iSportConnect Sports Tech Index powered by SportsTech Match – 2023 Wrap-Up
January 11, 2024
Who’s hot in Sports Tech? Who is doing deals, launching new products and generally doing some of the best work in the sector? That’s what the Index attempts to dig into. Whether established players or the up-and-coming stars, we go a little deeper for you…
Following ten editions of our sports tech index we round off the year and take a breath to recognise the sports tech companies that finished 2023 on top.
2023 saw almost 40 different companies feature in our 12-monthly rolling ranking of the top 20 most active sports tech companies and four contested the number one spot. Seat Unique (ticketing) topped our first ranking of the year in early 2023 and was followed by Sport:80 (membership management platform), Fanbase (fan engagement platform) and Teamworks (communication and collaboration platform) at the top respectively.
In our final index of 2023, which includes activity reported up to the end of December, LiveU (IP video transmission and live streaming) are the only company to make a first-time appearance on our list (at #20).
Our top five at the end of 2023 (drum roll please), in reverse order, sees Sportradar (sports data and betting) at #5 (boosted by recent deals with ATP and Sportsnet (Canada)), Genius Sports at #4 (helped by a recent FIBA partnership expansion), Stack Sports (SaaS platform offerings for the sports industry) at #3, Fanbase at #2 (consolidating their position with two new partnership announcements in December) and Teamworks at #1.
Congratulations to all companies who have appeared in our index over the year and a special congratulations goes to Teamworks who have consistently announced new partnerships as well as high-scoring partnership expansions / renewals throughout the last 12 months.
Due to popular demand, the Sports Tech Index will continue and move from a monthly to a quarterly cycle in 2024.
Want to know more?
Subscribe to the SportsTech Match monthly newsletter for an overview of the activity that generated points towards the index this month (via the footer on the website).
The iSportConnect Sports Tech Index is designed to help rights owners and investors quickly assess who is “hot” from a product and new business perspective and provides sports tech vendors with an incentive to focus their PR announcements on what matters to the market. It follows a simple scoring system (see below).
The iSportConnect Sports Tech Index was published on a monthly basis throughout 2023 on iSportConnect.com. Click here to read more about how the Index is calculated.
