Austin-based Scorability announced a $40 million investment round spearheaded by Bluestone Equity Partners. The company operates a college sports recruiting marketplace platform that serves thousands of sports programs and millions of athletes.
Scorability’s platform leverages data, discovery and AI-driven evaluation tools to help match young athletes to opportunities based on their talents. The platform is designed to streamline the evaluation process and improve accuracy for college coaches building their teams.
Backed by its fresh capital, Scorability plans to invest in fueling product innovation, expanding its technology into additional sports and growing its workforce. The company also plans to put money toward strategic acquisitions that will help further its position in the recruiting technology sector.
