Scottish tech company secures £ 500,000 funding to ease entry into US sports market

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""US Sports"" – Google News

Scottish mobile ticketing and fan engagement company Fanbase has raised £ 500,000 in funding to expand into the UK and US sports markets.

Fanbase was founded in 2019 by Alasdair and Michael Crawley to provide sports clubs with mobile ticketing, membership and subscription services, and content for fans.

The brothers plan to use the seed funding to expand their fanbase in the UK and into the US sports market.

Fanbase aims to differentiate itself from football and hopes to include other sports such as rugby, netball and cricket.

The Scottish technology company received funding from numerous high-profile investors in the latest investment round, with former South African rugby union international Bob Skinstad supporting the Scottish start-up.

Other new investors include social media pioneer Steve Pankhurst and his colleague Tim Ward from Friends Reunited.

Friends Reunited was founded by Pankhurst in 2000 to help old school friends reconnect. It was sold five years later to ITV for £ 120 million and Nick Telson and Andrew Webster, behind nightlife comparison site Design My Night.

The Fanbase platform has already registered 40 soccer clubs, with the company aiming to have more than 300 UK soccer clubs on its platform by 2023.

It is individually branded for each club and is intended to make it easier for organizations that cannot afford it to access digital technology.

Scottish clubs on board include Newtongrange Star, Carnoustie Panmure, Linlithgow Rose and Elgin City.

Alasdair Crawley will remain in his position as Director at Edinburgh-based management consultancy Optima Partners.

His brother Michael has left his position as Senior Product Manager for PayPal in London to work full time at Fanbase.

The seed investment round has enabled Fanbase to recruit a full-time team, including Carl Barton, who is joining as chief technology officer.

The company has since hired six full-time employees and is looking for additional developers.

It moves to a new office in Edinburgh and creates the Fanbase Academy to offer paid internships to students in Scotland, England, Wales and Northern Ireland.

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Alasdair Crawley, CEO and Co-Founder of Fanbase, said: “We are currently in discussions with some of the top clubs in Scotland and across the UK. It is also our ambition to make an impression on the North American sports market. “

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