HomeFundingUK-based Fanatix secures $1 million to launch its sports app in the...

UK-based Fanatix secures $1 million to launch its sports app in the US

fanatix, a London-based social network dedicated entirely to sports, announced today the US launch of its app, after securing an additional $1 million in funding from unnamed angel investors.

The free app, which is only available on iOS right now, aims to deliver an all-encompassing social platform to American sports fans. fanatix recently surpassed the 250,000 mark for downloads and increased its daily active user base from 500 to more than 35,000.

Launched in October 2011, fanatix provides sports fans with a personalised stream of sports content – such as news updates, tweets, video clips, live scores and statistics – and enables easy sharing of that content in ‘huddles’, which are a kind of group chat for sports fans. The average fanatix user is now accessing the app 5 1/2 times a day, with the average registered user accessing the service over 10 times a day.

The service has also been selected by Manchester City, ESPN, Eurosport and a range of other sports media entities to help them engage second screen sports audiences, especially during live broadcasts.

“The collision of social and mobile has created the opportunity for the sports industry to ‘re-imagine the back-page’ and we think that we’re starting to see that fulfilled by the fanatix suite of products,” said Will Muirhead, fanatix’s Founder and CEO.

With this recent funding of $1 million, the UK-based startup fanatix has now raised more than $2 million total to date in funding rounds.

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Thomas Ohr
Thomas Ohr
Thomas Ohr is the "Editor in Chief" of EU-Startups.com and started the blog in October 2010. He is excited about Europe's future, passionate about new business ideas and lives in Barcelona (Spain).

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