Shot Scope Raises £6.6 Million for Golf Innovation
Shot Scope Technologies, a prominent golf technology company based in Edinburgh, Scotland, has successfully raised an impressive £6.6 million through a combination of debt and Series B funding. This financing round was notably led by Guinness Ventures, which contributed £3.1 million to the effort. Other significant contributors included Scottish Enterprise, Growthdeck, The SideBySide Partnership, and Equity Gap, all of which hail from the Edinburgh area. Additionally, Virgin Money played a crucial role by providing £1.5 million in debt finance as part of this funding initiative.
The primary goal of this fundraising effort is to enable Shot Scope Technologies to expand its operational capabilities and further develop its innovative product lineup.
Under the leadership of Founder and CEO David Hunter, the company has made substantial strides in enhancing the golfing experience for players around the world. Shot Scope Technologies specializes in creating advanced products that help golfers accurately measure distances on the golf course, utilizing a combination of GPS wearables and laser rangefinders to provide precise data.
One of the standout features of Shot Scope's offerings is their shot tracking devices, which have successfully recorded more than 350 million shots, helping to transform the way golfers engage with their sport. These devices track over 100 statistics, empowering golfers to analyze their performance, understand their game better, and ultimately reduce their scores. With a customer base that includes hundreds of thousands of avid golfers, Shot Scope's products come with lifetime free updates and no subscription fees. This not only enhances user experience but also contributes to an average improvement of 4.1 strokes per round for its users. With a dedicated team comprising technology experts, enthusiastic golfers, and even a former Walker Cup player, Shot Scope Technologies remains committed to promoting the enjoyment and improvement of the game through its comprehensive lineup of accessible golf products.
They've invested in Shot Scope Technologies
Get to know these Fintech investors
| Investor | Sector | Stage | Activity | Team | Connect |
|---|---|---|---|---|---|
 Guiness Asset Management | 4 investments investments | 1 contact contact | |||
 Scottish Enterprise | 24 investments investments | 4 contacts contacts | |||
 Growthdeck | 2 investments investments | 5 contacts contacts | |||
 The SideBySide Partnership | 3 investments investments | 4 contacts contacts | |||
 Equity Gap | 3 investments investments | 3 contacts contacts |
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