Pre-Seed Raise Announcement!
Movetru has officially closed our Pre-Seed funding round of £1.2M!
This raise is led by Two Magnolias, a UK-based Venture Capital firm and supported by an international syndicate of investors across the UK, Ireland, and the United States. After five years of development, growth, raising, and persevering, we have launched Movetru across Europe, bringing validated, athlete-first technology to clubs, coaches, and clinics. The funding will fuel our commercial rollout, bringing cutting-edge movement screening and biomechanical analysis to clubs, coaches, and clinics
“We are absolutely thrilled to be leading this round for Movetru,” said Jessica Rasmussen, Co-founder & CEO of Two Magnolias. “Naomi and her team are solving a critical gap in sports performance with grit, vision, and world-class execution. Movetru represents the best of Northern Ireland’s tech talent, and we are excited to back them on this journey.”
Two Magnolias is joined by an international coalition of investors including IAG Capital (USA), HBAN (Republic of Ireland & Northern Ireland), Angel Academe (UK), AwakenAngels (ROI, UK, & USA). Plus individual angel investors with industry expertise, such as Dr. Phil Graham-Smith (co-founder of ForceDecks), Dr Mark Batt (Consultant and Hon Professor Sport & Exercise medicine), and Jeff Mostyn (former chairman of AFC Bournemouth). Movetru is so proud to have such a variety of strong support, and we are so grateful to everyone who has believe in our mission and been a part of this journey.
With less than 3% of VC funding going towards female-founded startups, Movetru is breaking barriers in many ways. This funding not only represents achievement and growth for the company, but is a form of empowerment for female-founders in the wider SportsTech industry, promoting greater diversity and innovation.
"I'm honoured to have Two Magnolias as part of the Movetru journey through their faith in our vision. With their vast experience and a track record of success, both within the founding partners and the advisory board, they bring critical and invaluable expertise” said Naomi. “At Movetru, we want better data-driven decisions for athletes, both on and off the field. We have developed a solution to make this happen and with this funding, we can accelerate our production to reach new athletes and change their lives for the better."
Screening and demo bookings are now live - athletes, coaches and sports professionals can enquire via our website or socials!
To read more here are the links to some recent press.