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Problem
Sports research is time consuming and data is scattered
Sports betting—particularly fantasy sports betting—is a popular pastime in the United States. However, Americans lose around $120 billion a year on sports betting. Why? Research is time-consuming and difficult to manage. If you wanted to be on top of every game happening, you'd need to spend 8 hours per week to maintain up-to-date knowledge on players and games.
Our founders have experienced this problem, and that's why Fanalyze was created. Fanalyze's team is determined to build technology and innovation to speed up your research while providing relevant data to help you with winning decisions.
Solution
Fanalyze: save time with search
Fanalyze is a sports data app that lets people save time with accurate data. With our platform, users can quickly get relevant information and data with a single search. Users can compare players and teams, customize their preferences, aggregate data from top sources and compare advanced stats. In short, it’s an all-in-one sports betting tool that saves hours of time for enthusiasts.
Product
Intuitive, clean and simple sports data app
Fanalyze is simple and easy to use. Our app, available on both iOS and Android operating systems, allows users to easily search players or teams. From there, they can receive valuable information and get a side-by-side comparison with other teams. We are the most up to date hub of sports data, which means users always have the latest relevant stats, news, commentary and more in the sports industry.
Traction
#1 ‘fantasy sports search engine’
Fanalyze has seen a number of milestones since our launch. We now have 5K+ users with a registered trademark along with a utility patent pending, and are in active partnerships with FSGA, Sportradar Acceleradar, Hype Sports Innovation, GamePlanU and more. We are #1 out of 30 million results for the Google search of "fantasy sports search engine" and have accrued a 4.5 rating on the app store. Our average user session is about 6:00 and we saw 60% month over month growth during the NFL season.
Partners and Supported by
The sports industry has validated our vision— we've won pitch competitions at The Sports Betting USA Conference, ASU Venture Devils Demo Day - The Global Sport Venture Challenge and the Colosseum Sports Tech Demo Day.
Customers
For anyone who loves sports
Fanalyze was created to satisfy the needs of sports fans across the U.S. We have created a product that saves time, clarifies stats and provides up-to-date comparisons on virtually every team and player. Our customers have responded with incredibly positive feedback, praising our simplicity and effectiveness.
Business model
Subscription model with affiliate marketing revenue
Fanalyze has an omni-channel business model. Like many apps, we offer subscription tiers. Our basic package is free, and we generate revenue through ads. Our pro and all-star tiers accrue monthly revenues. We estimate a $50 average annual subscription this year and project our revenue to surpass $500K by EOY 2021.
Fanalyze is currently setting up affiliate partnerships with sports betting operators as an additional revenue stream.
Market
$100M target market share
Fanalyze is targeting 10% of the sports betting industry, which is valued to be $157B+. With our current demographic and traction in the sports betting industry, we believe we can successfully capture $100M market.
Global Sports Analytics Market to Reach $2.7B by 2027
Competition
The sports data app that does it all
Fanalyze offers everything a sports enthusiast needs. We capture the coveted middle position between advanced stats, news, search engine, and sports betting data. This advantage will allow us to dominate the market and establish ourselves as industry leaders.
Vision and strategy
The Google for sports data and analytics
Fanalyze is looking for funding to help us grow our user base and platform. We have integrated NFL, MLB and NBA data, and are currently in development for Olympics data. With your investment, we will continue to scale with the goal of 10K+ paid users by the end of 2021.
Our goal in five years is to have the top 10 sports worldwide integrated into our platform, to become the Google for sports data and analytics with 1 million weekly active users.
The popularity of voice search increases with an expected 122 million Americans using voice search features by 2021. We are integrating natural language processing and machine learning to get to a specific data point faster by answering conversational queries via text or voice. Here's a quick glimpse of our voice app demo.
Funding
Seeking $500K in pre-seed round
Funding will go towards growing infrastructure, marketing and legal, as well as funding our product development. With your investment, we'll be able to fully integrate with the NFL, NBA, the Olympics and MLB.
Founders
Founders Juan Juan and Chris Longboy first met in junior high while running in the same 4x1 relay team. Both enjoyed playing sports at a young age. Chris competed in BMX racing and excelled in soccer. Juan played basketball, baseball and wrestled. They both danced in a hip hop dance group and also played in their high school varsity football team.
Juan and Chris have a combined 41 years of experience in engineering and product design. Chris has 21 years of experience as software engineer working for several startups and established companies including Motorola and Gree, helping to manage terabytes of data. Juan has 20 years of experience as a product designer and also worked at two natural language startups and Fortune 500 companies Apple and Charles Schwab.
We surrounded our team with a talented group of advisors to help build a successful startup with expertise in search, natural language processing, machine learning, analytics, fantasy sports and sports betting.