Kairos Sports Tech, a local sports software company, has unveiled plans to grow its team to expand further into global markets, aiming to create a number of new jobs in Belfast, the US, Australia and across Europe.
Founded in 2018 by former Ireland and Ulster Rugby player, Andrew Trimble and Belfast based entrepreneur, Gareth Quinn, Kairos Sports Tech developed a communications and operations platform designed for professional and high performing sports teams to help their athletes perform at the highest level.
The team designed the product to be the sole digital interface between a player and a team, providing one central hub for player onboarding, team and personnel schedules, secure messaging, commercial information and performance data.
Based in Belfast and employing 18 people, the company currently services a number of high-profile sports teams, including teams in the Premier League, NBA, MLB, MLS, and Premiership Rugby. The company has its sights firmly set on growth with plans to expand its sales and support teams.
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Although only launching in 2021 Kairos already operates across 10 different sports in 12 countries. Having opened a US office last year the company is aiming for significant expansion globally to bolster traction of what is proving to be a best in class product within elite sport.
The company’s expansion plans are backed by £500,000 in funding from Whiterock Finance’s Growth Finance Fund which contributes to a larger amount secured as part of a recent fundraise. Finance for the £30m Growth Finance Fund has been provided by the British Business Bank, Invest Northern Ireland and private investors, Northern Ireland Local Government Officers’ Superannuation Committee (NILGOSC).
Commenting on the investment, Andrew Trimble, Chief Executive Officer at Kairos Sports Tech, said: “We’ve seen huge growth globally at Kairos over the last few years, which really validates an exceptional and best in class platform that can be used by elite teams worldwide in any sport.”
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James Thompson at Whiterock Finance added: “Utilising their combined experience, Andrew and Gareth have created an innovative software solution for a competitive market. Since launching their product in January 2021 they have secured contracts with well-known elite sports teams across the world, which reflects the company’s potential for global growth.”
The Growth Finance Fund provides loans from £500,000 up to £2 million to established high growth potential SMEs in Northern Ireland. Companies seeking funding must be based in Northern Ireland and demonstrate existing growth.
Source: Written from press release.
