Sportside secured a £15 million investment from Fortunis Capital.

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Sportside, a London, UK-based startup working for the development of a mobile social app for sports, announced that it completed a £15 million ($19M) capital investment round.

The money was provided by Fortunis Capital and is structured with an initial £2 million placement and with the rest deployed invested over the next two years.

Sportside, founded in 2015 and led by CEO Jeremy Bourke, is working for the development of a mobile app scheduled to launch in the 2020 fall and aiming to be a one-stop platform for sport seekers, coaches or trainers and gyms.

People can find their sporting match by age, ability and geography, while businesses can attract new clients. By allowing free signups, the startup hopes to build a community ‘of millions’, which would open up revenue opportunities through advertisers or sponsors.

Total investments received (USD): 18.96M

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