Volo Sports, a Baltimore, MD-based supplier of community-focused, tech-enabled grownup social sports activities and curated occasions, obtained a strategic progress funding from Manhattan West.
The quantity of the deal was not disclosed.
The corporate intends to make use of the funds to develop operations and its enterprise attain.
Led by Giovanni Marcantoni, Founder and CEO, Volo Sports activities gives entry to sports activities, health packages, structured tournaments, social actions, and digital occasions, enabling customers to satisfy and join on and off the sector. It builds communities that promote human interplay and an lively life-style. In partnership with its nonprofit arm, Volo Youngsters, Volo helps the creation of free youth sports activities programming designed to construct communities of lively, resilient, and assured children.
By way of its client app, Volo’s complete providing contains entry to sports activities, health packages, structured tournaments, volunteering by Volo Youngsters, and social actions enabling customers to satisfy and join each on and off the sector. The app permits gamers to create groups as a captain, invite their mates, register/pay for leagues, chat with members of their staff, and see their schedules and standings. Volo Cross, Volo’s month-to-month membership program, permits gamers to entry pickup video games, practices, league drop-ins, health courses, and social occasions.
With over 450,000 annual registrations, the corporate has grown its presence to 9 main metropolitan cities by natural launches and strategic acquisitions.
Commenting on the information, Giovanni Marcantoni mentioned: “We see Manhattan West as the proper teammate to assist us obtain additional progress. The community, funding, and mental capital from this partnership will assist us higher serve our present consumer base, enhance our product providing, and convey the Volo expertise to much more cities all through the U.S.”
FinSMEs
19/04/2024
