Consortium backs €8.8m round for Bepro
Existing investors Altos Ventures and Softbank Ventures have backed a €8.8m round for Germany-based football analytics software Bepro, along with new investors Saehan Ventures, Springcamp and Miraeasset Ventures.
The company plans to use the fresh capital to expand internationally, focusing in European growth, and to invest in the development of its software.
Previous funding
Bepro raised a €2m seed round in 2015. In August 2018, Altos and Softbank led a $10m funding round for Bepro.
Company
Bepro produces AI-backed software, Bepro11, to analyse football matches for use by football teams. Bepro fits a team's home ground with a fixed multi-camera system, enabling users to film matches. The software tracks the players and allows them to review and edit the footage. Its clients include first and youth teams in the Premier League, Bundesliga, La Liga, Serie A and Ligue 2, according to its website.
Bepro has 45 employees, according to LinkedIn. Founded in 2015, the company is based in Hamburg and also has a subsidiary in South Korea. According to a report from Mergermarket, the company aimed to become cashflow positive in 2019 and to generate revenues of $5m.
People
Bepro – Luis Hyunwook Kang (CEO).
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