LIVE Q&A + Evaluation Session, May 4th, 2021

Calling All Sports & Fitness Innovators

 

We're looking for driven entrepreneurs who are changing the landscape of the sports and fitness industry with their product, technology or idea.

Present your start-up to an esteemed panel of judges made up of sports & fitness executives, venture capitalists and leaders from private equity.

Network with industry leaders, raise funds, create brand partnerships, expand distribution, and compete in SFIA’s Start-Up Challenge.

2024 Judge Applications Now Open!

2024 Dates + Competitor Application Coming Soon!

SFIA’s 2023 Virtual Start-Up Challenge


Supporting Partners

 
 
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2023 SFIA Start-Up Challenge Finalists

 
 
 

Be Part of the Story

Compete on stage (virtually) and be a part of the growing $220MM+ story during the Sports & Fitness Industry Association's Start-Up Challenge.

Pitch Your Game Plan

Present your game plan to an esteemed panel of judges made up of sports & fitness executives, venture capitalists and leaders from private equity.

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 Grab the Advantage

50 Start-Ups Presented on the Big Stage


Over $220MM Raised Onsite/Offsite


National Media Coverage

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 Home Run Disruptor?

Swing for the fences and find out if you have what it takes to impress industry leaders to bring home the grand prize during the SFIA Start-Up Challenge.

2024 Dates Coming Soon!

 
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2023 Champion

Previous Champions

Since the inaugural Start-Up Challenge in 2016, finalists have raised more than $220MM

IDA Sports - 2022

Creator of a soccer cleat designed specifically for women. This initiative is about more than a shoe. IDA is dedicated to gender equality, empowering women and girls, and ensuring everyone has the right to enjoy sport.

IDA Sports

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Miro AI - 2019

Miro has created complex algorithms to capture valuable athlete data from various athletic competitions. This type of AI provides insights to brands and retailers, picking up in-depth trends and patterns, regarding apparel and equipment, among many different demographic breakdowns. Since being founded two years ago, Miro AI has raised more than $800K.

Miro AI

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ShotTracker - 2017

ShotTracker's Founder and CEO, Davyeon Ross, and Co-Founder, Bruce Ianni, won SFIA's 2017 Start-Up Challenge with their game-changing product helping basketball players, teams, and coaches get real-time insights on court performance. Since competing two years ago, ShotTracker has raised more than $10,000,000 and now counts Magic Johnson, David Stern, and Ryan Howard as investors.

ShotTracker


bisu - 2021

Bisu Body Coach is a home health lab that provides personalized nutrition and lifestyle advice through easy, accurate urine tests. bisu has received over $3MM in funding.

bisu

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Nix Biosensors - 2018

Nix’s high-tech sensors, capable of measuring hydration status via sweat to optimize safety and physical and cognitive performance are changing the game for athletes. Nix has received over $1.5MM in funding.

Nix Biosensors

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Hookit - 2016

Hookit’s CEO, Scott Tilton, took the Start-Up Challenge prize in 2016. Hookit's sponsorship analytics platform is disrupting the sponsorship marketing industry by equipping marketers and properties with actionable insights to effectively valuate partnerships. Since winning the inaugural challenge, Hookit has raised more than $16,000,000.

Hookit 

 

Finalists Through the Years

Get in front of sports & fitness industry start-ups + industry veterans with Start-Up Challenge Sponsorship!

 

Snapshot of Success

 

April 9, 2024 - Volt Athletics Elevates AI-powered Athlete Development Platform with Acquisition of ZAMA Health

SOURCE

July 11, 2023 - Greenfly Acquires AI Provider Miro AI to Enhance Short-Form Content Solutions.

SOURCE

 

June 2021 - Raised 5.1MM, led by existing investor KB Partners, as well as new investors including Northwestern University, Alex Alimanestianu (former CEO Town Sports International, and investor/advisor to Mirror and their founder), former NFL wide receiver Scotty McKnight and former NFL quarterback Mark Sanchez.

SOURCE

 

October 2021 - Raised 3.2MM in seed round, also reaching an agreement with ASICS Corporation to collaborate on health and fitness service initiatives.

SOURCE

October 2021 - Acquired by Slinger for deal valued at $82MM

SOURCE

January 2021 - Raised $11MM led by Verizon Ventures and broadcast equipment manufacturer Evertz Technologies, based in Canada.

SOURCE

December 2019 - Slinger Bag goes public under ticker symbol “SLBG”

SOURCE

September 2021 - Acquired by Nautilus, Inc.

SOURCE

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“I was blown away by the content, the attendees, the networking, and not to mention the access to industry leaders. Only regret was not winning!”

KENT MCKEAIGG, FOUNDER OF ORDERMYGEAR

 
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"The Start-Up Challenge was really well done. Companies should not be shy about asking for capital, and they should present the terms of the investment opportunity while on stage. I look forward to judging in future years to come."

