Springbok Analytics Raises $3M in a Seed Funding Round Led by Some Prominent Investors.
April 26, 2023
Charlottesville, Virginia - Springbok Analytics, a wellness and fitness services company, announced today the successful completion of its seed funding round. The company has raised $3,000,000 from a group of investors led by TitletownTech, Springbok Analytics, Transition Equity Partners, FSHD Global Research Foundation, and CAV Angels.
Springbok Analytics' AI-powered platform converts MRIs into three-dimensional analyses of muscles, enabling true precision medicine. The company's clinical decision support tools have a wide range of applications, including injury management, performance optimization, and the treatment of musculoskeletal conditions. The objective insight provided by the company's tools can inform physicians, physical therapists, athletic trainers, and scientists in personalizing the care of patients.
"We are thrilled to have the support of such a distinguished group of investors as we embark on the next phase of growth for our company," said Scott Magargee, co-founder of Springbok Analytics. "This funding will allow us to accelerate our research and development efforts and expand our market reach, ultimately benefiting patients and athletes worldwide."