Player’s Health Closes Series A Investment Round to Transform Risk Management and Insurance in Amateur Sports
Via News Release
“Minneapolis, July 1, 2019 – Player’s Health has secured funding to support growth and capitalize on existing and new opportunities. The investment was made by Eos Venture Partners, a specialist insurance venture capital investor with offices in London and Philadelphia and Boston-based Sports-Tech focused investor Will Ventures.”
Player’s Health is a risk management firm specializing in sports, fitness, and wellness for youth-focused organizations. They offer a suite of products covering risk management and insurance services for sports organizations, camps, fitness/wellness organizations, education, and faith-based organizations. The company’s purpose is to create the tools necessary to appropriately manage health, injuries, abuse, and risk. Currently, Player’s Health has six applications available for organizations, including PH Protect, PH Cover and PH Rehab:
- Player’s Health Rehab is a HIPAA-compliant injury management platform that helps organizations keep athletes safe. Create injury reports, manage concussion return-to-play, communicate updates, and reduce the risk of injuries falling through the cracks, from one app.
- Player’s Health Protect is a web and mobile application that allows athletes, parents, coaches, and staff to anonymously and privately report abuse, misconduct, or suspicious behavior within their organization any time anywhere. Athletes need our protection from physical, emotional, and sexual abuse. Developed with experts within abuse and sport, Player’s Health has developed a system that helps organizations: implement best practices, implement proper governance, and improve compliance around abuse reporting.
- Player’s Health Cover provides an online insurance quote and buying (click and bind) experience to reduce the traditional high administrative costs and inherent friction associated with purchasing and servicing low-cost premium accounts. This provides a new and improved insurance buying experience for amateur sports and other organizations.
Tyrre Burks, CEO and founder of Player’s Health, said:“In Will Ventures and Eos Venture Partners, we have a perfect blend of insurance, sports technology, and data aggregation expertise. We have found true strategic partners who are as passionate as we are about protecting our youth and creating impact through working with the insurance industry. Both Will Ventures and Eos Venture Partners have invested not only in our growing company, but more importantly, in the vision of a world where health, injuries, and abuse are managed with the greatest care at every level. We are excited and humbled to have Eos and Will as partners.”
Player’s Health is servicing over 120,000 athletes through the platform and is currently working with major companies across multiple industries in sports including ATI, US Club Soccer, and AIG.
Will Ventures, the Boston-based VC co-leading the round, sees its investment in Player’s Health as an opportunity to do well by doing good. “Sports organizations are in desperate need of modern tools that help protect their athletes,” said Isaiah Kacyvenski, Co-Founder & Managing Partner of Will Ventures and NFL veteran. “Player’s Health’s disruptive risk management platform replaces antiquated, paper-based processes with a modern, streamlined solution, enabling sports organizations to foster a safer environment for athletes of all ages.”