KEITH BANK, CEO OF KB PARTNERS

 
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“It's an honor to be recognized by SFIA as part of the Start-Up Challenge. We are fortunate that we have a story that resonates with athletes across all segments of sports and fitness, and grateful that SFIA is an organization that appreciates the contributions of early-stage companies aiming to improve sports, health, safety and the industry as a whole.”

MERIDITH UNGER, CEO OF NIX

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“Participating in the SFIA Start-Up Challenge was a great opportunity for PlaySight. It definitely helped us with our ongoing fundraising efforts as well.”

JEFF ANGUS, PLAYSIGHT

 
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“asensei seized the opportunity, to share our point of view with the audience - a veritable who’s who in the industry of companies and individuals who we aspired to partner with in their digital transformation. By the start of the 2-day event, everyone knew who we were from the competition, opening the door to many partnership discussions and investments. You couldn’t find a better platform for business development in the sports and fitness industry.”

STEVEN WEBSTER, CEO OF ASENSEI

 
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“SFIA has assembled this industry in a room, focused their attention and given a great group of small companies the chance of a lifetime. We’re thrilled at the opportunity to share our hard work with the titans of the industry. To actually take home the trophy tonight is incomprehensible. We’re going to turn this validation into energy, action and more great nerd stuff!”

TAYLOR HOST, CEO OF MIRO

 

What to Expect

Competitors & Judges can expect…

Competitor Application + Process - 2024 Coming Soon!

Once reviewed by our distinguished panel of experts, up to 10 finalists will be chosen to compete in the 2023 SFIA Virtual Start-Up Challenge.

Each finalist will work with a professional to produce a pitch video for the judges to view prior to the LIVE Q&A Session. On October 10th, 2023 the SFIA Virtual Start-Up Challenge LIVE Q&A Session will take place, where judges will be able to ask the finalists any questions they may have about their competing company. The judges will then evaluate each finalist and a winner will be chosen to receive the GRAND PRIZE!

If Chosen to Compete

Should you be chosen as a 2023 SFIA Virtual Start-Up Challenge finalist, you will receive:

  • an official invitation to participate in the 2023 SFIA Virtual Start-Up Challenge Q&A & Evaluation Session, LIVE ONLINE on Tuesday, Ocotber 10th, 2022 from 12:00 PM - 3:30 PM (EST)

  • one-free-year of SFIA Membership

  • a logo-feature in an SFIA research report

  • personal introduction to five judges of your choice

  • real-time feedback from industry veterans

  • the opportunity to present to sports & fitness industry brands & retailers + potential investors and partners


Judge Application - 2024 Judge Applications Now Open!

Judge applications will be continuously reviewed throughout the process and will be announced periodically. You will be notified in a timely manner if you have been selected to judge for the 2023 SFIA Virtual Start-Up Challenge.

Anyone connected to the sports & fitness industry can apply to be a judge.

If Chosen to be a Judge

Should you be chosen as a 2024 SFIA Virtual Start-Up Challenge Judge, you will be asked to:

  • view each start-up finalist’s investment profile (before the LIVE Q&A on exact date TBD)

  • view each start-up finalist’s pitch video (before the LIVE Q&A on exact date TBD)

  • send in 1 question you have for each finalist (before the LIVE Q&A on exact date TBD)

  • attend the 2023 SFIA Virtual Start-Up Challenge Q&A & Evaluation Session, LIVE ONLINE on exact date and time TBD.

  • evaluate each start-up finalist and help decide the winner

When a judge completes the tasks above, they will receive the complete judges roster.


2023 Grand Prize

The Start-Up Challenge winner will receive…

 

2024 SFIA Start-Up Challenge Judges Seat

You will be asked to help judge at SFIA’s 2024 Start-Up Challenge

National Media Coverage

Establish your company in the national spotlight, as reputable national media outlets and industry media cover the competition. In addition, your company will be spotlighted on all SFIA platforms and digital media marketing material for the 2023 Start-Up Challenge and Industry Leaders Summit. This package is designed to boost your start-up’s social presence and reputation.

SFIA Event Advantage

The opportunity to network and connect with SFIA Members in the industry.

Includes:

  • Free Registration

  • Speaking Opportunity

  • Public Recognition at Event

Spotlight in One of SFIA’s Annual Research Reports

SFIA will highlight your company and accomplishments in the 2024 version of SFIA’s annual State of the Industry Research report, read by thousands of individuals and seen in hundreds of publications.

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Questions?

Are you a Start-Up looking for SFIA Membership? Click Here

The Sports & Fitness Industry Association (SFIA), formerly the SGMA, is the trade association of leading industry sports and fitness brands, suppliers, retailers and partners. Our mission is to "Promote Sports and Fitness Participation and Industry Vitality" by focusing on core product areas for the industry.

Our purpose is to support our member companies and promote a healthy environment for the sporting goods industry by providing access to thought leadership, industry & public affairs, research and member services.