Sport:80, a revenue generative technology company, is aiming to “bring sport into the 21st century” with its proprietary cloud-based platform focused on transforming the business and management of sport.
With a strategy to initially target the 35 Olympic and Paralympic sports, which the directors estimate has an accessible market worth £720 million, the Company has launched a crowdfunding campaign to raise a minimum £300,000 (up to a maximum of £750,000). The funds raised will support the roll-out of its platform within this large and untapped sports management sector.
Sport:80 gives investors the opportunity to participate in a company which is primed to support the upcoming 2016 Olympic and Paralympics in Rio. The Company already works with multiple Olympic and Paralympic organisations, including the British Olympic Association, Archery GB, the International Wheelchair & Amputee Sports Federation.
The management of sport is one of the few areas of business yet to be transformed by the replacement of legacy paper-based systems with digital cloud-based platforms. Seamlessly integrating the core functions of sport management such as memberships, events, logistics, finance, athlete profiles and data collection, Sport:80’s technology delivers enhanced functionality, greater security, higher revenues and significantly lower costs.
Gary Hargraves, CEO of Sport:80, said: “London 2012 was a game-changer for the British sports industry. Never have we, as a nation, been more captivated with athletic prowess and enthralled with new and exciting sporting events. In the wake of the Olympics and Paralympics in London, people began getting involved in sporting activities showcased during the summer at an unparalleled rate – Great Britain was awash with new archers, rowers and swimmers.
“But many of these sporting associations still use outdated systems to handle these increasingly huge member numbers, and large events – relying on paper-based systems and numerous outsourced support agencies to manage their processes. Sport:80 can propel these sports associations into the 21st century with one cloud-based platform capable of handling all of their administrative and management functions.”