The Indiana University Angel Network has invested nearly $100,000 in Blueprint Stats, a sports analytics startup. The company was launched by Hunter Hawley, a recent graduate of the university.
IU says Hawley founded Blueprint Stats and pitched to the network while he was still an undergraduate at IU Kelley School of Business. Indianapolis-based Elevate Ventures also contributed to the investment.
“While I may have been the first student to pitch in front of the IU Angel Network, I get a feeling I won’t be the last,” Hawley said. “Plenty of other student and recent-alumni ventures have been funded and are seeing great success this year, and not by accident. Just over the course of my college career, I’ve seen massive strides made in what IU and the surrounding Bloomington community offer to their student entrepreneurs and innovators.”
According to Hawley, the opening of the Shoemaker Innovation Center in Luddy Hall and the Dimension Mill helped spur the startup’s growth over the last four years.
“As a founder and CEO, Hunter has taken full advantage of all of the resources available to him, both on campus and throughout the City of Bloomington, to better prepare himself for the growth that Blueprint Stats is experiencing,” said Jason Whitney, executive director of the IU Angel Network. “That eagerness to learn and willingness to be coached has been a major driver in the success the company is seeing and will see in the future.”
Blueprint Stats is a basketball video analytics platform for players, coaches and teams to improve performance. IU says video from a device can be uploaded to the platform, and users can receive breakdowns and statistics as well as actionable advice to improve.
Hawley says with the funding, there are opportunities for both expansion and exploration of the startup.