New Duane Ventures has launched Rooter, a sports technology platform, and has secured $8.5M in funding from a group of investors. This development is expected to revolutionize the sports industry and provide sports enthusiasts with an innovative platform that offers real-time updates, live scores, and engaging content.
Rooter is a mobile application that aims to connect sports fans with each other and provide them with a platform to engage with their favorite sports teams and players. It offers a unique feature that allows fans to create their own fan clubs and groups, interact with other fans, and share content such as photos and videos. The app also provides live scores, news, and updates from various sports events around the world.
The $8.5M funding for Rooter was led by Anthill Ventures and other investors, including Binny Bansal, founder of Flipkart, and David Giampaolo, CEO of Pi Capital. The funding will be used to expand the platform’s reach, develop new features, and improve its technology infrastructure.
According to Piyush, Founder of New Duane Ventures, Rooter aims to become the go-to platform for sports fans around the world. He believes that the app’s unique features, such as fan engagement and real-time updates, will set it apart from other sports platforms.
The sports industry has undergone a significant transformation in recent years, with the rise of digital platforms and social media. Rooter’s launch comes at a time when there is a growing demand for sports content and engagement among fans. The app is expected to cater to this demand and provide sports enthusiasts with an immersive experience.
Rooter has already garnered a considerable user base, with over 4 million downloads on the Google Play Store. The app is available in several languages, including English, Hindi, Bengali, and Tamil, making it accessible to a broader audience.
Rooter’s launch and $8.5M funding are significant developments in the sports industry. The app’s unique features and user-friendly interface are expected to attract more sports enthusiasts and revolutionize the way they engage with their favorite teams and players. With the support of its investors, Rooter is poised to become a dominant player in the sports technology space, and we can expect to see more exciting developments in the future.