A Scottish sports tech startup has secured its first major contract win and will be providing its wearable tech, software products and data management system to the Uruguay Rugby Union.
The contract win comes as Global Rugby Network (GRN) moves towards the completion of its first external funding round by the end of Q1 2017 and the team closes in on a number of further contract wins close to home and internationally.
GRN founder, Dave Millard, is a former Glasgow Warriors and Scotland 7s pro player who saw a gap in the market for better communication, analysis and understanding of injuries within the community – Millard’s own career being cut short by his own injuries.
GRN’s mission is to “produce healthier performing athletes by providing performance monitoring and team management systems to rugby teams from recreational to international level” and combines use of data, software and wearable tech in a sports tech market segment worth over £2 billion; where rugby union is one of the fastest growing team sports globally, with participants set to double to almost 20 million by 2026. Growth rates are predicted to be highest in North America, South America and China.
GRN’s team now totals 6 and the current funding round will strengthen product development, the rollout of the product roadmap and the sales & marketing function.
Dave Millard, CEO and founder of Global Rugby Network, said: “It’s an exciting time for the team with a number of contract wins in the pipeline and a funding round that is progressing well and will allow us to enhance our products and push into new markets.”