Status Pro

Status Pro

Develops VR training tools for sports

About

StatusPro creates virtual reality (VR) products for sports training and entertainment, with a focus on enhancing the experience for athletes, coaches, and fans. Their main product, Pre Game Prep, is a training tool for NFL coaches and players that provides realistic simulations of high-level competition. What makes StatusPro unique is its athlete-first perspective, informed by the founders' experiences as professional athletes, and its expansion into first-person sports simulations for fans. The company's goal is to give players and coaches a strategic advantage while allowing fans to experience the excitement of being a professional athlete.

Company Stage

Series A

Employees

51-200

Industries

VR & AR, Entertainment, Gaming

Total Funding

$24.5M

Headquarters

N/A

Founded

2020


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Simplify's Take

What believers are saying

  • The $20 million Series A funding led by Google Ventures provides significant capital for technological advancements and market expansion.
  • Participation in the Disney Accelerator program offers valuable mentorship and networking opportunities, potentially accelerating growth and innovation.
  • The rapid success of NFL Pro Era, with over 1 million users, demonstrates strong market demand and product viability.

What critics are saying

  • The VR market is highly competitive and rapidly evolving, requiring continuous innovation to maintain a competitive edge.
  • Dependence on high-profile partnerships, such as with the NFL, could pose risks if these relationships were to change or dissolve.

What makes Status Pro unique

  • StatusPro leverages the unique insights of its founders, former professional athletes, to create highly realistic and immersive VR training tools, unlike competitors who may lack this insider perspective.
  • The company's strategic partnership with the NFL to develop the first NFL-licensed VR simulation gaming title sets it apart from other VR startups.
  • StatusPro's dual focus on both professional sports training and fan entertainment diversifies its market reach and revenue streams, unlike competitors who may focus on just one area.

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Growth & Insights
Headcount

6 month growth

7%

1 year growth

9%

2 year growth

47%

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