libraries.
The company’s funding round follows successful partnerships with leading basketball, rugby, cricket, AFL, and netball teams across Australia, Japan, and the United States. SeventySix Capital’s investment in Ludis will enable the company to expand its offerings into Web3 analytics.
"Receiving funding from SeventySix Capital is important for us,” commented Ludis CEO Vala Dormiani. “The team at SeventySix Capital has experience and relationships in the sports industry to help us grow our customer base in elite teams and leagues in the U.S.”
“We are thrilled to back Ludis and transform how sports organizations use data,” said SeventySix Capital’s Managing Partner Wayne Kimmel. “As teams seek a competitive edge, Ludis’ innovative data analytics platform can deliver impactful results on and off the field.”
Ludis Analytics is led by Vala Dormiani, Bo Nam, Anthony Musumeci, and Samir Pujari. As well as SeventySix Capital, investors in Ludis Analytics include Raptor Group, a co-investor with SeventySix Capital in peer-to-peer wagering company Lucra Sports, along with Translink, Black Mountain Ventures, IgniteXL Ventures, and multiple elite athletes.
About Ludis
Ludis is a California-based technology company empowering any organization to draw effective, accessible insights through a streamlined, end-to-end data science platform, letting customers accelerate their analytics capabilities without having to hire software engineers. Ludis provides a unique, customizable product that integrates data ingestion, manipulation, visualization, and executive-level insights in one location. Ludis is trusted by sporting teams and organizations across three continents and a range of market sectors. Visit www.ludisanalytics.com to learn more.
About SeventySix Capital
SeventySix Capital is a sports-focused venture capital company that has been building sports technology companies for over two decades and leverages that experience through its Sports Advisory consulting group. SeventySix Capital also has its Athlete Venture Group, which allows current and former players to invest, learn, and work directly with top sports startups and entrepreneurs. To learn more about SeventySix Capital, please visit www.seventysixcapital.com.