Investment dollars are flowing into the sports technology industry at a rapidly increasing rate. Athletes, traditional venture capitalists and team owners have invested in or acquired dozens of sports technology companies this year. But one group in particular stood out for making an aggressive play to reshape the burgeoning youth sports industry with technology.
Blue Star Sports has acquired 18 sports technology companies in the last 18 months in an effort to streamline the youth sports industry. Its acquisitions are intended to come together to create a digital platform for players, parents and coaches to participate in youth sports, an industry that was recently valued at over $15 billion.