Tru-Spot Technologies, Inc.

company

About

Mobile App - specializing in augmented reality for online virtual seat purchasing, immersive game viewing, and distance (spot) measurement.

  • 1 - 10

Details

Last Funding Type
Non-Equity Assistant
Industries
Apps,Service Industry,Software
Founded date
Jan 1, 2017
Number Of Employee
1 - 10
Operating Status
Active

Tru-Spot Technologies is seeking $250K seed capital for finalizing our AR app development. Our disruptive technology is revolutionizing the fan’s live event experience, from an onsite, event day, and virtual environment viewpoint.

Tru-Spot AR is a technology company specializing in augmented reality for online virtual seat purchasing, unique experiences and fan engagement for Premium Seating, immersive game viewing, & distance (spot) measurements. The technology allows sports fans or concert goers to partake in real-time events for use on location at the game or event, or in the comfort and safety of home, going beyond live-streaming and delivering control of the experience into the hands of fans. Our technology also allows the ability for double seat booking capacity for premium seating and other seating areas.

Our distance (spot) measurement system takes into account the football and yard stick and uses machine learning, visual recognition algorithms, and a visual positioning service for the purposes of establishing yardage measurement in an American football game. The Digitized measurement results are displayed with a lighted display (For achieving first down), and a separate lighted display for not achieving the first down. The digitized display will also reveal - shortage distance (ex… -1.00” -7” -.001”) for distance short of first down. The results are also simultaneously displayed on the stadium scoreboard for fans, and the TRU-SPOT® “Home-team Football App” on mobile phones and smart devices.

Although some fans view the 1st Down (Spot) Measuremnet with the chains are archaic and outdated, many fans think the process is the main ingredient in fan excitement and engagement. Tru-Spot agrees with the latter, and believes the 1st Down (Spot) Measurement process with the chains are to an American football game, as apple pie is to the game of baseball, Sports Tech just needs to innovate to accomodate the process. Enter Tru-Spot Technologies, with this concept in mind. #Let the fans decide, chains or no chains!

Our team is highly experienced in film, technology, & business development with previous fortune 500 clients including NFL, NBA, and more.

Unlike our competition, Tru-Spot's application offers true fan engagement through our 360 Deg Fan View & Control, Fan 2-way In-Seat Communication, Multiple Tickets Per Virtual Seat, AR/VR Venue Amenities & Features, SmartTV, Mobile, & Browser Compatible Applications.

We are seeking to raise approximately $250K to wrap-up development and commence first stage launch.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
Tru-Spot Technologies, Inc. has raised a total of — in funding over 2 rounds. Their latest funding was raised on Feb 1, 2021 from a Non-Equity Assistant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 1, 2021 Non-Equity Assistant 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Tru-Spot Technologies, Inc. is funded by 1 investors. Newchip are the most recent investors.
Investor Name Lead Investor Funding Round
Newchip Non-Equity Assistant