Appointed to advise Sports Data business

Bare Partners has been retained to advise Compelo (www.compelo.co) a sports performance data business on identifying strategic investment partners so as to secure Series A funding to grow its offer and services within the motor sports sector globally.

The Sports Performance Data business is a rapidly growing B2B market which leverages BI and content solutions to provide media, rights holders and brands with static, dynamic and interactive content focused on specific sports markets. Typically growth has been centred around Football but increasingly the changes in media consumption is driving the need for enhanced content services and new vertical sector coverage. Motorsport is a relatively under-developed sector, in which Compelo aims to develops its offer and transform the current competitive landscape through a focus on editorially driven content with strong visual interface. Compelo and its team is ideally placed to exploit the growing consumer demand for rich and immersive content experiences around sport.

The investment round is being supported by Bare Partners corporate finance advisory team with more information available on these services here.