London-based startup Sportside raises £15 million for forthcoming social sports app
London-based social sports app Sportside has secured a £15 million phased investment from Fortunis Capital. Starting with a £2 million injection, the rest of the capital will be invested over the next two years. The app, which is scheduled to launch this fall, is a ‘one-stop platform’ for sport seekers, coaches or trainers and gyms. By allowing free signups, the startup hopes to build a community ‘of millions’, which would open up revenue opportunities through advertisers or sponsors. “The pandemic lockdown saw millions disconnected and isolated from their daily personal sporting interactions and we see Sportside as key to helping people reconnect,” says Bob Frost, director of London-based Fortunis.